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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Turn key restaurants
7335 Santa Monica Blvd West Hollywood, CA 90046-6615
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US09-7645601
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1929
Construction
WOOD
Total area
6,206 SF
Lot
0.23 ac (10,200 SF)
Zoning code
WDC2A*
APN
5531-004-024
UPID
US09-7645601
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$410k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$673k
Blend (final)
Blend
$540k
Owner & transaction history
Franklin H Nyi · 14 yrs held
Franklin H Nyi
since 2012
7 recorded transactions
Zoning & alternative use
WDC2A* · West Hollywood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs West Hollywood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Hollywood submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$410,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$540k
Range $486k – $594k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$87 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$38,651
Tax year 2024
Assessed value
$2,936,948
Assessed 2024
Previous assessed
$2,936,948
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$2,216,567
Assessed improvement
$720,381
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1929
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Total area
6,206 SF
Lot
0.23 ac (10,200 SF)
Zoning code
WDC2A*
APN
5531-004-024
UPID
US09-7645601
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
WDC2A* · West Hollywood, CA
Zoning WDC2A* · permitted uses
WDC2A* · West Hollywood, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Hollywood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1929
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Franklin H Nyi
Individual
Mailing address
7335 SANTA MONICA BLVD, WEST HOLLYWOOD, CA 90046-6615
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2020
—
Valles Investments LLC
—
Deed
related
$4,000,000 · First Citizens Bank & Trust Co
Mar 21, 2012
—
Franklin H Nyi
Nyi,vicki
Quit Claim Deed
—
Mar 21, 2012
$2,385,000
Valles Investments LLC
Via Lndg Co LLC
Grant Deed
$1,271,850 · Bank Of The West
Jun 3, 2009
$1,467,120
Via Lndg Co LLC
Western Fidelity Trustees
Trustees Deed
related
—
Nov 12, 2008
—
George Lanning
Lanning,george & Nansee
Quit Claim Deed
related
—
Feb 8, 2008
—
George Lanning
Lanning Family Trust
Quit Claim Deed
related
—
Jul 18, 2003
—
Lanning,tr
—
Deed Of Trust
related
$1,500,000 · Landsman Trust
Jun 15, 2001
—
John P Dejoria
Dejoria,e
Quit Claim Deed
related
—
Jun 15, 2001
$1,050,000
Lanning Trust
Dejoria,john P
Grant Deed
$750,000 · John P
Jun 4, 1997
$300,000
Olive G Hosking
De Joria,john P
Grant Deed
—
May 11, 1994
—
John P Dejoria
Hutchinson,a
Quit Claim Deed
related
—
Apr 1, 1988
$750,000
John P Dejoria
Jacob
Trustees Deed
—
Apr 1, 1988
$690,000
Jacob Fmly Tr
Jaco
Trustees Deed
related
—
—
—
Via Lndg Co LLC
—
Deed Of Trust
related
$1,600,000 · Promerica Bank
—
—
Lanning Trust
—
Deed Of Trust
related
$720,000 · Evertrust Bank
—
—
George Lanning
—
Deed Of Trust
related
$1,550,000 · Lone Oak Fund LLC
—
—
Lanning Trust
—
Deed Of Trust
related
$1,000,000 · Newburg Trust
—
—
Lanning Family Trust
—
Deed Of Trust
related
$115,000 · Parviz Ebrahimzadeh
—
—
Lanning Family Trust
—
Deed Of Trust
related
$414,000 · United National Bank
—
—
Valles Investments LLC
—
Deed Of Trust
related
$2,432,000 · Union Bank
—
—
Hutch
—
Deed Of Trust
related
$310,000 · Lindquist R J&h
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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