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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Theaters & concert halls
7348 Bellaire Ave North Hollywood, CA 91605-4301
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7567004
Property profile
Verified
Property type
Theaters & concert halls
Use group
AUDITORIUM
Year built
1980
Construction
TILT-UP CONCRETE
Total area
25,964 SF
Lot
0.88 ac (38,402 SF)
Zoning code
LAM2
APN
2324-002-030
UPID
US09-7567004
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
Current use
Occupant on record · Public records
-
Bellaire Banquet Hall Wedding Service
-
ATM Atm
-
LAA Insurance Services Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$620k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$507k
Blend (final)
Blend
$565k
Owner & transaction history
7344 Bellaire Ave LLC · 10 yrs held
7344 Bellaire Ave LLC
since 2015
7 recorded transactions
Zoning & alternative use
LAM2 · North 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 North Hollywood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
$620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$565k
Range $509k – $622k · ±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
$22 / 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
$32,334
Tax year 2024
Assessed value
$2,394,781
Assessed 2024
Previous assessed
$2,394,781
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$1,197,573
Assessed improvement
$1,197,208
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
Theaters & concert halls
Use group
AUDITORIUM
Status
Off-Market
Year built
1980
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
25,964 SF
Lot
0.88 ac (38,402 SF)
Zoning code
LAM2
APN
2324-002-030
UPID
US09-7567004
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAM2 · North Hollywood, CA
Zoning LAM2 · permitted uses
LAM2 · North Hollywood, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Hollywood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
0.88 ac
Current owner
From public records · entity-resolved
7344 Bellaire Ave LLC
Entity
Mailing address
528 ERSKINE DR, PACIFIC PALISADES, CA 90272-4247
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 26, 2015
—
7344 Bellaire Ave LLC
Hart Family Trust
Quit Claim Deed
related
—
Jul 25, 2014
—
7344 Bellaire Ave LLC
Hart Family Trust
Quit Claim Deed
related
—
Dec 11, 2007
—
Hart Family Trust
Hart Living Trust
Quit Claim Deed
related
$1,200,000 · Embarcadero Bank
Nov 6, 1998
—
Hart,richard T & Kathryn L Trust
Hart,r T
Quit Claim Deed
related
—
Oct 30, 1996
$768,000
Home Savings Of America
Pace,john B & Rose
Trustees Deed
related
—
Dec 8, 1994
—
Pace Trust
—
Deed Of Trust
related
$1,500,000 · Us Small Business Admn
Apr 26, 1993
—
Pace,trust
Pace,john B & Ro
Quit Claim Deed
related
—
Jul 21, 1992
—
Pace John
—
Deed Of Trust
related
—
—
—
Pace,trust
—
Deed Of Trust
related
$2,000,000 · Wells Fargo Bank
—
—
Hart Family Trust
—
Deed Of Trust
related
$1,136,400 · Coronado First Bank
—
—
Hart Family Trust
—
Deed Of Trust
related
—
—
—
Richard T Hart
—
Deed Of Trust
related
$250,000 · Preferred Bank
—
—
Richard T Hart
—
Deed Of Trust
related
$740,000 · California United Bank
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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