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Property profile & analytics
OFF-MARKET
Estimated value
$1,065,000
Investment properties
7444 Lankershim Blvd North Hollywood, CA 91605-2801
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8162140
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1945
Construction
WOOD
Total area
2,052 SF
Lot
0.13 ac (5,626 SF)
Zoning code
LAC2
APN
2316-014-020
UPID
US09-8162140
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
-
Dr. Ovi Moas, MD Physician
-
Manuel E. Umanzor, PA Physician
-
Clinica Medica International: Ramos Anna Employment Agency
-
Clinica Medica International Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.05M
CAP Approach
CAP
$640k
Comparable Approach
Comparable
$1.45M
Blend (final)
Blend
$1.07M
Owner & transaction history
Martin Sukunyan · 4 yrs held
Martin Sukunyan
since 2021
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
LAC2 · North Hollywood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.3M
+29.8%
Retail stores
$1.1M
+11.0%
Office building
$1.0M
+5.2%
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
$1,235,000
ML approach
$1,050,000
CAP Approach
CAP Return
Estimation
6%
$695,000
6.5%
$640,000
7%
$595,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$960,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,250,000
Change: +30% · Conversion: Difficult
RETAIL STORES
$1,070,000
Change: +11% · Conversion: Easy
OFFICE BUILDING
$1,010,000
Change: +5% · Conversion: Easy
AUTO REPAIR, GARAGE
$940,000
Change: -2% · Conversion: Difficult
MEDICAL BUILDING
$935,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$1.07M
Range $959k – $1.17M · ±10% · vs last sale $1.00M (Sep 1 2021)
Last sale anchor
$1.00M
Sep 1 2021
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
$519 / 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
$12,870
Tax year 2024
Assessed value
$1,040,400
Assessed 2024
Previous assessed
$1,040,400
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$707,472
Assessed improvement
$332,928
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1945
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Units
1
Bathrooms
2
Total area
2,052 SF
Lot
0.13 ac (5,626 SF)
Zoning code
LAC2
APN
2316-014-020
UPID
US09-8162140
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · North Hollywood, CA
Zoning LAC2 · permitted uses
LAC2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$960,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$940,000
MEDICAL BUILDING
Est. value
$935,000
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1945
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.13 ac
Current owner
From public records · entity-resolved
Martin Sukunyan
Individual
Mailing address
13013 ARCHWOOD ST, NORTH HOLLYWOOD, CA 91606-1005
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2026
—
Martin Sukunyan
—
Deed
related
$612,500 · Hometown Equity Mortgage
Sep 1, 2021
$1,000,000
Martin Sukunyan
Manuel E Umanzor
Grant Deed
$600,000 · Western Assets Trust
Sep 1, 2021
—
Martin Sukunyan
Azatuhi Tagvoryan
Intrafamily Transfer
related
—
Oct 25, 2007
—
Manuel E Umanzor
Umanzor,ana
Quit Claim Deed
related
—
Jan 3, 2001
$250,000
Manuel E Umanzor
Ortiz,raul A & Candida E
Grant Deed
—
Feb 28, 1996
—
Raul A Ortiz
Ortiz,r A
Quit Claim Deed
related
—
Sep 29, 1994
—
Campos,julio Trustee
Campos,j
Quit Claim Deed
related
—
Dec 14, 1990
—
Raul A Ortiz
Ortiz Raul A
Quit Claim Deed
related
$135,000 · Mission Valley Bank
—
—
Raul A Ortiz
—
Deed Of Trust
related
$131,900 · Southern Pacific Thrift & Loan
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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