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Property profile & analytics
OFF-MARKET
Estimated value
$3,590,000
Community centers
8033 Lankershim Blvd North Hollywood, CA 91605-1610
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-8565706
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1983
Construction
WOOD
Total area
9,983 SF
Lot
0.46 ac (19,993 SF)
Zoning code
LAM1
APN
2310-007-010
UPID
US09-8565706
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
-
K Inn Doughnuts Bakery Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.64M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.59M
Owner & transaction history
Cal J Meland · 1 yrs held
Cal J Meland
since 2025
7 recorded transactions
Zoning & alternative use
LAM1 · 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
by Request
CAP Approach
CAP Return
Estimation
6%
$3,945,000
6.5%
$3,640,000
7%
$3,380,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,195,000
Change: -14% · Conversion: Easy
OFFICE BUILDING
$4,925,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$3.59M
Range $3.23M – $3.95M · ±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
$360 / 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
$42,541
Tax year 2024
Assessed value
$3,392,454
Assessed 2024
Previous assessed
$3,392,454
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$2,035,474
Assessed improvement
$1,356,980
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1983
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
9,983 SF
Lot
0.46 ac (19,993 SF)
Zoning code
LAM1
APN
2310-007-010
UPID
US09-8565706
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAM1 · North Hollywood, CAZoning LAM1 · permitted uses
LAM1 · North Hollywood, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$5.2M
OFFICE BUILDING
Est. value
$4.9M
RETAIL STORES
OFFICE 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
1983
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.46 ac
Current owner
From public records · entity-resolved
Cal J Meland
Individual
Mailing address
PO BOX 175, AGOURA HILLS, CA 91376-0175
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 30, 2025
$5,150,000
Cal J Meland
Jacqueline Berger
Grant Deed
$2,775,000 · Pacific Premier Bank
Jul 12, 2022
—
Jacqueline Berger
—
Deed
related
$2,400,000 · First Republic Bank
Nov 20, 2020
—
Jacqueline Berger
—
Deed
related
$170,727 · Boston Private Bank & Trust Company
Aug 9, 2019
—
Bouzaglou Trust
—
Deed
related
$200,000 · Boston Private Bk
Feb 14, 2018
—
Jacqueline Berger
—
Deed
related
$2,000,000 · Boston Private Bank & Trust Company
Dec 2, 2016
—
Jacqueline Berger
—
Deed
related
$1,000,000 · Boston Private Bank & Trust Company
Oct 9, 2014
—
Juliette Bouzaglou
8015-8035 Lankershim LP
Quit Claim Deed
related
—
Jan 23, 2013
—
Bouzaglou Trust
Bouzaglou,juliette
Quit Claim Deed
related
—
Dec 26, 2012
—
Bouzaglou Albert & J Trust
Bouzaglou Albert & J Trust
Quit Claim Deed
related
—
Mar 22, 2010
—
8015-8035 Lankershim LP
Bouzaglou Albert C Trust
Quit Claim Deed
related
—
Jul 2, 2001
—
Bouzablou Albert
Bouzaglou,a&j Trustees
Quit Claim Deed
related
—
Apr 2, 2001
$1,100,000
Bouzaglou Trust
Lyons Center #1
Grant Deed
$700,000 · Lyons Center #1
—
—
Bouzaglou Trust
—
Deed Of Trust
related
$700,000 · Southern Pacific Bank
—
—
Bouzaglou Trust
—
Loan Modification
related
$200,000 · Boston Private Bk
—
—
Lyons Center #1
—
Deed Of Trust
related
$417,000 · Highland Federal 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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