Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Retail space
8070 Webb Ave North Hollywood, CA 91605-1504
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-8150483
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1939
Construction
WOOD
Total area
7,451 SF
Lot
0.46 ac (20,157 SF)
Zoning code
LAM1
APN
2310-007-006
UPID
US09-8150483
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
-
Tires Plus (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$750k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$598k
Blend (final)
Blend
$750k
Owner & transaction history
Ardemis Ganoumian · 2 yrs held
Ardemis Ganoumian
since 2024
Last sale
$750,000
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
$750,000
ML approach
$750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$750k
Range $675k – $825k · ±10% · vs last sale $750k (May 1 2024)
Last sale anchor
$750k
May 1 2024
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
$101 / 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
$15,744
Tax year 2024
Assessed value
$1,196,318
Assessed 2024
Previous assessed
$1,196,318
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$540,818
Assessed improvement
$655,500
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1939
Construction
WOOD
Heating
NONE
Buildings
2
Total area
7,451 SF
Lot
0.46 ac (20,157 SF)
Zoning code
LAM1
APN
2310-007-006
UPID
US09-8150483
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAM1 · North Hollywood, CA
Zoning 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
North Hollywood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1939
Construction
WOOD
Heating
NONE
Buildings
2
Lot
0.46 ac
Current owner
From public records · entity-resolved
Ardemis Ganoumian
Individual
Mailing address
4558 KINGSWELL AVE, LOS ANGELES, CA 90027-4453
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2024
—
Ardemis Ganoumian
Aram G Ganoumian
Affidavit Death Of Trustee/successor Trustee
related
$1,500,000 · Cathay Bank
Oct 20, 2020
—
Ganoumian,aram G & Ardemis Tr
—
Deed
related
$850,000 · Strauss David B JR Trus (rt)
Nov 27, 2013
$750,000
Ganoumian,aram G & A Trust
Brychta Mildred Trust
Grant Deed
—
Nov 27, 2013
—
Brychta,mildred Trust
Brychta,mildred S
Affidavit Of Death
related
—
Apr 9, 2003
—
Brychta,tr
Brychta,tr
Quit Claim Deed
related
—
Dec 6, 1994
—
Brychta,mildred Trustee
Brychta,m
Quit Claim Deed
related
—
—
—
Ganoumian,aram G & Ardemis Tr
—
Deed Of Trust
related
$850,000 · Strauss David B JR Trus (rt)
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8070 Webb Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
