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Property profile & analytics
OFF-MARKET
Estimated value
$2,400,000
Warehouses
8255 Lankershim Blvd North Hollywood, CA 91605-1614
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8150509
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1988
Construction
TILT-UP CONCRETE
Total area
19,310 SF
Lot
0.7 ac (30,550 SF)
Zoning code
LAM1
APN
2310-006-004
UPID
US09-8150509
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
-
Icon Sheet Metal & AC Supply Hardware & Home Improvement Home Appliance Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.40M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.40M
Owner & transaction history
Valt Lankershim LLC · 1 yrs held
Valt Lankershim LLC
since 2024
Last sale
$2.4M
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
$2,400,000
ML approach
$2,400,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.40M
Range $2.16M – $2.64M · ±10% · vs last sale $2.40M (Aug 29 2024)
Last sale anchor
$2.40M
Aug 29 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
$124 / 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
$36,075
Tax year 2024
Assessed value
$2,785,401
Assessed 2024
Previous assessed
$2,785,401
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$1,856,934
Assessed improvement
$928,467
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1988
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
19,310 SF
Lot
0.7 ac (30,550 SF)
Zoning code
LAM1
APN
2310-006-004
UPID
US09-8150509
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
1988
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
Valt Lankershim LLC
Entity
Mailing address
812 CAMBRIDGE DR, BURBANK, CA 91504-1913
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2024
—
Valt Lankershim LLC
Vazgen Hagopian
Quit Claim Deed
related
—
Jul 28, 2015
$2,400,000
Vazgen Hagopian
8255 Lankershim LLC
Grant Deed
$2,040,000 · Wells Fargo Bank NA
Aug 29, 2005
$2,200,000
8255 Lankershim LLC
Proffessional Building Mainten
Grant Deed
$4,400,000 · Citizens Business Bank
Jul 29, 1999
$1,310,000
Professional Building
—
Grant Deed
related
—
Jun 29, 1999
$1,310,000
Professional Building Maintanc
Donald Marks Trustee
Grant Deed
$655,000 · Heller Financial
Oct 27, 1989
—
Marks Living Tr
Marks Donald
Quit Claim Deed
related
—
Jan 11, 1988
—
Betty Drummond
—
Deed Of Trust
related
$435,125 · City National Bank
—
—
Professional Building Maintena
—
Deed Of Trust
related
$850,000 · Newman Trust
—
—
Professional Building Maintena
—
Deed Of Trust
related
$850,000 · Newman Paul J Trust
—
—
Professional Building Maintena
—
Deed Of Trust
related
$1,170,000 · Cnl Commercial Finance INC
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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