Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Commercial land
8508 Holloway Dr West Hollywood, CA 90069-2446
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8095888
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1924
Total area
1,323 SF
Lot
0.12 ac (5,191 SF)
Zoning code
WDR4*
APN
4339-003-006
UPID
US09-8095888
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$500k
CAP Approach
CAP
$410k
Comparable Approach
Comparable
$665k
Blend (final)
Blend
$500k
Owner & transaction history
Holloway Drive LLC · 7 yrs held
Holloway Drive LLC
since 2018
7 recorded transactions
Zoning & alternative use
WDR4* · West Hollywood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$720,000
+81.5%
Office building
$665,000
+67.5%
Medical building
$605,000
+52.1%
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 West Hollywood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West 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
$500,000
CAP Approach
CAP Return
Estimation
6%
$445,000
6.5%
$410,000
7%
$385,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$395,000
Current use
AUTO REPAIR, GARAGE
$720,000
Change: +81% · Conversion: Difficult
OFFICE BUILDING
$665,000
Change: +68% · Conversion: Easy
MEDICAL BUILDING
$605,000
Change: +52% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$560,000
Change: +41% · Conversion: Difficult
RETAIL STORES
$545,000
Change: +37% · Conversion: Easy
WAREHOUSE, STORAGE
$370,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$500k
Range $450k – $550k · ±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
$378 / 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
$45,497
Tax year 2024
Assessed value
$3,797,460
Assessed 2024
Previous assessed
$3,797,460
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$3,797,460
Applied tax rate
1.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1924
Heating
NONE
Total area
1,323 SF
Lot
0.12 ac (5,191 SF)
Zoning code
WDR4*
APN
4339-003-006
UPID
US09-8095888
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
WDR4* · West Hollywood, CA
Zoning WDR4* · permitted uses
WDR4* · West Hollywood, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Hollywood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$395,000
AUTO REPAIR, GARAGE
Est. value
$720,000
OFFICE BUILDING
Est. value
$665,000
MEDICAL BUILDING
Est. value
$605,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$560,000
RETAIL STORES
Est. value
$545,000
WAREHOUSE, STORAGE
Est. value
$370,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
WAREHOUSE, STORAGE
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
1924
Heating
NONE
Lot
0.12 ac
Current owner
From public records · entity-resolved
Holloway Drive LLC
Entity
Mailing address
10850 WILSHIRE BLVD STE #1000, LOS ANGELES, CA 90024-4322
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Nov 10, 2025
—
Holloway La Cienega LLC
—
Deed
related
$8,000,000 · Jpmorgan Chase Bank NA
Aug 30, 2019
—
Holloway Drive LLC
—
Grant Deed
related
$5,000,000 · American Busn Bk
Sep 14, 2018
—
Holloway Drive LLC
Azria Family Trust
Quit Claim Deed
related
$5,500,000 · Farmers & Merchants Bk/lng Bch
Dec 20, 2007
$6,000,000
Holloway Drive LLC
Lanning Family Trust
Grant Deed
—
Jun 21, 2005
—
Lanning Family Trust
—
Deed Of Trust
related
$4,500,000 · Preferred Bank
Jul 22, 2003
$2,000,000
Lanning,tr
Hollywood Outdoors LLC
Grant Deed
$1,500,000 · Los Angeles National Bank
Aug 10, 2001
—
Hollywood Outdoors LLC
Morris Communications Corp
Grant Deed
related
—
Jul 8, 1998
$765,000
Morris Communications Corp
Desert Outdoor Advertising INC
Grant Deed
—
—
—
Holloway Drive LLC
—
Deed Of Trust
related
$4,500,000 · First Bank
—
—
Lanning Family Trust
—
Deed Of Trust
related
$115,000 · Parviz Ebrahimzadeh
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 8508 Holloway Dr?
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.
