Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Oversized Land in Valley Glen Title is generated by Realmo AI

    6218 Matilija Ave, Valley Glen, CA 91401

    View on Map
    Claim this Listing
    Picture of Residential land & home lots at 6218 Matilija Ave, Valley Glen, CA
    For Sale
    $1,263,000

    Land/Lot - Valley Glen, CA

    Lot size:
    10,070.00 Acres
    Added:
    Apr 15, 2026
    Days on Market:
    28
    Last Refresh:
    May 12 at 4:06 pm

    Property Features for 6218 Matilija Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    unknown
    Exterior features
    Community Features Included: Valley
    Standard status
    Active
    APN
    2239007105
    Lot size
    10,070.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Arman Grigoryan
    Arman Grigoryan

    Listing agent Arman Grigoryan

    Listing office Keller Williams Beverly Hills 439 N. Canon Dr., Beverly Hills, CA

    Listing date Apr 15, 2026

    MLS# SR26081015 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Large 10,070 sq ft lot in Valley Glen.
    • SB 9 allows for building up to four units.
    • Opportunity to build a duplex with two ADUs (up to 800 sq ft each).
    • Seller financing available.
    • New sewer line, sidewalk, vinyl fencing, and driveway already installed.
    • Ideal for owner‑builders, investors, or developers.

    Overview

    Located in Valley Glen, this oversized land parcel measures 10,070 square feet. It presents an opportunity for an owner builder, investor, or developer. The property has existing improvements, including a new sewer line, new sidewalk, vinyl fencing on the sides, and a new driveway. Under California’s SB 9, up to four units can be built on this lot, allowing for the construction of a duplex with two Accessory Dwelling Units (ADUs), each offering 800 square feet of living space. These units can be designed as either attached or detached. Seller financing is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Valley Glen
    County
    Los Angeles
    State
    California
    Longitude
    -118.433105
    Latitude
    34.183576

    Nearby Similar for Sale

    • $50,000

      Established Retail Business Opportunity

      Well-established retail business on high-traffic Victory Boulevard in Valley Glen.
      12816 Victory Boulevard, Valley Glen, CA 91606
      View Details
    • $1,899,000
      4,944 SF

      Valley Glen 10-Unit Apartment Building

      Prime Valley Glen location, fully occupied with solid tenants.
      5923 Woodman Avenue, Valley Glen, CA 91401
      View Details
    • $1,999,000
      4,944 SF

      Valley Glen 10-Unit Building

      10-unit apartment building in Valley Glen with upgrades.
      5923 Woodman Avenue, Valley Glen, CA 91401
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 10,070 sq ft lot ready for development.
    Where is this residential land & home lot located?
    The property is located at 6218 Matilija Ave Valley Glen, CA.
    What is the asking price?
    The asking price for this property is $1,263,000.
    What are key features of this property?
    This property features: Large 10,070 sq ft lot in Valley Glen.; SB 9 allows for building up to four units.; Opportunity to build a duplex with two ADUs (up to 800 sq ft each).
    (310) 435-1870
    We can help!
    Listing Contact
    Arman Grigoryan
    Arman Grigoryan
    Real Estate License ID: 01711745
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6218 Matilija Ave, Valley Glen, CA 91401
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!