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Property profile & analytics
OFF-MARKET
Estimated value
$13,050,000
Golf courses & driving ranges
11482 Twin Hls Ave Northridge, CA 91326-1726
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8386627
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
GOLF COURSE
Year built
1969
Construction
TILT-UP CONCRETE
Total area
3,280 SF
Lot
17.14 ac (746,695 SF)
Zoning code
LAA1
APN
2822-012-021
UPID
US09-8386627
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
$9.44M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$14.21M
Blend (final)
Blend
$13.05M
Owner & transaction history
Spirit Realty LP · 4 yrs held
Spirit Realty LP
since 2021
Last sale
$12.8M
7 recorded transactions
Zoning & alternative use
LAA1 · Northridge, 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 Northridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Northridge 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
$12,500,000
ML approach
$9,440,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$13.05M
Range $11.75M – $14.36M · ±10% · vs last sale $12.75M (Jul 28 2021)
Last sale anchor
$12.75M
Jul 28 2021
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
$3,979 / 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
$22,071
Tax year 2024
Assessed value
$1,607,730
Assessed 2024
Previous assessed
$1,607,730
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$1,591,812
Assessed improvement
$15,918
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Golf courses & driving ranges
Use group
GOLF COURSE
Status
Off-Market
Year built
1969
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
3,280 SF
Lot
17.14 ac (746,695 SF)
Zoning code
LAA1
APN
2822-012-021
UPID
US09-8386627
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAA1 · Northridge, CA
Zoning LAA1 · permitted uses
LAA1 · Northridge, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Northridge. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
17.14 ac
Current owner
From public records · entity-resolved
Spirit Realty LP
Entity
Free & Clear · 4 yrs held
Mailing address
3030 LYNDON B JOHNSON FWY STE #600, DALLAS, TX 75234-7744
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Jul 28, 2021
$12,750,000
Spirit Realty LP
Porter Valley Owner LLC
Grant Deed
—
Aug 28, 2020
$18,340,000
Porter Valley Owner LLC
Porter Ridge Country Club
Grant Deed
$64,042,730 · Clubcorp Holdings INC
Nov 30, 2017
—
Clubcorp Porter Valley Cntry C
—
Grant Deed
related
—
Jan 1, 1971
—
Porter Valley Country Club
—
Grant Deed
related
—
—
—
Porter Valley Country Club INC
—
Deed Of Trust
related
$10,000 · Bank Of America
—
—
Clubcorp Porter Valley Country
—
Loan Modification
related
—
—
—
Clubcorp Porter Valley Country
—
Loan Modification
related
$350,000 · Citicorp N America
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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