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Property profile & analytics
OFF-MARKET
Estimated value
$1,965,000
Warehouses
12355 Gladstone Ave Sylmar, CA 91342-5319
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8452959
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1969
Construction
TILT-UP CONCRETE
Total area
12,465 SF
Lot
0.68 ac (29,601 SF)
Zoning code
LAM1
APN
2525-017-003
UPID
US09-8452959
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
by Request
CAP Approach
CAP
$2.50M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.97M
Owner & transaction history
Owner Name Unavailable · 5 yrs held
Owner Name Unavailable
since 2021
7 recorded transactions
Zoning & alternative use
LAM1 · Sylmar, 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 Sylmar submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sylmar 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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,705,000
6.5%
$2,495,000
7%
$2,315,000
Blend value · Realmo final
$1.97M
Range $1.77M – $2.16M · ±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
$158 / 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
$26,936
Tax year 2024
Assessed value
$2,056,693
Assessed 2024
Previous assessed
$2,056,693
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$1,561,146
Assessed improvement
$495,547
Applied tax rate
8.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1969
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
12,465 SF
Lot
0.68 ac (29,601 SF)
Zoning code
LAM1
APN
2525-017-003
UPID
US09-8452959
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAM1 · Sylmar, CA
Zoning LAM1 · permitted uses
LAM1 · Sylmar, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sylmar. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
0.68 ac
Current owner
From public records · entity-resolved
Owner Name Unavailable
Individual
Free & Clear · 5 yrs held
Mailing address
26810 TRIUMPH AVE, CANYON COUNTRY, CA 91387-3970
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 25, 2021
—
Owner Name Unavailable
Barry L King
Affidavit Of Death
—
Jan 11, 2021
—
Werth,r & B Fam Trust
Bl King Living Trust
Quit Claim Deed
related
—
Mar 7, 2018
—
King,b L Living Trust
King,barry
Quit Claim Deed
related
—
May 12, 2017
—
Werth,robert W Trust
Werth,robert W
Quit Claim Deed
related
—
Oct 7, 2016
—
Werth,richard & Barbara Trust
Werth,richard C
Quit Claim Deed
related
—
Nov 17, 2000
—
Robert W Werth
Werth,m
Quit Claim Deed
related
—
Nov 17, 2000
$277,000
Werth,robert W
Werth Trust
Trustees Deed
related
—
Jun 2, 2000
—
Russell A Werth
Werth,t
Quit Claim Deed
related
—
Jun 2, 2000
$553,500
Werth Trust
Werth Trust
Trustees Deed
related
—
Nov 16, 1999
$1,800,000
Barry King
Macmillin Trust
Grant Deed
$1,300,000 · Foothill Independent Bank
Feb 6, 1997
—
Macmillin,ruth E Trustee
Macmillin R E Trustee,
Quit Claim Deed
related
—
—
—
Macmillin Trust
—
Deed Of Trust
related
$305,967 · Bank Of 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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