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Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Office buildings
14541 Hamlin St Van Nuys, CA 91411-1608
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8578313
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1962
Construction
TILT-UP CONCRETE
Total area
2,800 SF
Lot
0.17 ac (7,505 SF)
Zoning code
LACR
APN
2236-015-014
UPID
US09-8578313
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
-
Hrashq Pre-School High School Daycare Center
-
Feed the Needy Children Inc Charitable Organization
-
Softnet Ventures Inc (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.01M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$860k
Owner & transaction history
Greta Paronyan · 1 yrs held
Greta Paronyan
since 2024
7 recorded transactions
Zoning & alternative use
LACR · Van Nuys, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.3M
+24.6%
Commercial (general)
$1.2M
+18.1%
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 Van Nuys submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Van Nuys 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%
$1,090,000
6.5%
$1,005,000
7%
$935,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,020,000
Current use
MEDICAL BUILDING
$1,275,000
Change: +25% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,205,000
Change: +18% · Conversion: Easy
WAREHOUSE, STORAGE
$825,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$860k
Range $774k – $946k · ±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
$307 / 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
$12,939
Tax year 2024
Assessed value
$1,032,916
Assessed 2024
Previous assessed
$1,032,916
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$800,802
Assessed improvement
$232,114
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1962
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
2,800 SF
Lot
0.17 ac (7,505 SF)
Zoning code
LACR
APN
2236-015-014
UPID
US09-8578313
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LACR · Van Nuys, CAZoning LACR · permitted uses
LACR · Van Nuys, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$825,000
OFFICE BUILDING Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1962
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Greta Paronyan
Individual
Mailing address
6223 MARY ELLEN AVE, VALLEY GLEN, CA 91401-2530
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2024
—
Greta Paronyan
Greta Paronyan
Deed
related
—
Mar 24, 2023
—
Hrashq Pre School INC
Greta Paronyan
Lease
$461,000 · The Mortgage Capital Development Corp
Nov 30, 2017
—
Greta Paronyan
—
Deed
related
$874,000 · Pacific Enterprise Bank
Oct 14, 2015
$830,000
De Las,alas R B Living Trust
Vanlin LLC
Grant Deed
—
Oct 14, 2015
$890,000
Greta Paronyan
De Las Alas R B Trust
Grant Deed
$580,000 · Artin & Loussine Boyamian
Jan 30, 2015
$530,000
Vanlin LLC
Stroud,james T
Grant Deed
—
Jul 12, 2000
$240,000
James T Stroud
California Federal Bank
Grant Deed
$192,000 · Us Bank NA
Feb 3, 2000
$232,486
California Federal Bank
Kancilia,dirk H
Trustees Deed
related
—
Oct 11, 1995
—
1 Dhk
Kancilia,d H
Quit Claim Deed
related
—
Nov 8, 1991
—
Dirk H Kanicilia
Kancilia,tracie
Quit Claim Deed
related
$318,000 · Government Funding
Nov 27, 1989
$475,000
Dirk H Kancilia
Priven Alan And
Grant Deed
$310,000 · Brobridge Define
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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