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Property profile & analytics
OFF-MARKET
Estimated value
$3,725,000
Office buildings
14545 Friar St Ste 106 Van Nuys, CA 91411-2357
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US09-7932671
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1940
Construction
WOOD
Total area
22,476 SF
Lot
0.33 ac (14,182 SF)
Zoning code
LAC2
APN
2241-004-015
UPID
US09-7932671
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
by Request
Comparable Approach
Comparable
$4.97M
Blend (final)
Blend
$3.73M
Owner & transaction history
1370 Realty Corp · 11 yrs held
1370 Realty Corp
since 2014
7 recorded transactions
Zoning & alternative use
LAC2 · Van Nuys, 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 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.73M
Range $3.35M – $4.10M · ±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
$166 / 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
$35,425
Tax year 2024
Assessed value
$2,752,478
Assessed 2024
Previous assessed
$2,752,478
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$1,531,264
Assessed improvement
$1,221,214
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
1940
Construction
WOOD
Heating
NONE
Stories
1
Total area
22,476 SF
Lot
0.33 ac (14,182 SF)
Zoning code
LAC2
APN
2241-004-015
UPID
US09-7932671
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Van Nuys, CAZoning LAC2 · permitted uses
LAC2 · Van Nuys, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1940
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
1370 Realty Corp
Entity
Mailing address
14545 FRIAR ST, VAN NUYS, CA 91411-2397
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2025
—
1370 Realty Corp
—
Deed
related
$5,857,500 · Preferred Bank
Jan 22, 2020
—
1370 Realty Corp
—
Deed
related
$4,100,000 · Preferred Bk
Dec 21, 2018
—
Realty Corp
—
Deed
related
$4,100,000 · Preferred Bank
Jun 6, 2018
—
1370 Realty Corp
—
Deed
related
$500,000 · Vicino LP
Oct 27, 2014
—
1370 Realty Corp
1370 Realty Corp
Quit Claim Deed
—
May 13, 2010
—
1370 Realty Corp
14628 Sylvan LLC
Grant Deed
—
Feb 23, 2007
$2,600,000
14628 Sylvan LLC
Gabi INC
Grant Deed
$1,820,000 · Norco Ents INC
Apr 18, 2003
—
Gabi LLC
Cooper,les K & Susan
Grant Deed
$910,000 · Silvergate Bank
Jul 10, 2001
$105,000
Les K Cooper
B & D H Investment Co
Grant Deed
$555,260 · B & D H Investment Co
—
—
1370 Realty Corp
—
Deed Of Trust
related
$2,200,000 · Habib American Bank
—
—
1370 Realty Corp
—
Loan Modification
related
$4,100,000 · Preferred Bk
—
—
14628 Sylvan LLC
—
Deed Of Trust
related
$54,600 · Norco Ents INC
—
—
1370 Realty Corp
—
Deed Of Trust
related
$3,000,000 · Habib American Bank
—
—
1370 Realty Corp
—
Deed Of Trust
related
$650,000 · Habib American Bank
—
—
1370 Realty Corp
—
Deed Of Trust
related
$500,000 · Vicino LP
—
—
Bd
—
Deed Of Trust
related
$100,000 · Fishman Etomar&e
—
—
1370 Realty Corp
—
Deed Of Trust
related
$400,000 · Habib American Bank
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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