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Property profile & analytics
OFF-MARKET
Estimated value
$6,585,000
Warehouses
14601 Sherman Way Van Nuys, CA 91405-2213
Individually Owned
26-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8403728
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2000
Construction
TILT-UP CONCRETE
Total area
75,888 SF
Lot
1.19 ac (51,839 SF)
Zoning code
LARD1.5
APN
2218-023-003
UPID
US09-8403728
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
-
Safe Self Storage Storage Facility
-
U-Haul Neighborhood Dealer Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.59M
Owner & transaction history
Storage Safe · 26 yrs held
Storage Safe
since 2000
7 recorded transactions
Zoning & alternative use
LARD1.5 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$87 / 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
$67,768
Tax year 2024
Assessed value
$5,008,057
Assessed 2024
Previous assessed
$5,008,057
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$1,506,843
Assessed improvement
$3,501,214
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2000
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
75,888 SF
Lot
1.19 ac (51,839 SF)
Zoning code
LARD1.5
APN
2218-023-003
UPID
US09-8403728
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LARD1.5 · Van Nuys, CA
Zoning LARD1.5 · permitted uses
LARD1.5 · Van Nuys, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Van Nuys. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.19 ac
Current owner
From public records · entity-resolved
Storage Safe
Individual
Mailing address
11628 SANTA MONICA BLVD STE #200, LOS ANGELES, CA 90025-2951
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2017
—
Safe Storage LLC
—
Deed
related
$10,500,000 · Morgan Stanley Bank NA
Jun 22, 2000
—
Safe Storage LLC
—
Grant Deed
related
$3,095,000 · Us Bank NA
Apr 18, 2000
—
Storage Safe
Broumand,h & J
Grant Deed
related
—
Oct 1, 1999
$1,000,000
Houshang Broumand
Loewen Group International INC
Grant Deed
—
Apr 29, 1996
$1,100,000
Loewen Group International INC
Josephson,andrew & Andrea
Grant Deed
—
Feb 16, 1990
—
Bernard Mintz
Mintz
Quit Claim Deed
related
—
Oct 3, 1989
—
Lawson John M
Lawson John M Tr
Quit Claim Deed
related
—
Oct 3, 1989
$1,300,000
Josephson Andrew
Laws
Trustees Deed
$900,000 · American West Bank
—
—
Safe Storage LLC
—
Deed Of Trust
related
$6,600,000 · Kinecta FCU
—
—
Safe Storage LLC
—
Deed Of Trust
related
$8,000,000 · Kinecta FCU
—
—
Bernard Mintz
—
Deed Of Trust
related
$1,005,000 · Chase Manhattan Personal Fin'l
—
—
Safe Storage LLC
—
Deed Of Trust
related
$3,500,000 · Foothill Independent Bank
—
—
Safe Storage LLC
—
Deed Of Trust
related
$4,400,000 · Key Bank NA
—
—
Andrew Josephson
—
Deed Of Trust
related
$1,000,000 · Chase Manhattan Personal Fin'l
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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