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Property profile & analytics
OFF-MARKET
Estimated value
$2,305,000
Apartment buildings
14802 Burbank Blvd Sherman Oaks, CA 91411-4317
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6334877
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1986
Construction
WOOD
Total area
6,706 SF
Lot
0.14 ac (5,913 SF)
Zoning code
LAR3
APN
2249-027-001
UPID
US09-6334877
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
-
Radio Ready PR Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.31M
CAP Approach
CAP
$1.66M
Comparable Approach
Comparable
$2.30M
Blend (final)
Blend
$2.31M
Owner & transaction history
Select Realty Fund LLC · 2 yrs held
Select Realty Fund LLC
since 2024
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
LAR3 · Sherman Oaks, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.8M
+137.1%
Retail stores
$3.6M
+125.5%
Medical building
$3.1M
+92.6%
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 Sherman Oaks submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sherman Oaks 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
$2,305,000
ML approach
$2,305,000
CAP Approach
CAP Return
Estimation
6%
$1,800,000
6.5%
$1,660,000
7%
$1,540,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,585,000
Current use
RESTAURANT
$3,755,000
Change: +137% · Conversion: Difficult
RETAIL STORES
$3,570,000
Change: +125% · Conversion: Difficult
MEDICAL BUILDING
$3,050,000
Change: +93% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,890,000
Change: +82% · Conversion: Moderate
OFFICE BUILDING
$2,445,000
Change: +55% · Conversion: Moderate
Blend value · Realmo final
$2.31M
Range $2.07M – $2.54M · ±10% · vs last sale $2.30M (Jun 27 2024)
Last sale anchor
$2.30M
Jun 27 2024
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
$344 / 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
$32,305
Tax year 2024
Assessed value
$2,587,270
Assessed 2024
Previous assessed
$2,587,270
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$1,270,656
Assessed improvement
$1,316,614
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1986
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
8
Rooms
6
Bathrooms
16
Total area
6,706 SF
Lot
0.14 ac (5,913 SF)
Zoning code
LAR3
APN
2249-027-001
UPID
US09-6334877
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR3 · Sherman Oaks, CA
Zoning LAR3 · permitted uses
LAR3 · Sherman Oaks, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sherman Oaks. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.6M
RESTAURANT
Est. value
$3.8M
RETAIL STORES
Est. value
$3.6M
MEDICAL BUILDING
Est. value
$3.1M
COMMERCIAL (GENERAL)
Est. value
$2.9M
OFFICE BUILDING
Est. value
$2.4M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
RETAIL STORES
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1986
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
8
Rooms
6
Bathrooms
16
Lot
0.14 ac
Current owner
From public records · entity-resolved
Select Realty Fund LLC
Entity
Mailing address
3971 CODY RD, SHERMAN OAKS, CA 91403-5022
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
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2024
$2,304,000
Select Realty Fund LLC
Oscar Luna
Grant Deed
$1,100,000 · Zonia Alvarado Luna Etux
Aug 17, 2022
—
Oscar Luna
Oscar Luna
Intrafamily Transfer
related
—
Aug 12, 2022
—
Oscar Luna
—
Deed
related
$500,000 · Winegardner Living Trust
Jul 23, 2019
—
Oscar Luna
—
Deed
related
$300,000 · Athas Cap
Jul 2, 2008
$1,860,000
Oscar Luna
Raskin,alex
Grant Deed
—
Jul 2, 2008
—
Oscar Luna
Molina,zonia D A
Quit Claim Deed
related
—
Jun 28, 2006
—
Alex Raskin
Raskin,irina
Quit Claim Deed
related
—
Jun 28, 2006
$1,725,000
Alex Raskin
Dimashkieh Family Trust
Grant Deed
$950,000 · Malaga Bank Fsb
Jan 29, 2003
—
Dimashkieh,tr
Dimashkieh,riad & Audrey
Quit Claim Deed
related
$500,000 · Washington Mutual Fsb
Aug 11, 1998
$613,000
Dimashkieh,riad & Audrey
Ayoub,joseph
Trustees Deed
$301,300 · Home Savings Of America
Aug 11, 1998
—
Joseph Ayoub
Web Serv,
Quit Claim Deed
related
—
Jul 26, 1996
—
Gene A Berman
Berman,m A
Quit Claim Deed
related
—
Jul 26, 1996
$14,500
Ayoub,joseph
Edwards,mary C
Trustees Deed
related
—
May 4, 1990
$183,000
Berman Gene A &
Villa Patrician
Trustees Deed
$175,000 · First Federal Savings & Loan
—
—
Oscar Luna
—
Deed Of Trust
related
$300,000 · Athas Cap
—
—
Gene A Berman
—
Deed Of Trust
related
$500,000 · Glendale Federal Bank
—
—
Berman Gene A
—
Deed Of Trust
related
$265,000 · Individual
—
—
Joseph Ayoub
—
Deed Of Trust
related
$40,000 · Cedars 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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