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Property profile & analytics
OFF-MARKET
Estimated value
$2,500,000
Community centers
14863 Sherman Way Van Nuys, CA 91405-2254
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7899150
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1985
Construction
WOOD
Total area
7,156 SF
Lot
0.3 ac (13,107 SF)
Zoning code
LAC1.5
APN
2218-021-036
UPID
US09-7899150
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
-
Ying Hana Teppanyaki Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.50M
CAP Approach
CAP
$2.61M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.50M
Owner & transaction history
Okagesama Vdp INC · 1 yrs held
Okagesama Vdp INC
since 2024
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
LAC1.5 · 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
Method
Estimation
Statistic approach
$2,500,000
ML approach
$2,500,000
CAP Approach
CAP Return
Estimation
6%
$2,825,000
6.5%
$2,610,000
7%
$2,425,000
Alternative Use
Use
Estimation
RESTAURANT
$4,005,000
Change: -8% · Conversion: Difficult
RETAIL STORES
$3,810,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$2.50M
Range $2.25M – $2.75M · ±10% · vs last sale $2.50M (Dec 10 2024)
Last sale anchor
$2.50M
Dec 10 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
$349 / 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
$39,568
Tax year 2024
Assessed value
$3,179,226
Assessed 2024
Previous assessed
$3,179,226
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$1,952,157
Assessed improvement
$1,227,069
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1985
Construction
WOOD
Heating
NONE
Stories
1
Total area
7,156 SF
Lot
0.3 ac (13,107 SF)
Zoning code
LAC1.5
APN
2218-021-036
UPID
US09-7899150
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC1.5 · Van Nuys, CAZoning LAC1.5 · permitted uses
LAC1.5 · 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
RESTAURANT
Est. value
$4.0M
RETAIL STORES
Est. value
$3.8M
RESTAURANT
RETAIL STORES
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
1985
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Okagesama Vdp INC
Entity
Mailing address
2118 WILSHIRE BLVD #353, SANTA MONICA, CA 90403-5704
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2024
$2,500,000
Okagesama Vdp INC
F & S Habata Investments LLC
Grant Deed
$1,170,000 · Exeter Trust Company
Feb 5, 2020
—
F&s Habata Investments LLC
—
Deed
related
$800,000 · Midfirst Bank
Oct 30, 2017
—
F & S Habata Investments LLC
Habata F & S Trust
Quit Claim Deed
related
$715,000 · Moshe Abramovici
Feb 13, 2009
—
Habata F & S Trust
Habata F & S Living Trust
Quit Claim Deed
related
—
Jun 20, 2003
—
Habata,tr
Habata,frank-sachiko
Quit Claim Deed
related
—
—
—
Frank Habata
—
Deed Of Trust
related
$600,000 · Evertrust Bank
—
—
Listfrank Habata
—
Deed Of Trust
related
$100,000 · Evertrust Bank
—
—
Habata F & S Trust
—
Deed Of Trust
related
$650,000 · Evertrust Bank
—
—
Frank Habata
—
Deed Of Trust
related
$177,746 · Evertrust Bank
—
—
Habata,tr
—
Deed Of Trust
related
$750,000 · Evertrust Bank
—
—
Habata F & S Bypass Trust
—
Deed Of Trust
related
$689,282 · Evertrust Bank
—
—
Frank Habata
—
Deed Of Trust
related
$12,500 · Us Small Business Admn
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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