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    Property profile & analytics

    14942 Burbank Blvd Sherman Oaks, CA 91411-3650

    • Apartment buildings
    • 11,522 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimations
    $1,785,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-6334879
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 14942 Burbank Blvd

    Year built
    1982
    Construction
    WOOD
    Lot size
    0.24 lot acres
    Property size
    11,522 SF
    Zone code
    LARD1.5
    Property type
    Apartment buildings
    APN
    2250-015-011
    APU
    2250015011

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $2,720,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sherman Oaks
    County
    Los Angeles
    State
    California
    Longitude
    -118.459
    Latitude
    34.1718
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $35,315
    $1,934,324
    $832,592
    $2,766,916
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $4,015,000
      26,873 SF

      14612 Calvert St

      APARTMENT HOUSE (5+ UNITS) • 26,873 SF
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    • Value Estimation
      $820,000
      6,112 SF

      14632 Delano St

      APARTMENT HOUSE (5+ UNITS) • 6,112 SF
      14632 Delano St, Van Nuys, CA 91411-2828
      View Details
    • Value Estimation
      $1,095,000
      6,953 SF

      14611 Delano St

      APARTMENT HOUSE (5+ UNITS) • 6,953 SF
      14611 Delano St, Van Nuys, CA 91411-2871
      View Details
    • Value Estimation
      $3,450,000
      31,880 SF

      14610 Delano St

      APARTMENT HOUSE (5+ UNITS) • 31,880 SF
      14610 Delano St, Van Nuys, CA 91411-2859
      View Details
    • Value Estimation
      $1,285,000
      11,588 SF

      14751 Erwin St

      APARTMENT HOUSE (5+ UNITS) • 11,588 SF
      14751 Erwin St, Van Nuys, CA 91411-2483
      View Details
    • Value Estimation
      $1,170,000
      7,240 SF

      14846 Friar St

      APARTMENT HOUSE (5+ UNITS) • 7,240 SF
      14846 Friar St, Van Nuys, CA 91411-2034
      View Details

    Similar Nearby for Sale

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      24,115 SF

      Van Nuys Multifamily Investment Opportunity

      22-unit multifamily property in a desirable Van Nuys location.
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      New Multifamily Property in Van Nuys

      New 12-unit multifamily property in Van Nuys Opportunity Zone.
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    • $1,250,000
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      Van Nuys Multifamily Investment Opportunity

      Six-unit multifamily property in a high-demand Van Nuys rental market.
      14622 Sylvan St, Van Nuys, CA 91411
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    • $1,250,000
      4,341 SF

      Van Nuys Multifamily Investment Opportunity

      Six-unit multifamily property in a high-demand Van Nuys rental market.
      14622 Sylvan St, Van Nuys, CA 91411
      View Details
    • $2,900,000
      7,240 SF

      Six-Unit Multifamily Property in Van Nuys

      Six meticulously crafted units with high-end finishes and ample parking.
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      2,634 SF

      Van Nuys Multifamily Property

      Multifamily property in Van Nuys featuring a well-maintained large lot.
      14757 Sylvan St, Van Nuys, CA 91411
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    Similar Nearby for Lease

    • Contact for pricing

      Van Nuys Retail Spaces Available

      Retail spaces for lease near Orange Line and Costco.
      6265 Sepulveda Blvd, Los Angeles, CA 91411
      View Details
    • $2 SF/Yr

      Sherman Oaks Office/Medical Space

      Office and medical space with freeway access and retail amenities.
      5805 Sepulveda Blvd, Sherman Oaks, CA 91411
      View Details
    • Contact for pricing

      Oxnard Street Retail Spaces

      Retail spaces available for lease on Oxnard Street.
      14703-14705 Oxnard St 14715 & 14721 ½ Oxnard St, Los Angeles, CA 91411
      View Details
    • Contact for pricing

      Turnkey Production Studio Space

      Production studio with street access, dressing rooms, CYC walls.
      14801-14811 Oxnard St, Van Nuys, CA 91411
      View Details
    • Contact for pricing
      7,500 SF

      Van Nuys Warehouse Space Available

      Industrial warehouse, 6 units, 1250 sq ft each.
      14707 Oxnard St, Los Angeles, CA 91411
      View Details
    • Contact for pricing

      Van Nuys Medical/Office Suite

      Second-floor medical/office suite in Van Nuys, near hospital.
      15216 Vanowen St, Los Angeles, CA 91411
      View Details
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    Sherman Oaks, CA 91411-3650
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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