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Property profile & analytics
OFF-MARKET
Estimated value
$16,670,000
Office buildings
15315 Magnolia Blvd Ste 423, Sherman Oaks, CA 91403-1177
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US09-6499373
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Construction
STEEL FRAME
Total area
106,924 SF
Lot
0.91 ac (39,832 SF)
Zoning code
LAC2
APN
2250-002-139
UPID
US09-6499373
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
by Request
Blend (final)
Blend
$16.67M
Owner & transaction history
Jamison Valley Holdings · 20 yrs held
Jamison Valley Holdings
since 2005
7 recorded transactions
Zoning & alternative use
LAC2 · Sherman Oaks, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$156 / 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
$233,806
Tax year 2024
Assessed value
$18,757,077
Assessed 2024
Previous assessed
$18,757,077
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$3,349,472
Assessed improvement
$15,407,605
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
1984
Construction
STEEL FRAME
Heating
NONE
Total area
106,924 SF
Lot
0.91 ac (39,832 SF)
Zoning code
LAC2
APN
2250-002-139
UPID
US09-6499373
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Sherman Oaks, CA
Zoning LAC2 · permitted uses
LAC2 · 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.
Building & site characteristics
From public records
Year built
1984
Construction
STEEL FRAME
Heating
NONE
Lot
0.91 ac
Current owner
From public records · entity-resolved
Jamison Valley Holdings
Entity
Mailing address
PO BOX 847, CARLSBAD, CA 92018-0847
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2019
—
Jamison Valley Holdings LP
—
Deed
related
$15,400,000 · Bank Of Hope
Mar 1, 2019
—
Jamison Valley Holdings L P
—
Deed
related
$24,000,000 · Shanghai Commercial Bank
Oct 3, 2005
$4,818,500
Jamison Valley Holdings
Westoaks Associates
Grant Deed
—
Feb 28, 2001
—
Westoaks Associates LP
—
Deed Of Trust
related
$11,680,000 · Principal Commercial Acceptanc
Mar 18, 1998
—
Westoaks Associates LP
Advent Realty LP
Grant Deed
$20,000,000 · Lehman Capital
—
—
Jamison Valley Holdings LP
—
Deed Of Trust
related
$24,000,000 · Shanghai Com'l Bk Ltd
—
—
Jamison Valley Holdings LP
—
Deed Of Trust
related
$15,400,000 · Bank Of Hope
—
—
Jamison Valley Holdings LP
—
Loan Modification
related
$11,600,000 · Bank Of Hope
—
—
Jamison Valley Holdings LP
—
Deed Of Trust
related
$38,000,000 · Us Bank NA 2007-c32 (te)
—
—
Westoaks Associates LP
—
Deed Of Trust
related
$4,000 · Greenwich Capital Fin'l Produc
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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