New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,415,000
Apartment buildings
15461 Moorpark St, Sherman Oaks, CA 91403-1009
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6815216
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1957
Construction
WOOD
Total area
8,447 SF
Lot
0.26 ac (11,251 SF)
Zoning code
LAR3
APN
2261-038-050
UPID
US09-6815216
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
$2.42M
CAP Approach
CAP
$2.09M
Comparable Approach
Comparable
$2.57M
Blend (final)
Blend
$2.42M
Owner & transaction history
Sev Properties LLC · 1 yrs held
Sev Properties LLC
since 2025
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
LAR3 · Sherman Oaks, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.8M
+39.2%
Commercial (general)
$3.6M
+31.9%
Office building
$3.1M
+11.7%
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
$2,350,000
ML approach
$2,420,000
CAP Approach
CAP Return
Estimation
6%
$2,265,000
6.5%
$2,090,000
7%
$1,940,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,760,000
Current use
MEDICAL BUILDING
$3,840,000
Change: +39% · Conversion: Moderate
COMMERCIAL (GENERAL)
$3,640,000
Change: +32% · Conversion: Moderate
OFFICE BUILDING
$3,080,000
Change: +12% · Conversion: Moderate
Blend value · Realmo final
$2.42M
Range $2.17M – $2.66M · ±10% · vs last sale $2.45M (Apr 30 2025)
Last sale anchor
$2.45M
Apr 30 2025
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
$286 / 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
$24,447
Tax year 2024
Assessed value
$1,888,313
Assessed 2024
Previous assessed
$1,888,313
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$565,917
Assessed improvement
$1,322,396
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
1957
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Units
11
Bathrooms
11
Total area
8,447 SF
Lot
0.26 ac (11,251 SF)
Zoning code
LAR3
APN
2261-038-050
UPID
US09-6815216
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
$2.8M
MEDICAL BUILDING
Est. value
$3.8M
COMMERCIAL (GENERAL)
Est. value
$3.6M
OFFICE BUILDING
Est. value
$3.1M
APARTMENT HOUSE (5+ UNITS) Current
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
1957
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
11
Bathrooms
11
Lot
0.26 ac
Current owner
From public records · entity-resolved
Sev Properties LLC
Entity
Mailing address
18375 VENTURA BLVD #452, TARZANA, CA 91356-4218
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2025
$2,450,000
Sev Properties LLC
Oak Park Apartments LLC
Grant Deed
—
Aug 26, 2021
—
Oak Park Apartments LLC
—
Deed
related
$1,000,000 · Jpmorgan Chase Bank NA
Feb 3, 2017
—
Oak Park Apartments LLC
—
Deed
related
$1,000,000 · Jpmorgan Chase Bank NA
Feb 13, 2007
—
Oak Park Apartments LLC
Ziv,simon & Dalia
Quit Claim Deed
related
—
Sep 19, 2006
$403,500
Simon Ziv
Orange Grove Properties LLC
Grant Deed
—
Nov 16, 2004
$1,391,000
Orange Grove Properties LLC
Klaver Joseph & G Trust
Grant Deed
$900,000 · Commercial Capital Bank Fsb
Jul 3, 2003
—
Klaver,tr
Penahi,poorad B
Grant Deed
related
—
Mar 2, 1993
$600,000
Maurice Araghi
Solymanijam,shil
Grant Deed
$420,000 · First Federal Bank Ca
—
—
Roe
—
Deed Of Trust
related
$100,000 · Santa Clarita 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 15461 Moorpark St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
