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Property profile & analytics
OFF-MARKET
Estimated value
$7,060,000
Office buildings
15545 Devonshire St Mission Hills, CA 91345-2655
Entity Owned
Absentee Owner
Free & Clear
Property ID
US09-6322459
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Construction
WOOD
Total area
35,160 SF
Lot
0.87 ac (37,994 SF)
Zoning code
LACR
APN
2649-015-046
UPID
US09-6322459
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
$7.06M
Owner & transaction history
Norina Properties LP
Norina Properties LP
since 2025
Last sale
$6.3M
7 recorded transactions
Zoning & alternative use
LACR · Mission Hills, 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 Mission Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mission Hills 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
$201 / 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
$88,007
Tax year 2024
Assessed value
$6,957,563
Assessed 2024
Previous assessed
$6,957,563
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$2,783,025
Assessed improvement
$4,174,538
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
1988
Construction
WOOD
Heating
NONE
Stories
1
Total area
35,160 SF
Lot
0.87 ac (37,994 SF)
Zoning code
LACR
APN
2649-015-046
UPID
US09-6322459
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LACR · Mission Hills, CA
Zoning LACR · permitted uses
LACR · Mission Hills, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mission Hills. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.87 ac
Current owner
From public records · entity-resolved
Norina Properties LP
Entity
Free & Clear · 0 yrs held
Mailing address
6133 BRISTOL PKWY STE #270, CULVER CITY, CA 90230-6629
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
Sep 15, 2025
$6,275,000
Norina Properties LP
Blackhawk Devonshire LLC
Grant Deed
—
Apr 15, 2022
—
Blackhawk Devonshire LLC
—
Deed
related
$3,000,000 · Apw Avenue Group Ltd
Feb 13, 2012
$5,650,000
Blackhawk Devonshire LLC
Blackhawk Office Assocs LLC
Grant Deed
$3,650,000 · Rga Reinsurance Co
Mar 28, 2007
—
Blackhawk Office Associates LLC
Blackhawk Associates LLC
Grant Deed
$5,100,000 · Wachovia Bank NA
Dec 14, 1999
$3,724,545
Blackhawk Associates LLC
Blackhawk Office Building
Grant Deed
related
$2,675,000 · Canada Life Assurance Co
Feb 2, 1988
$65,000
Blackhawk Office Building
Unknown
Grant Deed
—
—
—
Blackhawk Office
—
Deed Of Trust
related
$147,280 · Western Bank
—
—
Blackhawk
—
Deed Of Trust
related
$328,000 · Us Small Business Admn
—
—
Blackhawk Office Bldg
—
Deed Of Trust
related
$100,000 · Individual
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
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