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Property profile & analytics
OFF-MARKET
Estimated value
$2,600,000
Investment properties
16430 Vanowen St Van Nuys, CA 91406-4729
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US09-8718989
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1984
Construction
TILT-UP CONCRETE
Total area
14,880 SF
Lot
0.38 ac (16,499 SF)
Zoning code
LAC2
APN
2231-006-050
UPID
US09-8718989
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
-
K-Mars Optical Big Box & Wholesale Store
-
Overnight Glasses Corporate Office
-
Challenge Accepted Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.60M
Owner & transaction history
Vanowen Plaza Associates 1 LLC · 13 yrs held
Vanowen Plaza Associates 1 LLC
since 2012
7 recorded transactions
Zoning & alternative use
LAC2 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$175 / 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
$31,543
Tax year 2024
Assessed value
$2,479,455
Assessed 2024
Previous assessed
$2,479,455
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$1,352,151
Assessed improvement
$1,127,304
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1984
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
14,880 SF
Lot
0.38 ac (16,499 SF)
Zoning code
LAC2
APN
2231-006-050
UPID
US09-8718989
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Van Nuys, CA
Zoning LAC2 · permitted uses
LAC2 · Van Nuys, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Van Nuys. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Vanowen Plaza Associates 1 LLC
Entity
Mailing address
16430 VANOWEN ST, VAN NUYS, CA 91406-4729
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2022
—
Lenin LLC
—
Deed
related
$1,910,000 · Jpmorgan Chase Bank NA
Jul 26, 2018
—
Lenin LLC
—
Trustees Deed
related
$343,000 · Jpmorgan Chase Bk NA
Feb 13, 2018
—
Lenin LLC
—
Deed
related
$1,910,000 · Jpmorgan Chase Bank NA
Aug 30, 2012
—
Vanowen Plaza Associates 1 LLC
Vanowen Plaza
Quit Claim Deed
—
Aug 30, 2012
$2,210,000
Lenin LLC
Vanowen Plaza Associates 1 LLC
Grant Deed
—
Jul 7, 1994
—
Vanowen Plaza
Shophet,a&m
Quit Claim Deed
related
—
May 9, 1994
—
Abraham Shophet
Shophet,a
Quit Claim Deed
related
—
—
—
Vanowen Plaza
—
Deed Of Trust
related
$100,000 · Individual
—
—
Abraham Shophet
—
Deed Of Trust
related
$100,000 · Schaeffer Financial Services
—
—
Abraham Shophet
—
Deed Of Trust
related
$450,000 · Schaeffer Financial Services
—
—
Abraham Shophet
—
Deed Of Trust
related
$295,000 · Individual
—
—
Vanowen Plaza
—
Deed Of Trust
related
$637,000 · Foothill Independent Bank
—
—
Vanowen Plaza
—
Deed Of Trust
related
$200,000 · United National Bank
—
—
Morad Shopet
—
Deed Of Trust
related
$800,000 · Israel Discount Bank New York
—
—
Vanowen Plaza
—
Deed Of Trust
related
$50,000 · 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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