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Property profile & analytics
OFF-MARKET
Estimated value
$930,000
Turn key restaurants
16619 Sierra Hwy, Canyon Country, CA 91351-1340
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9941920
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1933
Construction
WOOD
Total area
4,593 SF
Lot
0.82 ac (35,813 SF)
Zoning code
LCC3*
APN
3231-018-006
UPID
US09-9941920
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
-
Franky's Outdoor Equipment (Bike/Boat/Book/etc) Store Garden Center
-
Velocity Towing Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$925k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$930k
Owner & transaction history
Velocity Towing LLC · 5 yrs held
Velocity Towing LLC
since 2021
Last sale
$950,009
7 recorded transactions
Zoning & alternative use
LCC3* · Canyon Country, 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 Canyon Country submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Canyon Country 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
$890,000
ML approach
$925,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$930k
Range $837k – $1.02M · ±10% · vs last sale $950k (Jun 2 2021)
Last sale anchor
$950k
Jun 2 2021
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
$202 / 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
$13,651
Tax year 2024
Assessed value
$1,008,147
Assessed 2024
Previous assessed
$1,008,147
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$742,845
Assessed improvement
$265,302
Applied tax rate
9.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1933
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
1
Total area
4,593 SF
Lot
0.82 ac (35,813 SF)
Zoning code
LCC3*
APN
3231-018-006
UPID
US09-9941920
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCC3* · Canyon Country, CA
Zoning LCC3* · permitted uses
LCC3* · Canyon Country, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Canyon Country. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1933
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
1
Lot
0.82 ac
Current owner
From public records · entity-resolved
Velocity Towing LLC
Entity
Mailing address
13314 GLENOAKS BLVD, SYLMAR, CA 91342-2109
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2024
—
Velocity Towing LLC
—
Deed
related
$480,000 · Southland Esonomic Development Corporati
Mar 14, 2024
—
Velocity Towing LLC
—
Deed
related
$467,000 · First Citizens Bank & Trust Co
Jun 2, 2021
$950,000
Velocity Towing LLC
Barbara A Benz
Grant Deed
$807,500 · Commercial Bank Of Ca
Jun 2, 2021
—
Janine M Benz
George Frank Benz
Intrafamily Transfer
related
—
Aug 3, 2009
—
Benz Family Trust
Benz,charles F & Barbara A
Quit Claim Deed
related
—
Jun 21, 1972
$23,000
Charles F|benz George F Benz
—
Grant Deed
related
—
Feb 11, 1972
—
—
—
Grant Deed
related
—
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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