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Property profile & analytics
OFF-MARKET
Estimated value
$2,055,000
Community centers
16844 Sherman Way Van Nuys, CA 91406-3748
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8321056
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1975
Construction
TILT-UP CONCRETE
Total area
9,300 SF
Lot
0.6 ac (26,048 SF)
Zoning code
LAC2
APN
2225-018-013
UPID
US09-8321056
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
-
Mama Donuts Bakery Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.06M
Owner & transaction history
Ori B Fogel · 5 yrs held
Ori B Fogel
since 2021
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
$221 / 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
$23,098
Tax year 2024
Assessed value
$1,706,723
Assessed 2024
Previous assessed
$1,706,723
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$732,340
Assessed improvement
$974,383
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1975
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
3
Stories
1
Total area
9,300 SF
Lot
0.6 ac (26,048 SF)
Zoning code
LAC2
APN
2225-018-013
UPID
US09-8321056
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
1975
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
3
Lot
0.6 ac
Current owner
From public records · entity-resolved
Ori B Fogel
Individual
Mailing address
11823 FOLKSTONE LN, LOS ANGELES, CA 90077-1313
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2023
—
David Olisker
—
Deed
related
$1,500,000 · The Fogel Family Trust
Feb 23, 2021
—
Ori B Fogel
Malori Ca Enterprises LP
Grant Deed
—
Jul 11, 2019
—
Malori Balboa LLC
Malori Ca Ents LP
Quit Claim Deed
—
Jul 16, 2013
—
Malori Balboa LLC
Maloribalboa LLC
Quit Claim Deed
related
$2,000,000 · Standard Insurance Co
May 13, 2009
—
Malori Balboa LLC
Fogel Family Trust
Grant Deed
—
Apr 6, 2009
—
Fogel Family Trust
Fogel Family Trust
Quit Claim Deed
related
—
Jun 8, 1998
—
Fogel,ori B & Malka Trustees
Fogel,o B & M
Quit Claim Deed
related
—
Mar 5, 1997
—
Fogel,ori B & Malka Co-trustees
Fogel,o B & M
Quit Claim Deed
related
—
—
—
Fogel Family Trust
—
Deed Of Trust
related
$1,200,000 · Standard Insurance Co
—
—
Fogel Trust
—
Deed Of Trust
related
$625,000 · One Stop Funding
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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