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Property profile & analytics
OFF-MARKET
Estimated value
$1,855,000
Auto shops
18137 Parthenia St, Northridge, CA 91325-3301
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0524158
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1938
Construction
WOOD
Total area
3,467 SF
Lot
0.43 ac (18,673 SF)
Zoning code
LACM
APN
2769-019-026
UPID
US10-0524158
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
$1.81M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.86M
Owner & transaction history
Jc LLC · 3 yrs held
Jc LLC
since 2022
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
LACM · Northridge, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.1M
+31.6%
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 Northridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Northridge 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
$1,810,000
ML approach
$1,805,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,605,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,110,000
Change: +32% · Conversion: Difficult
MEDICAL BUILDING
$1,575,000
Change: -2% · Conversion: Difficult
OFFICE BUILDING
$1,555,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$1.86M
Range $1.67M – $2.04M · ±10% · vs last sale $1.90M (Dec 19 2022)
Last sale anchor
$1.90M
Dec 19 2022
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
$535 / 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
$24,493
Tax year 2024
Assessed value
$1,935,960
Assessed 2024
Previous assessed
$1,935,960
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$1,935,960
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1938
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Buildings
2
Stories
1
Units
2
Bathrooms
2
Total area
3,467 SF
Lot
0.43 ac (18,673 SF)
Zoning code
LACM
APN
2769-019-026
UPID
US10-0524158
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LACM · Northridge, CA
Zoning LACM · permitted uses
LACM · Northridge, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Northridge. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.6M
AUTO REPAIR, GARAGE Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
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
1938
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
1
Buildings
2
Units
2
Bathrooms
2
Lot
0.43 ac
Current owner
From public records · entity-resolved
Jc LLC
Entity
Mailing address
9636 SHOSHONE AVE, NORTHRIDGE, CA 91325-2045
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Dec 19, 2022
$1,898,000
Jc LLC
Lulian Georgescu
Grant Deed
$1,615,000 · Bank Of America NA
Feb 9, 2018
—
Valcea Trust
Georgescu,julian
Quit Claim Deed
related
—
Sep 4, 2015
$800,000
Julian Georgescu
Ex Family Trust
Grant Deed
$500,000 · Ex Family Trust (pt)
Sep 4, 2015
—
Julian Georgescu
Georgescu,elfride
Quit Claim Deed
related
—
Jan 24, 2012
$724,408
Ex Family Trust
County Records Data INC
Trustees Deed
related
—
Sep 22, 2010
—
Auto Market & Financing LLC
J & D Properties Nevada LLC
Quit Claim Deed
related
—
May 22, 2009
$775,000
Auto Market & Financing LLC
Ex Family Trust C
Grant Deed
$625,000 · Ex Family Trust
May 22, 2009
—
Randall C Ex
Ex,stuart B
Affidavit Of Death
related
—
Aug 18, 2004
—
—
Ex,stuart B
Grant Deed
related
—
May 17, 1966
—
—
—
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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