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Property profile & analytics
OFF-MARKET
Estimated value
$2,085,000
Community centers
18159 Sherman Way Reseda, CA 91335-4549
Entity Owned
33-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8372903
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1956
Construction
WOOD
Total area
9,000 SF
Lot
0.78 ac (34,097 SF)
Zoning code
LAC2
APN
2119-028-002
UPID
US09-8372903
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
-
Starlight Gifts & Housewares Home Decor Store Department Store
-
Lavanderia Coin Laundry (Bike/Boat/Book/etc) Store
-
U-Haul Neighborhood Dealer Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.09M
Owner & transaction history
Moose Holding Co · 33 yrs held
Moose Holding Co
since 1992
5 recorded transactions
Zoning & alternative use
LAC2 · Reseda, 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 Reseda submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Reseda 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
$232 / 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
$19,163
Tax year 2024
Assessed value
$1,392,034
Assessed 2024
Previous assessed
$1,392,034
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$926,329
Assessed improvement
$465,705
Applied tax rate
8.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1956
Construction
WOOD
Heating
NONE
Stories
1
Units
2
Total area
9,000 SF
Lot
0.78 ac (34,097 SF)
Zoning code
LAC2
APN
2119-028-002
UPID
US09-8372903
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Reseda, CA
Zoning LAC2 · permitted uses
LAC2 · Reseda, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Reseda. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1956
Construction
WOOD
Heating
NONE
Stories
1
Units
2
Lot
0.78 ac
Current owner
From public records · entity-resolved
Moose Holding Co
Entity
Free & Clear · 33 yrs held
Mailing address
15821 VENTURA BLVD STE #435, ENCINO, CA 91436-4777
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1992
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 1992
$725,000
Moose Holding Co
Wurtzel,franklin
Trustees Deed
—
Dec 31, 1992
$604,500
Moose Holding Co
Title,sidney R
Trustees Deed
$579,150 · Seller
Dec 31, 1992
$121,000
Moose Holding Co
Title,sidney R
Trustees Deed
—
Mar 22, 1988
$800,000
Titelman Alan V
Gold
Trustees Deed
$200,000 · Title 1982 Tr
Mar 22, 1988
—
Twt Prop
Wurt
Trustees 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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