Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,890,000
Community centers
20451 Sherman Way Winnetka, CA 91306-3109
Individually Owned
26-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7774506
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1980
Construction
TILT-UP CONCRETE
Total area
11,354 SF
Lot
0.5 ac (21,964 SF)
Zoning code
LAC4
APN
2114-017-015
UPID
US09-7774506
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.89M
Owner & transaction history
Sherman Way Assoc · 26 yrs held
Sherman Way Assoc
since 1999
7 recorded transactions
Zoning & alternative use
LAC4 · Winnetka, 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 Winnetka submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Winnetka 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
$166 / 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
$17,838
Tax year 2024
Assessed value
$1,321,938
Assessed 2024
Previous assessed
$1,321,938
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$569,501
Assessed improvement
$752,437
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
1980
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
11,354 SF
Lot
0.5 ac (21,964 SF)
Zoning code
LAC4
APN
2114-017-015
UPID
US09-7774506
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC4 · Winnetka, CA
Zoning LAC4 · permitted uses
LAC4 · Winnetka, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Winnetka. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Sherman Way Assoc
Individual
Mailing address
15165 VENTURA BLVD STE #140, SHERMAN OAKS, CA 91403-3390
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2006
—
Sherman Way Associates LLC
—
Deed Of Trust
related
$4,625,000 · Cathay Bank
Sep 17, 1999
—
Sherman Way Assoc
Group B,
Grant Deed
related
—
Sep 15, 1999
$330,000
Group B LLC
Group A LLC
Grant Deed
related
—
Sep 7, 1999
—
Group A LLC
Sonora Assoc,
Grant Deed
related
—
Nov 25, 1998
—
Assocs Sonora
Whba Real Estate Ltd Ptnr,
Grant Deed
related
—
May 30, 1995
$838,580
Whba Real Estate LP
Sasson,eli
Trustees Deed
—
Jan 14, 1994
—
Way Sherman
Sasson,e
Grant Deed
related
—
—
—
Eli Sasson
—
Deed Of Trust
related
$1,000,000 · Leumi Le Israel
—
—
Sonora Associates LLC
—
Deed Of Trust
related
$750,000 · Landmark Equity Mgmt INC
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 20451 Sherman Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
