Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,040,000
Apartment buildings
20801 Sherman Way Winnetka, CA 91306-2779
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8256424
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1964
Construction
WOOD
Total area
9,898 SF
Lot
0.34 ac (14,807 SF)
Zoning code
LAR3
APN
2113-013-045
UPID
US09-8256424
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
$1.16M
Blend (final)
Blend
$1.04M
Owner & transaction history
20801 Sherman Way Apartment LLC · 10 yrs held
20801 Sherman Way Apartment LLC
since 2015
7 recorded transactions
Zoning & alternative use
LAR3 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.04M
Range $936k – $1.14M · ±10%
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
$105 / 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
$12,082
Tax year 2024
Assessed value
$814,120
Assessed 2024
Previous assessed
$814,120
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$350,422
Assessed improvement
$463,698
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1964
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Units
18
Bathrooms
19
Total area
9,898 SF
Lot
0.34 ac (14,807 SF)
Zoning code
LAR3
APN
2113-013-045
UPID
US09-8256424
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR3 · Winnetka, CA
Zoning LAR3 · permitted uses
LAR3 · 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
1964
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
18
Bathrooms
19
Lot
0.34 ac
Current owner
From public records · entity-resolved
20801 Sherman Way Apartment LLC
Entity
Mailing address
5517 NEWCASTLE LN, CALABASAS, CA 91302-3121
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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 7, 2015
—
20801 Sherman Way Apartment LLC
20801 Sherman Way Apartment LLC
Intrafamily Transfer
related
$1,130,000 · Mufg Union Bank NA
Aug 5, 2009
—
20801 Sherman Way Apartment Ll
Ardalan,john & Barbara
Grant Deed
—
Aug 3, 1998
$20,000
John Ardalan
Norouzi,hadi
Grant Deed
$591,261 · Seller
Mar 16, 1990
—
Hadi Norouzi
Norouzi Hadi
Quit Claim Deed
related
$635,000 · Fidelity Federal Bank
Mar 16, 1990
$885,000
Norouzi Hadi
20801 Sherman Wa
Trustees Deed
—
—
—
Nadia Rizk
—
Deed Of Trust
related
$39,698 · Washington Mutual Fsb
—
—
John Ardalan
—
Deed Of Trust
related
$749,000 · East West Bank
—
—
Hadi Norouzi
—
Deed Of Trust
related
$29,600 · Us Small Business Admn
—
—
John Ardalan
—
Deed Of Trust
related
$510,000 · American International Bank
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 20801 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.
