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Property profile & analytics
OFF-MARKET
Estimated value
$2,735,000
Retail space
21059 Sherman Way, Canoga Park, CA 91303
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7737276
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1958
Total area
15,591 SF
Lot
0.86 ac (37,549 SF)
Zoning code
LAC2
APN
2112-019-001
UPID
US09-7737276
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
$2.74M
Owner & transaction history
Trg 21061 Sherman Way LLC · 9 yrs held
Trg 21061 Sherman Way LLC
since 2016
7 recorded transactions
Zoning & alternative use
LAC2 · Canoga Park, 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 Canoga Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Canoga Park 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
$175 / 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
$23,360
Tax year 2024
Assessed value
$1,668,941
Assessed 2024
Previous assessed
$1,668,941
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$658,704
Assessed improvement
$1,010,237
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1958
Heating
NONE
Buildings
2
Stories
1
Units
8
Total area
15,591 SF
Lot
0.86 ac (37,549 SF)
Zoning code
LAC2
APN
2112-019-001
UPID
US09-7737276
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Canoga Park, CA
Zoning LAC2 · permitted uses
LAC2 · Canoga Park, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Canoga Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1958
Heating
NONE
Stories
1
Buildings
2
Units
8
Lot
0.86 ac
Current owner
From public records · entity-resolved
Trg 21061 Sherman Way LLC
Entity
Mailing address
449 S BEVERLY DR STE #101, BEVERLY HILLS, CA 90212-4428
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2023
—
Trg 21061 Sherman Way LLC
—
Deed
related
$2,000,000 · Enterprise Bank & Trust
Aug 3, 2016
—
Trg 21061 Sherman Way LLC
Edison,reuben & Shoshana
Quit Claim Deed
related
—
Jul 22, 2016
—
Reuben Edison
Edison,reuben
Quit Claim Deed
related
—
Nov 25, 2015
—
Trg 21061 Sherman Way LLC
Edison,reuben
Quit Claim Deed
related
$2,750,000 · Miscellaneous Ins Co
Jun 29, 2007
—
Reuben Edison
Reuben Edison
Intrafamily Transfer
related
$2,300,000 · Washington Mutual Bank
Sep 28, 2006
—
Edison R & S Fam Living Trust
Edison,reuben
Quit Claim Deed
related
—
Aug 10, 2006
—
Reuben Edison
Edison R & S Fam Living Trust
Quit Claim Deed
related
$1,100,000 · All Century INC
Oct 17, 2002
—
Edison,reuben & Shoshana Tr
Edison,r
Quit Claim Deed
related
—
Sep 22, 1998
—
Reuben Edison
Edison,s
Quit Claim Deed
related
—
Jul 26, 1994
$625,000
Edison,reuben
Bank Of America
Trustees Deed
$390,000 · South Coast Thrift & Loan
Jul 26, 1994
—
Reuben Edison
Edison,s
Quit Claim Deed
related
—
Oct 28, 1992
—
Bank Of America
—
Deed Of Trust
related
—
Apr 22, 1992
—
Pacific Southwest Realty Co
—
Deed Of Trust
related
—
—
—
Reuben Edison
—
Deed Of Trust
related
$950,000 · Pacific Crest Bank
—
—
Reuben Edison
—
Deed Of Trust
related
$75,000 · Reza Tajeri
—
—
Edison,tr
—
Deed Of Trust
related
$500,000 · Parviz Shavalian
—
—
Edison Reuben & S Family Trust
—
Deed Of Trust
related
$500,000 · Alliance 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.
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