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Property profile & analytics
OFF-MARKET
Estimated value
$1,120,000
Investment properties
21119 Devonshire St Chatsworth, CA 91311-2317
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7627026
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Construction
WOOD
Total area
3,030 SF
Lot
0.19 ac (8,250 SF)
Zoning code
LAC2
APN
2706-020-014
UPID
US09-7627026
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
-
Dr. Armand T. Masongsong, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.11M
CAP Approach
CAP
$945k
Comparable Approach
Comparable
$1.53M
Blend (final)
Blend
$1.12M
Owner & transaction history
Tokal LLC · 6 yrs held
Tokal LLC
since 2020
Last sale
$1.1M
3 recorded transactions
Zoning & alternative use
LAC2 · Chatsworth, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.8M
+97.0%
Auto repair, garage
$1.4M
+49.7%
Medical building
$1.4M
+47.1%
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 Chatsworth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chatsworth 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
$1,115,000
ML approach
$1,105,000
CAP Approach
CAP Return
Estimation
6%
$1,025,000
6.5%
$945,000
7%
$875,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$935,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,845,000
Change: +97% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,400,000
Change: +50% · Conversion: Difficult
MEDICAL BUILDING
$1,375,000
Change: +47% · Conversion: Easy
RETAIL STORES
$1,160,000
Change: +24% · Conversion: Easy
OFFICE BUILDING
$970,000
Change: +3% · Conversion: Easy
WAREHOUSE, STORAGE
$800,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$1.12M
Range $1.01M – $1.23M · ±10% · vs last sale $1.13M (Jan 8 2020)
Last sale anchor
$1.13M
Jan 8 2020
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
$370 / 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
$15,234
Tax year 2024
Assessed value
$1,206,224
Assessed 2024
Previous assessed
$1,206,224
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$991,785
Assessed improvement
$214,439
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Total area
3,030 SF
Lot
0.19 ac (8,250 SF)
Zoning code
LAC2
APN
2706-020-014
UPID
US09-7627026
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Chatsworth, CA
Zoning LAC2 · permitted uses
LAC2 · Chatsworth, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chatsworth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$935,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.4M
RETAIL STORES
Est. value
$1.2M
OFFICE BUILDING
Est. value
$970,000
WAREHOUSE, STORAGE
Est. value
$800,000
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
WAREHOUSE, STORAGE
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
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Tokal LLC
Entity
Free & Clear · 6 yrs held
Mailing address
20944 SHERMAN WAY STE #201, CANOGA PARK, CA 91303-3634
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2020
$1,125,000
Tokal LLC
Coldren Norman H L/tr
Grant Deed
—
Feb 22, 2006
—
Coldren Norman H Family Trust
Coldren Norman H Trust
Quit Claim Deed
related
—
Oct 22, 1998
—
Coldren,norman H & Nancy F Trust
Coldren,n H & N F
Quit Claim 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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