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Property profile & analytics
OFF-MARKET
Estimated value
$1,380,000
Hotels
21334 Devonshire St Chatsworth, CA 91311
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8068930
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1988
Construction
WOOD
Total area
20,454 SF
Lot
0.35 ac (15,429 SF)
Zoning code
LAC4
APN
2747-011-061
UPID
US09-8068930
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
$1.43M
Blend (final)
Blend
$1.38M
Owner & transaction history
Norcal Hospitality INC · 8 yrs held
Norcal Hospitality INC
since 2018
5 recorded transactions
Zoning & alternative use
LAC4 · Chatsworth, 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 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
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
$1.38M
Range $1.24M – $1.52M · ±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
$67 / 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
$67,512
Tax year 2024
Assessed value
$5,413,544
Assessed 2024
Previous assessed
$5,413,544
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$1,531,102
Assessed improvement
$3,882,442
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1988
Construction
WOOD
Heating
NONE
Stories
1
Units
36
Bathrooms
36
Total area
20,454 SF
Lot
0.35 ac (15,429 SF)
Zoning code
LAC4
APN
2747-011-061
UPID
US09-8068930
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC4 · Chatsworth, CA
Zoning LAC4 · permitted uses
LAC4 · 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.
Building & site characteristics
From public records
Year built
1988
Construction
WOOD
Heating
NONE
Stories
1
Units
36
Bathrooms
36
Lot
0.35 ac
Current owner
From public records · entity-resolved
Norcal Hospitality INC
Entity
Mailing address
7126 DE SOTO AVE, CANOGA PARK, CA 91303-2208
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
May 16, 2024
—
Norcal Hospitality INC
—
Deed
related
$15,200,000 · Bbcn Bank
Jul 3, 2018
$7,650,000
Norcal Hospitality INC
Delta Devonshire LLC
Trustees Deed
$5,070,000 · Bank Of Hope
Nov 30, 2017
$6,200,000
Delta Devonshire LLC
Chatsworth Inv Group LLC
Grant Deed
—
Jul 19, 2017
$6,200,000
Delta Devonshire LLC
Chatsworth Investment Group LLC
Grant Deed
$5,000,000 · Esun Commercial Bank Limited
Oct 20, 1997
—
Chatsworth Investment Group
—
Deed Of Trust
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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