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Property profile & analytics
OFF-MARKET
Estimated value
$3,245,000
Office buildings
21363 Lassen St Chatsworth, CA 91311-4289
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US09-6316510
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1979
Construction
TILT-UP CONCRETE
Total area
20,294 SF
Lot
0.85 ac (37,163 SF)
Zoning code
LACM
APN
2747-008-029
UPID
US09-6316510
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
-
J.L.E. Enterprises, Inc. a Delaware Corp. dba Alternative Channel Sales in California Grocery & Convenience Store Distribution Center
-
North American Kosher Certification Agency Kosher Grocery Store
-
Three & Two Films Film Production Television Studio
-
Farmers Insurance - Nancy Ortega Insurance Agency
-
Hershewe Marilyn Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.76M
Blend (final)
Blend
$3.25M
Owner & transaction history
Asg Lassen LLC · 11 yrs held
Asg Lassen LLC
since 2014
7 recorded transactions
Zoning & alternative use
LACM · 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
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,375,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$3.25M
Range $2.92M – $3.57M · ±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
$160 / 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
$25,062
Tax year 2024
Assessed value
$1,775,216
Assessed 2024
Previous assessed
$1,775,216
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$1,152,744
Assessed improvement
$622,472
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1979
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
20,294 SF
Lot
0.85 ac (37,163 SF)
Zoning code
LACM
APN
2747-008-029
UPID
US09-6316510
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LACM · Chatsworth, CA
Zoning LACM · permitted uses
LACM · 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
WAREHOUSE, STORAGE
Est. value
$5.4M
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
Year built
1979
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
0.85 ac
Current owner
From public records · entity-resolved
Asg Lassen LLC
Entity
Mailing address
21363 LASSEN ST STE #108, CHATSWORTH, CA 91311-4274
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2022
—
Asg Lassen LLC
—
Deed
related
$3,097,500 · Harvest Commercial Capital LLC
Oct 14, 2014
—
Asg Lassen LLC
Gonzales Family 1995 Trust
Quit Claim Deed
$1,900,000 · Bolour Associates INC
Oct 11, 1995
—
Gonzales,armand & Susana I Trust
Gonzales,a & S I
Quit Claim Deed
related
—
Jul 28, 1994
$105,000
Armand Gonzales
Hatch Trust
Grant Deed
—
Apr 23, 1992
—
Hatch Thomas K
—
Deed Of Trust
related
—
Jan 4, 1990
$1,492,500
Thomas K Hatch
Lively Walter A
Grant Deed
$972,611 · Lively Family Tr
—
—
Gonzales Family Trust
—
Deed Of Trust
related
$1,700,000 · Standard Insurance Co
—
—
Asg Lassen LLC
—
Deed Of Trust
related
$2,250,000 · Private Individual
—
—
Asg Lassen LLC
—
Deed Of Trust
related
—
—
—
Gonzales Family Trust
—
Deed Of Trust
related
$750,000 · Evertrust Bank
—
—
Gonzales Family Trust 1995
—
Deed Of Trust
related
$5,709,801 · Miscellaneous Ins Co
—
—
Asg Lassen LLC
—
Deed Of Trust
related
$5,709,801 · Miscellaneous Ins Co
—
—
Gonzales Family Trust
—
Deed Of Trust
related
$1,230,000 · Commercial Capital Bank Fsb
—
—
Gonzales Trust
—
Deed Of Trust
related
$36,800 · Arbitrate Life Insurance Trust
—
—
Gonzales 1995 Family Trust
—
Deed Of Trust
related
$750,000 · Evertrust 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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