Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,500,000
Office buildings
21418 Devonshire St Chatsworth, CA 91311-2934
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6210179
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1960
Construction
TILT-UP CONCRETE
Total area
5,443 SF
Lot
0.52 ac (22,658 SF)
Zoning code
LAMR1
APN
2747-010-048
UPID
US09-6210179
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
-
VCA Chatsworth Veterinary Center Veterinary Clinic
-
VCA Animal Hospitals Veterinary Clinic
-
Poquito Thomsen Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.51M
CAP Approach
CAP
$1.95M
Comparable Approach
Comparable
$2.43M
Blend (final)
Blend
$2.50M
Owner & transaction history
Bristol South Coast Properties LLC · 4 yrs held
Bristol South Coast Properties LLC
since 2021
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
LAMR1 · Chatsworth, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.5M
+103.7%
Neighborhood: shopping center
$3.3M
+90.4%
Auto repair, garage
$2.5M
+44.7%
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
$2,570,000
ML approach
$2,510,000
CAP Approach
CAP Return
Estimation
6%
$2,115,000
6.5%
$1,950,000
7%
$1,815,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,740,000
Current use
RESTAURANT
$3,545,000
Change: +104% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$3,315,000
Change: +90% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,520,000
Change: +45% · Conversion: Difficult
MEDICAL BUILDING
$2,475,000
Change: +42% · Conversion: Easy
RETAIL STORES
$2,085,000
Change: +20% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,680,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$2.50M
Range $2.25M – $2.75M · ±10% · vs last sale $2.50M (Aug 12 2021)
Last sale anchor
$2.50M
Aug 12 2021
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
$459 / 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
$23,864
Tax year 2024
Assessed value
$1,872,720
Assessed 2024
Previous assessed
$1,872,720
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$728,280
Assessed improvement
$1,144,440
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
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1960
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
5,443 SF
Lot
0.52 ac (22,658 SF)
Zoning code
LAMR1
APN
2747-010-048
UPID
US09-6210179
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAMR1 · Chatsworth, CA
Zoning LAMR1 · permitted uses
LAMR1 · 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
OFFICE BUILDING Current
Est. value
$1.7M
RESTAURANT
Est. value
$3.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.3M
AUTO REPAIR, GARAGE
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$2.5M
RETAIL STORES
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$1.7M
OFFICE BUILDING Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
1960
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Bristol South Coast Properties LLC
Entity
Mailing address
2643 CAPELLA WAY, THOUSAND OAKS, CA 91362-4954
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2021
$2,500,000
Bristol South Coast Properties LLC
Susan P Milder LLC
Grant Deed
—
Mar 27, 2018
—
Susan P Milder LLC
—
Deed
related
$1,000,000 · Miscellaneous Ins Co
Aug 13, 2003
—
Susan P Milder LLC
Grote Properties LLC
Grant Deed
$537,500 · Greater Bay Bank
Sep 11, 2000
—
John F Grote
Grote,w E
Quit Claim Deed
related
—
Jul 24, 1996
—
Grote,props LLC
Grote,j F & W E Trustees
Quit Claim Deed
related
—
Nov 6, 1992
—
Grote John F
—
Deed Of Trust
related
—
Aug 6, 1992
$400,500
John F Grote
Krum,william P
Grant Deed
$400,000 · Seller
—
—
Susan P Milder LLC
—
Deed Of Trust
related
$516,000 · California Statewide Certified
—
—
Susan P Milder LLC
—
Deed Of Trust
related
$1,120,963 · Greater Bay Bank
—
—
Susan P Milder LLC
—
Deed Of Trust
related
$1,000,000 · Miscellaneous Ins Co
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 21418 Devonshire St?
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.
