Back to Search
Property profile & analytics
FOR SALE
Investment properties
23403 Lake Manor Dr Chatsworth, CA 91311
Trust Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-7144079
For Sale
1 / 42
$1,649,000
23403 Lake Manor Dr, Chatsworth, CA 91311
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1971
Construction
WOOD
Total area
3,544 SF
Lot
0.15 ac (6,581 SF)
Zoning code
LCC3*
APN
2007-015-042
UPID
US09-7144079
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
$1.11M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$810k
Owner & transaction history
Carter Revocable Living Trust
Carter Revocable Living Trust
since 2026
7 recorded transactions
Zoning & alternative use
LCC3* · Chatsworth, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+3.5%
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%
$1,195,000
6.5%
$1,105,000
7%
$1,025,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,095,000
Current use
OFFICE BUILDING
$1,135,000
Change: +3% · Conversion: Easy
WAREHOUSE, STORAGE
$940,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$810k
Range $729k – $891k · ±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
$229 / 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
$11,604
Tax year 2024
Assessed value
$908,665
Assessed 2024
Previous assessed
$908,665
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$527,676
Assessed improvement
$380,989
Applied tax rate
1.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1971
Construction
WOOD
Heating
NONE
Stories
1
Bathrooms
2
Total area
3,544 SF
Lot
0.15 ac (6,581 SF)
Zoning code
LCC3*
APN
2007-015-042
UPID
US09-7144079
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCC3* · Chatsworth, CA
Zoning LCC3* · permitted uses
LCC3* · 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
$1.1M
OFFICE BUILDING
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$940,000
COMMERCIAL (GENERAL) Current
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
Year built
1971
Construction
WOOD
Heating
NONE
Stories
1
Bathrooms
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
Carter Revocable Living Trust
Trust
Mailing address
8479 VAL VERDE DR, WEST HILLS, CA 91304-2134
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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
Feb 12, 2026
—
Carter Revocable Living Trust
Kenneth Carter
Deed
related
$320,000 · John P Flocked
Sep 20, 2018
$56,000
Carter Living Trust
Carter Living Trust
Grant Deed
related
—
Feb 1, 2017
—
Brian L Hensley
Hensley Mike Trust
Quit Claim Deed
related
—
Nov 15, 2016
—
Brian L Hensley
Hensley,mike
Affidavit Of Death
related
—
Feb 2, 2011
—
Hensley Mike Trust
Hensley Family Trust
Quit Claim Deed
related
—
Jul 28, 2010
—
Hensley Family Living Trust
Hensley,almeta
Affidavit Of Death
related
—
Mar 17, 2009
—
Carter Living Trust
Alichkin,sergey
Quit Claim Deed
related
—
Jun 6, 2007
—
Carter Living Trust
Carter Living Trust
Quit Claim Deed
related
—
Jun 6, 2007
$965,000
Natalya Kirillova
Carter Living Trust
Grant Deed
$800,000 · Carter Living Trust
Nov 23, 1998
—
Carter Kenneth
Carter,k & M L
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.
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?”
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.
