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Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Turn key restaurants
2799 Townsgate Rd Westlake Village, CA 91361-2900
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US10-1578547
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1986
Total area
10,937 SF
Lot
0.43 ac (18,730 SF)
Zoning code
C4
APN
693-0-130-235
UPID
US10-1578547
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
$565k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.12M
Blend (final)
Blend
$840k
Owner & transaction history
H Selvin Property-westlake LP · 16 yrs held
H Selvin Property-westlake LP
since 2010
6 recorded transactions
Zoning & alternative use
C4 · Westlake Village, 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 Westlake Village submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westlake Village 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
$565,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$840k
Range $756k – $924k · ±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
$77 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$46,232
Tax year 2023
Assessed value
$2,771,579
Assessed 2024
Previous assessed
$2,717,235
+2.0% YoY
Effective rate
1.67%
On assessed value
Assessed land
$1,383,279
Assessed improvement
$1,388,300
Applied tax rate
8.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1986
Heating
NONE
Total area
10,937 SF
Lot
0.43 ac (18,730 SF)
Zoning code
C4
APN
693-0-130-235
UPID
US10-1578547
Jurisdiction
VENTURA
Zoning & alternative use
C4 · Westlake Village, CA
Zoning C4 · permitted uses
C4 · Westlake Village, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Westlake Village. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Lot
0.43 ac
Current owner
From public records · entity-resolved
H Selvin Property-westlake LP
Entity
Mailing address
3625 E 1000TH OAKS BLVD STE #326, WESTLAKE VILLAGE, CA 91362-3583
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2010
—
H Selvin Property-westlake LP
Selvin Trust
Quit Claim Deed
—
Jun 23, 2010
—
Selvin Property Management INC
Selvin Trust
Quit Claim Deed
—
May 13, 2004
—
Selvin,tr
Waterlot,west
Grant Deed
related
—
Oct 8, 2003
—
Selvin,tr
Selvin,tr
Quit Claim Deed
related
—
Apr 2, 1999
$1,650,000
Selvin Trust
Waterlot West
Grant Deed
$900,000 · California Oaks State Bank
—
—
H Selvin Property-westlake LP
—
Deed Of Trust
related
$700,000 · California United 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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