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Property profile & analytics
OFF-MARKET
Estimated value
$3,285,000
Apartment buildings
4322 Matilija Ave, Sherman Oaks, CA 91423-3624
Individually Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6258816
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1986
Construction
WOOD
Total area
16,488 SF
Lot
0.26 ac (11,501 SF)
Zoning code
LAR3
APN
2271-017-024
UPID
US09-6258816
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
$4.08M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.29M
Owner & transaction history
Michelle Stacy Hanna · 8 yrs held
Michelle Stacy Hanna
since 2018
7 recorded transactions
Zoning & alternative use
LAR3 · Sherman Oaks, 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 Sherman Oaks submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sherman Oaks 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%
$4,420,000
6.5%
$4,080,000
7%
$3,790,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$5,360,000
Current use
Blend value · Realmo final
$3.29M
Range $2.96M – $3.61M · ±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
$199 / 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
$69,069
Tax year 2024
Assessed value
$5,577,592
Assessed 2024
Previous assessed
$5,577,592
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$3,346,555
Assessed improvement
$2,231,037
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1986
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Units
14
Bathrooms
6
Total area
16,488 SF
Lot
0.26 ac (11,501 SF)
Zoning code
LAR3
APN
2271-017-024
UPID
US09-6258816
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR3 · Sherman Oaks, CA
Zoning LAR3 · permitted uses
LAR3 · Sherman Oaks, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sherman Oaks. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$5.4M
APARTMENT HOUSE (5+ UNITS) Current
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
1986
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
14
Bathrooms
6
Lot
0.26 ac
Current owner
From public records · entity-resolved
Michelle Stacy Hanna
Individual
Mailing address
317 N RIDGEWOOD PL, LOS ANGELES, CA 90004-1610
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2023
—
4322 Matilija Avenue LLC
—
Deed
related
$1,590,000 · Malaga Bank Fsb
Jun 22, 2018
—
Michelle Stacy Hanna
Michelle Stacy Hanna
Intrafamily Transfer
related
$1,700,000 · Beneficial State Bank
Jan 5, 2018
—
Michelle S Hanna
4322 Matilija Avenue LLC
Quit Claim Deed
related
—
May 16, 2017
—
4322 Matilija Avenue LLC
G & H Trust
Quit Claim Deed
—
Feb 28, 2013
—
Michael Gonzales
Michael Gonzales JR
Intrafamily Transfer
related
$1,325,000 · Jpmorgan Chase Bank NA
Nov 16, 2001
—
Michael Gonzales
Gonzales,m & J F
Quit Claim Deed
related
—
—
—
Michael Gonzales JR.
—
Deed Of Trust
related
$811,000 · American Savings Bank
—
—
Michael Gonzales
—
Deed Of Trust
related
$1,100,000 · Abn Amro Mortgage Group INC
Aug 11, 1967
—
—
—
Grant 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.
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