New search
Property profile & analytics
OFF-MARKET
Estimated value
$17,035,000
Retail space
4500 Van Nuys Blvd Sherman Oaks, CA 91403-2913
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8454889
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Construction
TILT-UP CONCRETE
Total area
52,209 SF
Lot
2.02 ac (87,965 SF)
Zoning code
LAC2
APN
2265-013-026
UPID
US09-8454889
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
-
SHERMAN OAKS RAIN GUTTER COMPANY Production Facility Metal Fabrication Plant
-
Geek Squad Computer & Electronic Repair Tech Support Center
-
Best Buy Electronics & Wireless Store
-
Pacific Sales Kitchen & Home Home Appliance Store Hardware & Home Improvement
-
Mercedes Benz Services Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$17.77M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$17.04M
Owner & transaction history
Dev Sherman Oaks Holding Ga · 12 yrs held
Dev Sherman Oaks Holding Ga
since 2013
6 recorded transactions
Zoning & alternative use
LAC2 · 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%
$19,250,000
6.5%
$17,770,000
7%
$16,500,000
Alternative Use
Use
Estimation
RETAIL STORES
$27,785,000
Current use
MEDICAL BUILDING
$23,735,000
Change: -15% · Conversion: Difficult
COMMERCIAL (GENERAL)
$22,485,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$17.04M
Range $15.33M – $18.74M · ±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
$326 / 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
$335,997
Tax year 2024
Assessed value
$26,576,153
Assessed 2024
Previous assessed
$26,576,153
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$9,569,051
Assessed improvement
$17,007,102
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2007
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
52,209 SF
Lot
2.02 ac (87,965 SF)
Zoning code
LAC2
APN
2265-013-026
UPID
US09-8454889
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Sherman Oaks, CA
Zoning LAC2 · permitted uses
LAC2 · 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
RETAIL STORES Current
Est. value
$27.8M
MEDICAL BUILDING
Est. value
$23.7M
COMMERCIAL (GENERAL)
Est. value
$22.5M
RETAIL STORES Current
MEDICAL BUILDING
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
2007
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
2.02 ac
Current owner
From public records · entity-resolved
Dev Sherman Oaks Holding Ga
Entity
Mailing address
767 5TH AVE FL #17, NEW YORK, NY 10153-0028
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
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
Apr 23, 2018
—
Ga Development Sherman Oaks Holding
—
Deed
related
$32,250,000 · Jpmorgan Chase Bank NA
Nov 26, 2013
$32,350,000
Dev Sherman Oaks Holding Ga
Van Nuys 4500 LP
Grant Deed
—
Aug 30, 2007
$1,200,000
Vance House Park Invs
Van Nuys 4500
Grant Deed
—
Jul 25, 2005
—
Van Nuys 4500
—
Trustees Deed
related
$23,300,000 · Principal Life Insurance Co
—
—
Ga Dev-sherman Oaks Hldgs LLC
—
Deed Of Trust
related
$23,800,000 · Bank Of America
—
—
Van Nuys 4500 LP
—
Deed Of Trust
related
$23,300,000 · Principal Life Insurance 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 4500 Van Nuys Blvd?
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.
