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    Property profile & analytics

    4623 Willis Ave Sherman Oaks, CA 91403-6024

    • Apartment buildings
    • 24,046 SF
    • 0.33 lot acres
    OFF-MARKET
    Value Estimation
    $10,235,000
    Last Sale
    Apr 27, 2021
    $10,758,107
    Location Intelligence
    Property ID
    US09-8191786
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Via Sherman Oaks / Apartment Building
    • Photographer Sherman Oaks / Photographer

    Property Details for 4623 Willis Ave

    Year built
    1999
    Construction
    WOOD
    Lot size
    0.33 lot acres
    Property size
    24,046 SF
    Zone code
    LAR3
    Property type
    Apartment buildings
    APN
    2264-006-025
    APU
    2264006025

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $9,805,000

    • CAP approach

      CAP return
      Estimation
      6%
      $9,805,000
      6.5%
      $10,060,000
      7%
      $10,485,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $9,790,000
      Geo Method
      $9,980,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $11,935,000
      Retail
      $10,845,000
      Mixed-Use
      $9,990,000
      Hospitality
      $12,295,000
      Educational
      $10,630,000
      Residential Income
      $12,330,000
      Energy
      $13,895,000
      Income-Based Land
      $13,635,000
      Food Service
      $12,685,000

    Location Insight

    • Map
    • Local Demand
    City
    Sherman Oaks
    County
    Los Angeles
    State
    California
    Longitude
    -118.456
    Latitude
    34.1551
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $139,788
    $6,367,248
    $5,049,227
    $11,416,475
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      46,947 SF

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    • Value Estimation by Request
      29,632 SF

      4620 Tilden Ave

      APARTMENT HOUSE (5+ UNITS) • 29,632 SF
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    • Value Estimation by Request
      9,365 SF

      15250 Valleyheart Dr

      APARTMENT HOUSE (5+ UNITS) • 9,365 SF
      15250 Valleyheart Dr, Sherman Oaks, CA 91403-1266
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    • Value Estimation by Request
      10,602 SF

      4629 Vis Del Monte Ave

      APARTMENT HOUSE (5+ UNITS) • 10,602 SF
      4629 Vis Del Monte Ave, Sherman Oaks, CA 91403-2966
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    • Value Estimation by Request
      16,151 SF

      4454 Vis Del Monte Ave

      APARTMENT HOUSE (5+ UNITS) • 16,151 SF
      4454 Vis Del Monte Ave, Sherman Oaks, CA 91403-5700
      View Details
    • Value Estimation by Request
      7,970 SF

      4635 Vis Del Monte Ave

      APARTMENT HOUSE (5+ UNITS) • 7,970 SF
      4635 Vis Del Monte Ave, Sherman Oaks, CA 91403-2963
      View Details

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    4623 Willis Ave
    Sherman Oaks, CA 91403-6024
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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