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Property profile & analytics
OFF-MARKET
Estimated value
$4,340,000
Apartment buildings
5050 Woodman Ave, Sherman Oaks, CA 91423-1372
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-6258070
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1961
Construction
WOOD
Total area
28,572 SF
Lot
0.55 ac (23,992 SF)
Zoning code
LAR3
APN
2359-024-030
UPID
US09-6258070
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
-
550 Apartments Apartment Building
-
Parworks Tree Service Landscaping General Contractor
-
STEP IT UP,LLC Theater & Performing Art Venue Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.34M
Owner & transaction history
5050 Woodman Ave LLC
5050 Woodman Ave LLC
since 2026
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$152 / 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
$68,472
Tax year 2024
Assessed value
$5,348,253
Assessed 2024
Previous assessed
$5,348,253
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$2,139,301
Assessed improvement
$3,208,952
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
1961
Construction
WOOD
Heating
NONE
Cooling
YES
Units
25
Bathrooms
45
Total area
28,572 SF
Lot
0.55 ac (23,992 SF)
Zoning code
LAR3
APN
2359-024-030
UPID
US09-6258070
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.
Building & site characteristics
From public records
Year built
1961
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
25
Bathrooms
45
Lot
0.55 ac
Current owner
From public records · entity-resolved
5050 Woodman Ave LLC
Entity
Mailing address
18 BRONCO LN, BELL CANYON, CA 91307-1118
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2026
—
5050 Woodman Ave LLC
Skilbeck Family Trust
Grant Deed
—
Dec 26, 2025
—
Skilbeck Family Trust
William M Skilbeck
Deed
related
—
Sep 1, 2017
—
William M Skillbeck
—
Deed
related
$2,515,000 · Jpmorgan Chase Bank NA
Aug 29, 2012
$4,430,000
William M Skilbeck
Woodman Park Apartments
Grant Deed
$2,800,000 · Jpmorgan Chase Bank NA
Apr 23, 1999
—
Woodman Pk Apts
Woodman Pk Apts,
Quit Claim Deed
related
—
Apr 5, 1993
$5,000
Woodman Park Apartments
Justima Realty N
Quit Claim Deed
related
—
—
—
Woodman Park Apts
—
Deed Of Trust
related
$400,000 · American Savings Bank
—
—
Woodman Park Apartments
—
Deed Of Trust
related
$1,100,000 · Washington Mutual Fsb
—
—
Woodman Park Apartments
—
Deed Of Trust
related
$1,500,000 · Washington Mutual Fsb
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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