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Property profile & analytics
OFF-MARKET
Estimated value
$5,375,000
Auto shops
5319 Van Nuys Blvd Sherman Oaks, CA 91401
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9510227
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1947
Construction
TILT-UP CONCRETE
Total area
9,880 SF
Lot
0.4 ac (17,481 SF)
Zoning code
LAC2
APN
2249-005-001
UPID
US09-9510227
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
$5.51M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.70M
Blend (final)
Blend
$5.38M
Owner & transaction history
Lithia Real Estate INC · 5 yrs held
Lithia Real Estate INC
since 2020
Last sale
$5.2M
7 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
$5,700,000
ML approach
$5,510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$6,845,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$6,015,000
Change: -12% · Conversion: Difficult
RESTAURANT
$5,530,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$5.38M
Range $4.84M – $5.91M · ±10% · vs last sale $5.15M (Nov 3 2020)
Last sale anchor
$5.15M
Nov 3 2020
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
$544 / 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
$33,317
Tax year 2024
Assessed value
$2,653,019
Assessed 2024
Previous assessed
$2,653,019
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$1,963,234
Assessed improvement
$689,785
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1947
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
9,880 SF
Lot
0.4 ac (17,481 SF)
Zoning code
LAC2
APN
2249-005-001
UPID
US09-9510227
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
AUTO REPAIR, GARAGE Current
Est. value
$6.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.0M
RESTAURANT
Est. value
$5.5M
AUTO REPAIR, GARAGE Current
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
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
1947
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
Lithia Real Estate INC
Entity
Free & Clear · 5 yrs held
Mailing address
150 N BARTLETT ST, MEDFORD, OR 97501-6032
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 2025
—
Lithia Real Estate INC
—
Deed
related
$73,000,000 · Mercedes Benz Financial Services USA LLC
Nov 3, 2020
$5,150,000
Lithia Real Estate INC
Keyes Howard A Trust
Grant Deed
—
Aug 3, 2016
—
Keyes,howard A Trust
—
Deed
related
$2,114,197 · Comerica Bk
Jun 30, 2011
$3,580,035
Howard A Keyes
Miller Automotive Properties
Grant Deed
$2,720,000 · Comerica Bank
Jul 14, 2004
—
Miller Automotive Properties
—
Deed Of Trust
related
$23,770,000 · City National Bank
Mar 8, 1996
$303,000
Miller Automotive Properties
Miller Trust
Grant Deed
related
—
Apr 4, 1990
—
Miller Tr
Miller Frederic
Quit Claim Deed
related
—
Apr 4, 1990
$236,000
Miller Frederic
Miller Tr
Trustees Deed
related
$236,000 · Miller Mark E
—
—
Miller Automotive Properties
—
Deed Of Trust
related
—
—
—
Frederic Miller
—
Deed Of Trust
related
$1,750,000 · Tokai Cu
—
—
Keyes,howard A Trust
—
Loan Modification
related
$2,114,197 · Comerica Bk
—
—
Miller Automotive Properties
—
Deed Of Trust
related
$1,654,956 · Key Bank NA
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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