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Property profile & analytics
OFF-MARKET
Estimated value
$935,000
Apartment buildings
5353 Canoga Ave 2 Woodland Hills, CA 91364-2005
Individually Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8621407
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1962
Construction
WOOD
Total area
4,880 SF
Lot
0.2 ac (8,589 SF)
Zoning code
LAR2
APN
2168-001-030
UPID
US09-8621407
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
$1.21M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$935k
Owner & transaction history
Dan Adivi · 11 yrs held
Dan Adivi
since 2015
7 recorded transactions
Zoning & alternative use
LAR2 · Woodland Hills, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.4M
+17.4%
Warehouse, storage
$1.4M
+16.5%
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 Woodland Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodland Hills 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%
$1,310,000
6.5%
$1,210,000
7%
$1,120,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,230,000
Current use
COMMERCIAL (GENERAL)
$1,445,000
Change: +17% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,435,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$935k
Range $842k – $1.03M · ±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
$192 / 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
$22,894
Tax year 2024
Assessed value
$1,796,875
Assessed 2024
Previous assessed
$1,796,875
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$718,749
Assessed improvement
$1,078,126
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
1962
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Units
9
Bathrooms
9
Total area
4,880 SF
Lot
0.2 ac (8,589 SF)
Zoning code
LAR2
APN
2168-001-030
UPID
US09-8621407
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR2 · Woodland Hills, CA
Zoning LAR2 · permitted uses
LAR2 · Woodland Hills, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woodland Hills. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1962
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
9
Bathrooms
9
Lot
0.2 ac
Current owner
From public records · entity-resolved
Dan Adivi
Individual
Mailing address
1064 S SHENANDOAH ST APT #306, LOS ANGELES, CA 90035-2185
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2021
—
Dan Adivi
—
Deed
related
$1,045,000 · American First Cu
Nov 3, 2016
—
Dan Adivi
—
Deed
related
$115,000 · Julie Freeman
May 28, 2015
$240,000
Dan Adivi
Kawada Kazumi
Grant Deed
$300,000 · Ratner J & G Living Trust (lt)
Apr 10, 2015
—
Dan Adivi
Adivi Carla J
Quit Claim Deed
related
—
Apr 10, 2015
$1,525,000
Dan|kawada Kazumi Adivi
Freeman Family Rentals LLC
Grant Deed
$650,000 · Sgfc LLC
May 24, 2013
—
Freeman Family Rentals LLC
Freeman R A 2006 Trust
Quit Claim Deed
related
—
Apr 16, 2013
$1,185,000
Freeman Robert A 2006 Trust
Sperber,steven C & Linda
Grant Deed
—
Oct 5, 2005
$1,350,000
Steven C Sperber
Carnig A Sarkissian
Grant Deed
$850,000 · Luther Burbank Savings
Aug 3, 2001
—
Sarkissian,carnig A&shake V Tr
Sarkissian,c&s
Quit Claim Deed
related
—
Jul 2, 1990
$625,000
Sarkissian Carni
Security Trust C
Trustees Deed
$425,000 · Wells Fargo Bank
—
—
Carnig Sarkissian
—
Deed Of Trust
related
$405,000 · Home Savings Of America
—
—
Sarkissian Trust
—
Deed Of Trust
related
$375,000 · Washington Mutual Fsb
—
—
Dan Adivi
—
Deed Of Trust
related
$115,000 · Julie Freeman
—
—
Carnig Sarkissian
—
Deed Of Trust
related
$64,000 · Us Small Business Admn
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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