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Property profile & analytics
OFF-MARKET
Estimated value
$2,775,000
Apartment buildings
5358 Cir Dr, Sherman Oaks, CA 91401-5633
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-8242533
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1980
Construction
WOOD
Total area
10,136 SF
Lot
0.2 ac (8,779 SF)
Zoning code
LARD1.5
APN
2248-014-058
UPID
US09-8242533
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
$2.51M
Comparable Approach
Comparable
$3.00M
Blend (final)
Blend
$2.78M
Owner & transaction history
Vita On Circle LLC
Vita On Circle LLC
since 2026
Last sale
$2.8M
5 recorded transactions
Zoning & alternative use
LARD1.5 · Sherman Oaks, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$4.6M
+98.7%
Commercial (general)
$4.4M
+88.2%
Office building
$3.7M
+59.4%
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%
$2,720,000
6.5%
$2,510,000
7%
$2,330,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,320,000
Current use
MEDICAL BUILDING
$4,610,000
Change: +99% · Conversion: Moderate
COMMERCIAL (GENERAL)
$4,365,000
Change: +88% · Conversion: Moderate
OFFICE BUILDING
$3,700,000
Change: +59% · Conversion: Moderate
Blend value · Realmo final
$2.78M
Range $2.50M – $3.05M · ±10% · vs last sale $2.80M (Jan 21 2026)
Last sale anchor
$2.80M
Jan 21 2026
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
$274 / 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
$46,639
Tax year 2024
Assessed value
$3,754,834
Assessed 2024
Previous assessed
$3,754,834
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$1,706,743
Assessed improvement
$2,048,091
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
1980
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Units
12
Bathrooms
14
Total area
10,136 SF
Lot
0.2 ac (8,779 SF)
Zoning code
LARD1.5
APN
2248-014-058
UPID
US09-8242533
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LARD1.5 · Sherman Oaks, CA
Zoning LARD1.5 · permitted uses
LARD1.5 · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$4.6M
COMMERCIAL (GENERAL)
Est. value
$4.4M
OFFICE BUILDING
Est. value
$3.7M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1980
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
12
Bathrooms
14
Lot
0.2 ac
Current owner
From public records · entity-resolved
Vita On Circle LLC
Entity
Mailing address
108 HILTON ST, MADERA, CA 93637-4252
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2026
$2,800,000
Vita On Circle LLC
Mad Property Investments LLC
Grant Deed
$2,100,000 · Tony G Azzi Living Trust
Sep 1, 2022
—
Mad Property Investments LLC
Myron Roberts
Grant Deed
$500,000 · Jpmorgan Chase Bank NA
Dec 11, 2018
—
Robert2018 Separate Prop L Trust
Roberts,myron
Quit Claim Deed
related
—
Jun 22, 2017
—
Myron Roberts
Rubenstein Raymond Trust
Quit Claim Deed
related
—
Jul 27, 1995
—
Rubenstein,raymond Trustee
Rubenstein,r
Quit Claim Deed
related
—
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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