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Property profile & analytics
FOR LEASE
Auto shops
5557 Reseda Blvd Tarzana, CA 91356-2675
Individually Owned
Absentee Owner
Free & Clear
Property ID
US09-9510383
For Lease
1 / 18
$2,000/Mo
5557 Reseda Blvd, Tarzana, CA 91356-2675
View Listing →
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1973
Construction
TILT-UP CONCRETE
Total area
6,970 SF
Lot
0.67 ac (29,121 SF)
Zoning code
LAP
APN
2160-004-026
UPID
US09-9510383
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
-
Joe's Shoe Repair (Bike/Boat/Book/etc) Store
-
MR MB Motors Auto Repair Shop
-
Formauto-LA Car Dealership
-
Kev's Auto Tops & Upholstery Auto Repair Shop
-
AIG Leasing LLC Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$885k
Owner & transaction history
Ohanness Minas Seropian & Abla Ohan
Ohanness Minas Seropian & Abla Ohan
since 2025
6 recorded transactions
Zoning & alternative use
LAP · Tarzana, 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 Tarzana submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tarzana 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
$127 / 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
$25,735
Tax year 2024
Assessed value
$1,995,544
Assessed 2024
Previous assessed
$1,995,544
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$1,423,483
Assessed improvement
$572,061
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
For Lease
Year built
1973
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
6,970 SF
Lot
0.67 ac (29,121 SF)
Zoning code
LAP
APN
2160-004-026
UPID
US09-9510383
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAP · Tarzana, CA
Zoning LAP · permitted uses
LAP · Tarzana, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tarzana. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
0.67 ac
Current owner
From public records · entity-resolved
Ohanness Minas Seropian & Abla Ohan
Individual
Free & Clear · 0 yrs held
Mailing address
4892 SWINTON AVE, ENCINO, CA 91436-1318
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2025
—
Ohanness Minas Seropian & Abla Ohan
Ohanness Minas Seropian & Abla Ohan
Deed
related
—
Feb 22, 2024
—
Abla A Seropian
Abla A Seropian
Intrafamily Transfer
related
—
Sep 19, 2014
—
Abla O Seropian
Seropian,ohannes M
Affidavit Of Death
—
Sep 23, 1997
—
Seropian Ohanness M
Seropian,o & A
Quit Claim Deed
related
—
Jun 6, 1996
—
Ohannes Seropian
Vly Inv,
Grant Deed
related
—
—
—
Gindy
—
Deed Of Trust
related
$23,025 · Gindy Robert L&j
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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