Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,120,000
Apartment buildings
5722 Kester Ave 3 Van Nuys, CA 91411-3319
Entity Owned
Absentee Owner
Free & Clear
Property ID
US09-6388620
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1955
Construction
WOOD
Total area
4,014 SF
Lot
0.17 ac (7,545 SF)
Zoning code
LARD1.5
APN
2244-013-014
UPID
US09-6388620
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
$995k
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$1.12M
Owner & transaction history
Acklam LLC
Acklam LLC
since 2026
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
LARD1.5 · Van Nuys, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.8M
+92.6%
Commercial (general)
$1.7M
+82.5%
Office building
$1.5M
+54.6%
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 Van Nuys submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Van Nuys 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%
$1,075,000
6.5%
$995,000
7%
$925,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$945,000
Current use
MEDICAL BUILDING
$1,825,000
Change: +93% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,730,000
Change: +82% · Conversion: Moderate
OFFICE BUILDING
$1,465,000
Change: +55% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,180,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$1.12M
Range $1.01M – $1.23M · ±10% · vs last sale $1.21M (Feb 24 2026)
Last sale anchor
$1.21M
Feb 24 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
$279 / 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
$12,320
Tax year 2024
Assessed value
$948,555
Assessed 2024
Previous assessed
$948,555
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$616,563
Assessed improvement
$331,992
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
1955
Construction
WOOD
Heating
NONE
Cooling
YES
Units
5
Bathrooms
5
Total area
4,014 SF
Lot
0.17 ac (7,545 SF)
Zoning code
LARD1.5
APN
2244-013-014
UPID
US09-6388620
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LARD1.5 · Van Nuys, CA
Zoning LARD1.5 · permitted uses
LARD1.5 · Van Nuys, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Van Nuys. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$945,000
MEDICAL BUILDING
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$1.2M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1955
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
5
Bathrooms
5
Lot
0.17 ac
Current owner
From public records · entity-resolved
Acklam LLC
Entity
Free & Clear · 0 yrs held
Mailing address
23777 MULHOLLAND HWY SPC #165, CALABASAS, CA 91302-2761
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2026
$1,207,000
Acklam LLC
5722 Kester Ave LLC
Grant Deed
—
Jul 27, 2016
—
5722 Kester Ave LLC
—
Deed
related
$525,000 · California Bk&tr
Jun 30, 2006
—
5722 Kester Ave LLC
Thompson,tom L & Maryjane M
Grant Deed
—
Aug 17, 2005
—
Bixby Josephine Trust
Schmidt,betty E
Quit Claim Deed
related
—
Aug 16, 2005
$708,000
Tom Lee Thompson
The Josephine Bixby Revocable Trust
Grant Deed
$330,000 · Banco Popular North America
Aug 16, 2005
—
Bixby Josephine Trust
Schmidt,betty E
Quit Claim Deed
related
—
Apr 14, 1995
—
Bixby,josephine Trustee
Bixby,j
Quit Claim Deed
related
—
—
—
5722 Kester Ave LLC
—
Deed Of Trust
related
$525,000 · California Bk&tr
—
—
Bixy Trust
—
Deed Of Trust
related
$305,000 · Betty E Schmidt
—
—
Josephine D Bixby
—
Deed Of Trust
related
$45,300 · Us Small Business Admn
—
—
Josephine D Bixby
—
Deed Of Trust
related
$140,000 · First Federal Bank Ca
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?”
You own 5722 Kester Ave, Unit 3?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
