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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Retail space
6231 Van Nuys Blvd Van Nuys, CA 91401
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-7040722
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1954
Construction
WOOD
Total area
5,474 SF
Lot
0.18 ac (7,753 SF)
Zoning code
LAC2
APN
2241-013-001
UPID
US09-7040722
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
by Request
Comparable Approach
Comparable
$688k
Blend (final)
Blend
$945k
Owner & transaction history
6231 Van Nuys Property LLC
6231 Van Nuys Property LLC
since 2025
Last sale
$887,500
7 recorded transactions
Zoning & alternative use
LAC2 · Van Nuys, 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 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±10% · vs last sale $888k (Jul 15 2025)
Last sale anchor
$888k
Jul 15 2025
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
$173 / 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
$20,771
Tax year 2024
Assessed value
$1,648,000
Assessed 2024
Previous assessed
$1,648,000
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$1,154,000
Assessed improvement
$494,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1954
Construction
WOOD
Heating
NONE
Stories
1
Units
4
Total area
5,474 SF
Lot
0.18 ac (7,753 SF)
Zoning code
LAC2
APN
2241-013-001
UPID
US09-7040722
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Van Nuys, CA
Zoning LAC2 · permitted uses
LAC2 · 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.
Building & site characteristics
From public records
Year built
1954
Construction
WOOD
Heating
NONE
Stories
1
Units
4
Lot
0.18 ac
Current owner
From public records · entity-resolved
6231 Van Nuys Property LLC
Entity
Mailing address
14729 HARTLAND ST, VALLEY GLEN, CA 91405-3851
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2025
$887,500
6231 Van Nuys Property LLC
Victoria Eliason
Grant Deed
$730,000 · Calprivate Bank
Oct 15, 2025
—
6231 Van Nuys Property LLC
—
Deed
related
$751,000 · The Mortgage Capital Development Corp
Jun 28, 2024
—
Michael A Wolner
Michael Wolner
Intrafamily Transfer
related
—
Dec 29, 2023
—
Suzanne Thomas
Michael Wolner
Intrafamily Transfer
related
—
Dec 28, 2023
—
Michael Wolner
Suzanne Thomas
Intrafamily Transfer
related
$400,000 · Velocity Commercial Capital LLC
Aug 3, 2022
—
Suzanne Thomas
Michael Woluer
Grant Deed
$188,000 · Mazal LLC
Apr 19, 2018
—
Suzanne Thomas
—
Deed
related
$36,000 · Rose L Marendes
Mar 29, 2018
—
Suzanne Thomas
—
Deed
related
$50,000 · Don F King Md INC Psp/tr (ct)
Oct 16, 2017
—
Suzanne Thomas
Wolner Juanita Living Trust
Quit Claim Deed
related
—
Apr 17, 2000
—
Wolner,juanita Trustee
Wolner,j
Quit Claim Deed
related
—
Apr 14, 2000
—
Juanita Wolner
Wolner J Trustee,
Quit Claim Deed
related
—
Sep 3, 1998
—
Wolner,juanita Trustee
Wolner,j
Quit Claim Deed
related
—
Jan 31, 1990
—
—
Wolner Preston A
Quit Claim Deed
related
—
—
—
Juanita Wolner
—
Deed Of Trust
related
$50,000 · Individual
—
—
Suzanne Thomas
—
Deed Of Trust
related
$50,000 · Don F King Md INC Psp/tr (ct)
—
—
Suzanne Thomas
—
Deed Of Trust
related
$36,000 · Rose L Marendes
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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