Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6455 Reseda Blvd Reseda, CA 91335-6118

    • Apartment buildings
    • 40,400 SF
    • 1.09 lot acres
    OFF-MARKET
    Last Sale
    Dec 28, 2021
    $9,200,000
    Value Estimations
    $8,870,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-8382070
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Reseda On The Park / Apartment Building
    • Galactic Renaissance / Loan Service / Bank
    • Nu-Vision Painting, Inc. / Painting Service / General Contractor

    Property Details for 6455 Reseda Blvd

    Year built
    1969
    Construction
    WOOD
    Lot size
    1.09 lot acres
    Property size
    40,400 SF
    Zone code
    LAR3
    Property type
    Apartment buildings
    APN
    2127-011-023
    APU
    2127011023

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $8,385,000
      ML approach
      $8,685,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $11,221,000
      Market price range: $7.40M - $11.2M

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $9,035,000
      Current use
      RETAIL STORES
      $13,130,000
      Change: +45% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $12,100,000
      Change: +34% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Reseda
    County
    Los Angeles
    State
    California
    Longitude
    -118.537
    Latitude
    34.1882
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $166,433
    $5,326,848
    $8,012,148
    $13,338,996
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,360,000
      87,792 SF

      18014 Sherman Way

      APARTMENT HOUSE (5+ UNITS) • 87,792 SF
      18014 Sherman Way, Reseda, CA 91335-4643
      View Details
    • Value Estimation
      $570,000
      26,994 SF

      18504 Erwin St

      APARTMENT HOUSE (5+ UNITS) • 26,994 SF
      18504 Erwin St, Tarzana, CA 91335-6858
      View Details
    • Value Estimation
      $760,000
      36,058 SF

      18303 Kittridge St

      APARTMENT HOUSE (5+ UNITS) • 36,058 SF
      18303 Kittridge St, Reseda, CA 91335-6137
      View Details
    • Value Estimation
      $2,470,000
      74,930 SF

      6425 Reseda Blvd

      APARTMENT HOUSE (5+ UNITS) • 74,930 SF
      6425 Reseda Blvd, Reseda, CA 91335-6112
      View Details
    • Value Estimation
      $590,000
      28,118 SF

      7901 Reseda Blvd

      APARTMENT HOUSE (5+ UNITS) • 28,118 SF
      7901 Reseda Blvd, Reseda, CA 91335-1900
      View Details
    • Value Estimation
      $870,000
      24,138 SF

      7850 Reseda Blvd

      APARTMENT HOUSE (5+ UNITS) • 24,138 SF
      7850 Reseda Blvd, Reseda, CA 91335-1966
      View Details

    Similar Nearby for Sale

    • $3,495,000
      42,011 SF

      RTI Affordable Housing Development Opportunity

      Ready-to-Issue 91-unit affordable housing development in Reseda, CA.
      6834 Baird Ave, Reseda, CA 91335
      View Details
    • $3,640,000
      16,282 SF

      Reseda Garden-Style Apartment Building

      18-unit apartment building in Reseda neighborhood of San Fernando Valley.
      6640 Darby Ave, Reseda, CA 91335
      View Details
    • $1,950,000

      Multifamily Property with New ADUs

      Income property featuring new ADUs and rebuilt main house.
      6219 Sylvia Ave, Tarzana, CA 91335
      View Details
    • $1,795,000
      6,784 SF

      Reseda Multifamily Investment Opportunity

      Nine-unit multifamily property in Reseda, offering a diverse unit mix.
      7454 Canby Ave, Reseda, CA 91335
      View Details
    • $4,985,000
      18,089 SF

      Reseda Multifamily Investment Opportunity

      23-unit apartment building in Reseda, CA, built in 1962.
      6652 Darby Ave, Reseda, CA 91335
      View Details
    • $875,000
      2,264 SF

      Reseda Triplex: Income Opportunity

      Well-maintained Reseda triplex with strong rental income and long-term stability.
      7262 Amigo Ave, Reseda, CA 91335
      View Details

    Similar Nearby for Lease

    • $19 SF/Yr
      5,814 SF

      Prime Reseda Office Suites

      Executive & Coworking Spaces Available
      18341 Sherman Way, Los Angeles, CA 91335
      View Details
    • $2 SF/Yr
      195,165 SF

      Retail Space with High Visibility

      Retail property with great visibility, signage, and access to transportation.
      6625 Reseda Blvd, Reseda, CA 91335
      View Details
    • Contact for pricing
      91,421 SF

      Sun Valley Industrial Campus Space

      Industrial campus featuring two freestanding buildings with flexible space.
      11240-11260 Sherman Way, Sun Valley, CA 91335
      View Details
    • Contact for pricing
      7,200 SF

      Woodland Hills Office Space Available

      Office space for rent in Woodland Hills, California.
      20900-20920 Victory Blvd, Woodland Hills, CA 91335
      View Details
    • $25 SF/Yr
      2,700 SF

      Sherman Way Retail Space Available

      High-visibility Reseda retail/office space.
      18516 Sherman Way, Los Angeles, CA 91335
      View Details
    • $23 SF/Yr
      7,000 SF

      Sherman Way Retail Space Available

      Prime Los Angeles retail space, 3,000-4,000 sq ft.
      18567-18573 Sherman Way, Los Angeles, CA 91335
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6455 Reseda Blvd
    Reseda, CA 91335-6118
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!