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Property profile & analytics
OFF-MARKET
Estimated value
$3,240,000
Banks
6740 Fallbrook Ave West Hills, CA 91307-3935
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-9364391
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1974
Total area
5,124 SF
Lot
0.97 ac (42,150 SF)
Zoning code
LACR
APN
2038-020-066
UPID
US09-9364391
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
$3.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.51M
Blend (final)
Blend
$3.24M
Owner & transaction history
Jitesh K Patel & Vijayanialini Pamp
Jitesh K Patel & Vijayanialini Pamp
since 2026
Last sale
$3.3M
7 recorded transactions
Zoning & alternative use
LACR · West Hills, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.3M
+16.3%
Neighborhood: shopping center
$3.1M
+8.7%
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 West Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Hills 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
$3,215,000
ML approach
$3,190,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$2,870,000
Current use
RESTAURANT
$3,335,000
Change: +16% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,120,000
Change: +9% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,370,000
Change: -17% · Conversion: Difficult
MEDICAL BUILDING
$2,330,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$3.24M
Range $2.92M – $3.56M · ±10% · vs last sale $3.28M (Sep 1 2021)
Last sale anchor
$3.28M
Sep 1 2021
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
$632 / 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
$43,208
Tax year 2024
Assessed value
$3,412,512
Assessed 2024
Previous assessed
$3,412,512
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$2,476,152
Assessed improvement
$936,360
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1974
Heating
NONE
Cooling
YES
Stories
1
Total area
5,124 SF
Lot
0.97 ac (42,150 SF)
Zoning code
LACR
APN
2038-020-066
UPID
US09-9364391
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LACR · West Hills, CA
Zoning LACR · permitted uses
LACR · West Hills, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Hills. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$2.9M
RESTAURANT
Est. value
$3.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$2.4M
MEDICAL BUILDING
Est. value
$2.3M
FINANCIAL BUILDING Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL 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
1974
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.97 ac
Current owner
From public records · entity-resolved
Jitesh K Patel & Vijayanialini Pamp
Individual
Mailing address
1220 MAPLE AVE STE #911, LOS ANGELES, CA 90015-2637
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2026
—
Fallbrook Mark LLC
—
Deed
related
$1,300,000 · Open Bank
Jan 23, 2026
—
Jitesh K Patel & Vijayanialini Pamp
Kumar Patel Jitesh
Deed
related
—
Apr 25, 2025
—
Fallbrook Mark LLC
—
Deed
related
$900,000 · Lone Oak Fund LLC
Nov 7, 2023
—
Fallbrook Mark LLC
—
Deed
related
$515,000 · Lone Oak Fund LLC
Sep 1, 2021
$3,280,000
Fallbrook Mark LLC
Richard Ziebell
Grant Deed
—
Dec 29, 1994
$625,000
Ziebell Trust
Hawthorne Savings & Loan
Grant Deed
$445,000 · Hawthorne Savings & Loan
—
—
Ziebell,richard T & S L Trust
—
Deed Of Trust
related
$770,000 · Premier America FCU
—
—
Ziebell Richard T & S L Trust
—
Deed Of Trust
related
$823,000 · Premier America FCU
—
—
Zoebell,tr
—
Deed Of Trust
related
$750,000 · Telesis Community Cu
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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