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Property profile & analytics
OFF-MARKET
Turn key restaurants
6828 Kester Ave Van Nuys, CA 91405
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6335939
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1962
Construction
WOOD
Total area
1,167 SF
Lot
0.16 ac (6,777 SF)
Zoning code
LAC1.5
APN
2219-019-001
UPID
US09-6335939
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
-
A Class Recycling Recycling Center Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Sargis Simonyan · 1 yrs held
Sargis Simonyan
since 2025
7 recorded transactions
Zoning & alternative use
LAC1.5 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$12,456
Tax year 2024
Assessed value
$1,006,150
Assessed 2024
Previous assessed
$1,006,150
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$765,550
Assessed improvement
$240,600
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1962
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
1,167 SF
Lot
0.16 ac (6,777 SF)
Zoning code
LAC1.5
APN
2219-019-001
UPID
US09-6335939
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC1.5 · Van Nuys, CA
Zoning LAC1.5 · permitted uses
LAC1.5 · 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.
Building & site characteristics
From public records
Year built
1962
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Sargis Simonyan
Individual
Free & Clear · 1 yrs held
Mailing address
1217 RAYMOND AVE, GLENDALE, CA 91201-1437
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2025
—
Sargis Simonyan
Shoghik Minasyan
Deed
related
—
Jan 24, 2019
$920,000
Sargis Simonyan
Raymond Tsarukyan
Grant Deed
$935,000 · California International Bank NA
Jan 4, 2017
$800,000
Raymond Tsarukyan
Karapet Gayanyan
Grant Deed
$680,000 · Seacoast Commerce Bank
Feb 19, 2015
$682,500
Karapet Gayanyan
Hovannes Antekelian
Grant Deed
$477,750 · First Citizens Bank & Trust Co
Apr 24, 2007
$755,000
Hovannes Antekelian
A & A Auto Performance INC
Grant Deed
—
Aug 1, 2005
$450,000
A & A Auto Performance INC
Yim,boknam C
Grant Deed
$400,000 · Telesis Community Cu
Oct 5, 2004
$310,000
Boknam C Yim
Alta Dena 528
Grant Deed
$200,000 · Saehan Bank
Dec 18, 1991
$250,000
Alta Dena 528
Baek,chulhum
Grant Deed
$370,000 · Hanmi Bank
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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