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Property profile & analytics
OFF-MARKET
Estimated value
$7,725,000
Office buildings
6844 Sepulveda Blvd, Van Nuys, CA 91405
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9510220
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1961
Construction
TILT-UP CONCRETE
Total area
28,048 SF
Lot
1.2 ac (52,254 SF)
Zoning code
LAC1.5
APN
2220-020-018
UPID
US09-9510220
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
$7.52M
CAP Approach
CAP
$10.06M
Comparable Approach
Comparable
$9.45M
Blend (final)
Blend
$7.73M
Owner & transaction history
Valley Presbyterian Hospital · 5 yrs held
Valley Presbyterian Hospital
since 2021
Last sale
$8.0M
3 recorded transactions
Zoning & alternative use
LAC1.5 · Van Nuys, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$12.8M
+24.6%
Commercial (general)
$12.1M
+18.1%
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
$7,380,000
ML approach
$7,515,000
CAP Approach
CAP Return
Estimation
6%
$10,900,000
6.5%
$10,060,000
7%
$9,345,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$10,230,000
Current use
MEDICAL BUILDING
$12,750,000
Change: +25% · Conversion: Easy
COMMERCIAL (GENERAL)
$12,080,000
Change: +18% · Conversion: Easy
WAREHOUSE, STORAGE
$8,240,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$7.73M
Range $6.95M – $8.50M · ±10% · vs last sale $8.00M (Mar 12 2021)
Last sale anchor
$8.00M
Mar 12 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
$275 / 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
$74,110
Tax year 2024
Assessed value
$5,794,195
Assessed 2024
Previous assessed
$5,794,195
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$4,435,849
Assessed improvement
$1,358,346
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1961
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
OTHER
Stories
1
Total area
28,048 SF
Lot
1.2 ac (52,254 SF)
Zoning code
LAC1.5
APN
2220-020-018
UPID
US09-9510220
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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$10.2M
MEDICAL BUILDING
Est. value
$12.8M
COMMERCIAL (GENERAL)
Est. value
$12.1M
WAREHOUSE, STORAGE
Est. value
$8.2M
OFFICE BUILDING Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1961
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.2 ac
Current owner
From public records · entity-resolved
Valley Presbyterian Hospital
Individual
Free & Clear · 5 yrs held
Mailing address
15107 VANOWEN ST, VAN NUYS, CA 91405-4542
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2021
$80,000
Valley Presbyterian Hospital
6850 Sepulveda Associates LLC
Grant Deed
—
Mar 9, 2021
$6,000,000
6850 Sepulveda Associates LLC
Healthcare Realty Trust Incorporate
Grant Deed
—
Jun 25, 1993
$5,250,000
Healthcare Realty Trust INC
Valley Presbyter
Grant Deed
—
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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