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Property profile & analytics
FOR SALE
Retail properties & Spaces
7243 Woodley Ave Van Nuys, CA 91406
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7788093
For Sale
1 / 3
$2,500,000
7243 Woodley Ave, Van Nuys, CA 91406
View Listing →
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1985
Construction
TILT-UP CONCRETE
Total area
4,000 SF
Lot
0.17 ac (7,196 SF)
Zoning code
LAC2
APN
2205-027-028
UPID
US09-7788093
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
-
Rich Group Collision Center Auto Repair Shop
-
The 55autospa Car Wash
-
LAC Flooring General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.77M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.95M
Blend (final)
Blend
$1.83M
Owner & transaction history
Apco Industrial LLC · 3 yrs held
Apco Industrial LLC
since 2023
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
LAC2 · Van Nuys, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.9M
+123.5%
Neighborhood: shopping center
$2.4M
+87.7%
Retail stores
$2.1M
+64.2%
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
$1,760,000
ML approach
$1,770,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING)
$1,295,000
Current use
AUTO REPAIR, GARAGE
$2,900,000
Change: +123% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,435,000
Change: +88% · Conversion: Difficult
RETAIL STORES
$2,130,000
Change: +64% · Conversion: Difficult
MEDICAL BUILDING
$1,820,000
Change: +40% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,725,000
Change: +33% · Conversion: Difficult
OFFICE BUILDING
$1,460,000
Change: +13% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,175,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$1.83M
Range $1.65M – $2.01M · ±10% · vs last sale $1.84M (Jun 2 2023)
Last sale anchor
$1.84M
Jun 2 2023
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
$458 / 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
$23,066
Tax year 2024
Assessed value
$1,871,700
Assessed 2024
Previous assessed
$1,871,700
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,224,000
Assessed improvement
$647,700
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 properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
For Sale
Year built
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
4,000 SF
Lot
0.17 ac (7,196 SF)
Zoning code
LAC2
APN
2205-027-028
UPID
US09-7788093
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.
Alternative use value scenarios
Repositioning upside vs current use
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$2.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.4M
RETAIL STORES
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$1.2M
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Apco Industrial LLC
Entity
Mailing address
1222 E CEDAR ST, RAWLINS, WY 82301-6011
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Jun 2, 2023
$1,835,000
Apco Industrial LLC
Alabama Ave LLC
Grant Deed
$1,572,500 · Enterprise Bank & Trust
Feb 4, 2022
$1,675,000
Alabama Ave LLC
7243 Woodley Ave LLC
Grant Deed
$1,579,500 · Fountainhead Sbf LLC
Feb 16, 2010
$835,000
7243 Woodley Ave LLC
Hirsch Custom Cabinets INC
Grant Deed
$417,500 · Us Bank NA
Feb 24, 2005
—
Hirsch Custom Cabinets INC
Hirsch,robert R
Quit Claim Deed
related
—
Oct 1, 2004
$625,000
Robert R Hirsch
Livingston Family Trust
Grant Deed
$312,500 · Bank Of America
Oct 1, 2004
—
Robert R Hirsch
Rabow,victoria
Grant Deed
related
—
Nov 12, 2002
—
Livingston James B&roxann E Co
Livingston,j B & R E
Quit Claim Deed
related
—
—
—
James B Livingston
—
Deed Of Trust
related
$150,000 · Bank Of America
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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