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Property profile & analytics
OFF-MARKET
Estimated value
$6,445,000
Apartment buildings
7342 Haskell Ave Van Nuys, CA 91406-6723
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-8290871
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1986
Construction
WOOD
Total area
24,349 SF
Lot
0.39 ac (16,831 SF)
Zoning code
LAR3
APN
2206-029-022
UPID
US09-8290871
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
by Request
CAP Approach
CAP
$6.03M
Comparable Approach
Comparable
$6.72M
Blend (final)
Blend
$6.45M
Owner & transaction history
Ram Cheshvan LLC
Ram Cheshvan LLC
since 2025
Last sale
$6.5M
7 recorded transactions
Zoning & alternative use
LAR3 · Van Nuys, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$10.5M
+132.2%
Office building
$8.9M
+96.7%
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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,530,000
6.5%
$6,030,000
7%
$5,595,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$4,515,000
Current use
COMMERCIAL (GENERAL)
$10,485,000
Change: +132% · Conversion: Moderate
OFFICE BUILDING
$8,885,000
Change: +97% · Conversion: Moderate
Blend value · Realmo final
$6.45M
Range $5.80M – $7.09M · ±10% · vs last sale $6.51M (Dec 30 2025)
Last sale anchor
$6.51M
Dec 30 2025
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
$265 / 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
$86,275
Tax year 2024
Assessed value
$6,944,670
Assessed 2024
Previous assessed
$6,944,670
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$2,731,050
Assessed improvement
$4,213,620
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1986
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Units
21
Bathrooms
36
Total area
24,349 SF
Lot
0.39 ac (16,831 SF)
Zoning code
LAR3
APN
2206-029-022
UPID
US09-8290871
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR3 · Van Nuys, CA
Zoning LAR3 · permitted uses
LAR3 · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$4.5M
COMMERCIAL (GENERAL)
Est. value
$10.5M
OFFICE BUILDING
Est. value
$8.9M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
OFFICE 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
1986
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
21
Bathrooms
36
Lot
0.39 ac
Current owner
From public records · entity-resolved
Ram Cheshvan LLC
Entity
Mailing address
11086 OSO AVE, CHATSWORTH, CA 91311-1715
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2025
$6,512,500
Ram Cheshvan LLC
Marte LLC
Grant Deed
$3,100,000 · Marte LLC
Mar 20, 2025
—
Marte LLC
—
Deed
related
$3,250,000 · Us Bank NA
Sep 16, 2021
$2,815,000
Marte LLC
Lake Balboa Midrise Apartments LLC
Grant Deed
—
Nov 19, 2019
—
Lake Balboa Midrise Apartments LLC
—
Deed
related
$3,860,000 · Jpmorgan Chase Bank NA
May 2, 2017
—
Castle Heights Midrise Apartme
—
Grant Deed
related
$14,800,000 · Wells Fargo Bk
Mar 30, 2017
$4,300,000
Lake Balboa Midrise Apartments LLC
Eschrich Enterprises INC
Grant Deed
—
Dec 30, 1993
$950,000
Eschrich Enterprises INC
Lestate LP #3
Grant Deed
$665,000 · Seller
Aug 27, 1993
—
Lestat Engineering INC
Sovreign Venture
Grant Deed
related
—
Aug 6, 1992
$1,179,766
Cal Continental Group
Sosin,daniel D
Trustees Deed
related
—
Jul 28, 1989
$340,000
Topanga Manor Ap
Timcor Finl
Trustees Deed
related
$259,000 · Rechnitz Const 3
Jul 28, 1989
$574,000
Timcor Finl
Rechn
Trustees Deed
related
—
Nov 28, 1988
—
Cahn Tr
Cahn
Quit Claim Deed
related
—
—
—
Rechnitz Constru
—
Deed Of Trust
related
$90,000 · Advanced Funding
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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