Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$12,660,000
Apartment buildings
7354 Woodman Ave Van Nuys, CA 91405-2798
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9926849
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2018
Construction
WOOD
Total area
80,455 SF
Lot
1.17 ac (50,972 SF)
Zoning code
LAR3
APN
2328-002-094
UPID
US09-9926849
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
-
The Summit on Woodman Apartment Building
-
Salonchristoff Barber Shop
-
Smart Vend Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.66M
Owner & transaction history
Temple City Summit Homes LLC · 9 yrs held
Temple City Summit Homes LLC
since 2016
7 recorded transactions
Zoning & alternative use
LAR3 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$17,415,000
Current use
Blend value · Realmo final
$12.66M
Range $11.39M – $13.93M · ±10%
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
$157 / 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
$420,513
Tax year 2024
Assessed value
$34,134,188
Assessed 2024
Previous assessed
$34,134,188
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$7,282,106
Assessed improvement
$26,852,082
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
2018
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Units
86
Bathrooms
99
Total area
80,455 SF
Lot
1.17 ac (50,972 SF)
Zoning code
LAR3
APN
2328-002-094
UPID
US09-9926849
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
$17.4M
APARTMENT HOUSE (5+ UNITS) Current
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
2018
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
86
Bathrooms
99
Lot
1.17 ac
Current owner
From public records · entity-resolved
Temple City Summit Homes LLC
Entity
Mailing address
1705 OAK GRV AVE, SAN MARINO, CA 91108-1112
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2025
—
Temple City Summit Homes LLC
—
Deed
related
$250,000 · Housecnc LLC
Sep 16, 2021
—
Temple City Summit Homes LLC
—
Deed
related
$26,144,000 · Orix Real Estate Capital LLC
Mar 30, 2021
—
Temple City Summit Homes LLC
—
Deed
related
$18,000,000 · Qualfax INC
Jan 10, 2020
—
Temple City Summit Homes LLC
—
Deed
related
$2,000,000 · Partners Cap Solutions Equity
Aug 30, 2019
—
Temple City Summit Homes LLC
—
Grant Deed
related
$18,000,000 · Lone Oak Fund
Sep 18, 2017
—
Temple City Summit Homes LLC
—
Grant Deed
related
$15,880,000 · Royal Busn Bk
Nov 8, 2016
$6,400,000
Temple City Summit Homes LLC
7354 Woodman Apartments LLC
Grant Deed
—
Oct 30, 2015
$5,310,500
7354 Woodman Apartments LLC
Evenhaim S & D Trust
Trustees Deed
$3,186,000 · Lone Oak Fund
Mar 12, 2014
—
Evenhaim,s & D Living Trust
Funding Investment Corp
Grant Deed
related
—
Feb 6, 2009
$1,500,000
Evenhaim,s & D Living Trust
Alliance Bk
Grant Deed
—
Feb 2, 2009
$1,663,795
Alliance Bk
Stewart Default Services
Trustees Deed
related
—
Feb 29, 2008
—
Ms Woodman Partners
—
Trustees Deed
related
$200,000 · Bruce Tolchin
Mar 17, 2006
—
Ms Woodman Partners
Leadwell Apartments LLC
Grant Deed
$1,925,000 · Lone Oak Mtg Fund
Dec 22, 2005
—
Silverberg Family Trust
Leadwell Apartments LLC
Grant Deed
related
—
—
—
Ms Woodman Partners
—
Deed Of Trust
related
—
—
—
Ms Woodman Partners
—
Deed Of Trust
related
—
—
—
Ms Woodman Partners
—
Deed Of Trust
related
—
—
—
Ms Woodman Partners
—
Deed Of Trust
related
$5,088,000 · Alliance Bk
—
—
Temple City Summit Homes LLC
—
Deed Of Trust
related
$2,000,000 · Partners Cap Solutions Equity
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7354 Woodman Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
