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Property profile & analytics
OFF-MARKET
Estimated value
$13,120,000
Community centers
7400 Van Nuys Blvd Van Nuys, CA 91405-1966
Trust Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6824095
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1988
Construction
TILT-UP CONCRETE
Total area
49,672 SF
Lot
1.36 ac (59,319 SF)
Zoning code
LAC2
APN
2215-026-048
UPID
US09-6824095
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
-
Star World Home Health Care Home Health Care Service
-
O K Chinese Restaurant Restaurant
-
Mercury Spa Alternative Medicine Practice Spa & Massage Center
-
Plaza One Shopping Center & Mall
-
Quick Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$18.12M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.12M
Owner & transaction history
Ngor Trust · 21 yrs held
Ngor Trust
since 2005
7 recorded transactions
Zoning & alternative use
LAC2 · 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%
$19,625,000
6.5%
$18,115,000
7%
$16,820,000
Blend value · Realmo final
$13.12M
Range $11.81M – $14.43M · ±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
$264 / 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
$162,372
Tax year 2024
Assessed value
$12,963,437
Assessed 2024
Previous assessed
$12,963,437
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$4,599,926
Assessed improvement
$8,363,511
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1988
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
49,672 SF
Lot
1.36 ac (59,319 SF)
Zoning code
LAC2
APN
2215-026-048
UPID
US09-6824095
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Van Nuys, CAZoning 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
Building & site characteristics
From public records
Year built
1988
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.36 ac
Current owner
From public records · entity-resolved
Ngor Trust
Trust
Mailing address
3542 CAMINO HERMANOS, QUARTZ HILL, CA 93536-2820
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2024
—
Emrith Water Ngor
—
Deed
related
$4,100,000 · Evertrust Bank
May 9, 2019
—
The Ngor Revocable Living Trust
—
Deed
related
$4,540,000 · Evertrust Bank
Apr 5, 2005
—
Ngor Trust
Batee Investment INC
Grant Deed
$6,300,000 · United Commercial Bank
Dec 13, 2004
—
Ngor Family Trust
Ngor,emrith W
Quit Claim Deed
related
—
Nov 30, 2004
—
Batee Investment INC
Ngor,emrith W
Grant Deed
related
—
May 14, 2004
$9,300,000
Emrith W Ngor
L & E Investments INC
Grant Deed
$6,510,000 · Cathay Bank
Feb 24, 2004
—
Richard Le
Le,ngoc M
Quit Claim Deed
related
$307,500 · First Pacific Financial
Dec 1, 2003
$7,900,000
L&e Investments INC
Golbari,shaham R
Grant Deed
$5,135,000 · Pacific Union Bank
Nov 14, 2003
—
Atlantic Investment LLC
Golbari,shahram R
Grant Deed
$305,000 · Carmel Consultant INC
May 1, 2002
—
Shahram R Golbari
Chai,mi S
Grant Deed
$4,200,000 · Nara Bank
Jul 31, 2001
$1,354,500
Mi S Chai
Kim,kyong S & Myong K
Grant Deed
related
$200,000 · Kyong S & Myong K Kim
May 2, 1997
$424,090
Kyong S Kim
Kim,kyong S & Myong K
Grant Deed
related
—
Sep 6, 1996
—
Arman Gabaee
Gabaee,e
Quit Claim Deed
related
—
—
—
L & E Investment LLC
—
Deed Of Trust
related
$450,000 · Carmel Consultants INC
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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