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Property profile & analytics
OFF-MARKET
Estimated value
$2,030,000
Manufacturing properties
7569 Woodman Pl Van Nuys, CA 91405-1545
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-7876250
Property summary
AI-generated overview
This 7,192 square foot (buyer to verify) industrial warehouse in Los Angeles, CA, sits on a 19,510 square foot lot. Built in 1962, this Class C building features one story, ample parking, and convenient truck loading access. The property boasts high ceilings, multiple ground-level doors, 3-phase electrical power, and dedicated office space with multiple bathrooms. Zoned LAMR2, it's located in a State Enterprise Zone and Opportunity Zone (buyer to verify benefits). The property offers excellent ingress/egress and is conveniently situated near the 170/405/101 and I-5 freeways. The asking price is $2,700,000 ($375.42/sq ft, based on seller's measurement of 7,192 sq ft
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1962
Total area
10,353 SF
Lot
0.45 ac (19,510 SF)
Zoning code
LAMR2
APN
2215-003-008
UPID
US09-7876250
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
-
KR Studio Rental (Bike/Boat/Book/etc) Store Rental Equipment Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.86M
Comparable Approach
Comparable
$1.56M
Blend (final)
Blend
$2.03M
Owner & transaction history
Mkla Property LLC
Mkla Property LLC
since 2025
Last sale
$2.4M
4 recorded transactions
Zoning & alternative use
LAMR2 · 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%
$2,015,000
6.5%
$1,860,000
7%
$1,730,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,290,000
Current use
Blend value · Realmo final
$2.03M
Range $1.83M – $2.23M · ±10% · vs last sale $2.35M (May 14 2025)
Last sale anchor
$2.35M
May 14 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
$196 / 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
$13,852
Tax year 2024
Assessed value
$1,021,545
Assessed 2024
Previous assessed
$1,021,545
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$751,138
Assessed improvement
$270,407
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1962
Heating
NONE
Buildings
4
Stories
1
Total area
10,353 SF
Lot
0.45 ac (19,510 SF)
Zoning code
LAMR2
APN
2215-003-008
UPID
US09-7876250
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAMR2 · Van Nuys, CA
Zoning LAMR2 · permitted uses
LAMR2 · 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
INDUSTRIAL (GENERAL) Current
Est. value
$2.3M
INDUSTRIAL (GENERAL) 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
1962
Heating
NONE
Stories
1
Buildings
4
Lot
0.45 ac
Current owner
From public records · entity-resolved
Mkla Property LLC
Entity
Mailing address
5223 PENFIELD AVE, WOODLAND HILLS, CA 91364-3553
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2025
—
Mkla Property LLC
—
Deed
related
$984,000 · Business Finance Capital
Aug 14, 2025
$2,350,000
Mkla Property LLC
Jerry K Sandager JR
Grant Deed
$2,158,000 · Security National Life Insurance Co
Mar 3, 2014
$850,000
Jerry K Sandager JR.
Schenkel Trust
Grant Deed
$489,215 · Interimlender.com
Oct 17, 1989
—
Leonard Schenkel
Schenkel Leonard
Quit Claim Deed
related
$270,000 · California First Bank
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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