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Property profile & analytics
OFF-MARKET
Estimated value
$1,445,000
Data centers and call centers
7700 Balboa Blvd Van Nuys, CA 91406-2219
Entity Owned
19-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8604689
Property profile
Verified
Property type
Data centers and call centers
Use group
RADIO OR TV STATION
Year built
1968
Construction
TILT-UP CONCRETE
Total area
65,772 SF
Lot
3.04 ac (132,621 SF)
Zoning code
LAM2
APN
2205-008-029
UPID
US09-8604689
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
-
Occidental Studios Nightclub Arcade & Gaming Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$900k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.00M
Blend (final)
Blend
$1.45M
Owner & transaction history
Sl28 LLC · 19 yrs held
Sl28 LLC
since 2006
7 recorded transactions
Zoning & alternative use
LAM2 · 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
$900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.45M
Range $1.30M – $1.59M · ±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
$22 / 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
$150,846
Tax year 2024
Assessed value
$11,723,166
Assessed 2024
Previous assessed
$11,723,166
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$8,038,745
Assessed improvement
$3,684,421
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
Data centers and call centers
Use group
RADIO OR TV STATION
Status
Off-Market
Year built
1968
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
3
Stories
1
Total area
65,772 SF
Lot
3.04 ac (132,621 SF)
Zoning code
LAM2
APN
2205-008-029
UPID
US09-8604689
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAM2 · Van Nuys, CA
Zoning LAM2 · permitted uses
LAM2 · 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.
Building & site characteristics
From public records
Year built
1968
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
3
Lot
3.04 ac
Current owner
From public records · entity-resolved
Sl28 LLC
Entity
Free & Clear · 19 yrs held
Mailing address
19156 MAYALL ST, NORTHRIDGE, CA 91324-1254
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
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
Feb 28, 2020
—
Sl28 LLC
—
Deed
related
$5,800,000 · Wells Fargo Bank NA
Sep 13, 2006
—
Sl28 LLC
Cm28 LLC
Grant Deed
—
Feb 16, 2006
$8,750,000
Cm28 LLC
Mills F & F Fam Trust
Grant Deed
$6,250,000 · Mills F & F Family Trust
Jul 24, 1996
—
Weinberg Leonard D Co Tr Et Al
—
Deed Of Trust
related
—
Aug 22, 1994
—
Mills F Al
—
Deed Of Trust
related
—
Aug 7, 1989
—
Weinberg Fmly Tr
Weinb
Quit Claim Deed
related
—
Jul 21, 1989
—
Leonard Weinberg
Weinb
Quit Claim Deed
related
—
—
—
Mills Trust
—
Deed Of Trust
related
$275,300 · Us Small Business Admn
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
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