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Property profile & analytics
OFF-MARKET
Estimated value
$8,405,000
Warehouses
7815 Van Nuys Blvd Panorama City, CA 91402-6007
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9343497
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1960
Total area
33,821 SF
Lot
3.2 ac (139,400 SF)
Zoning code
LAM1
APN
2210-023-018
UPID
US09-9343497
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
$8.34M
CAP Approach
CAP
$6.77M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.41M
Owner & transaction history
Rexford Industrial 7815 Van Nuys Ll · 4 yrs held
Rexford Industrial 7815 Van Nuys Ll
since 2022
Last sale
$8.3M
4 recorded transactions
Zoning & alternative use
LAM1 · Panorama City, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$12.3M
+24.2%
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 Panorama City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Panorama City 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
$8,620,000
ML approach
$8,335,000
CAP Approach
CAP Return
Estimation
6%
$7,335,000
6.5%
$6,770,000
7%
$6,285,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$9,935,000
Current use
OFFICE BUILDING
$12,340,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$8.41M
Range $7.56M – $9.25M · ±10% · vs last sale $8.34M (Apr 19 2022)
Last sale anchor
$8.34M
Apr 19 2022
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
$249 / 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
$112,779
Tax year 2024
Assessed value
$8,671,734
Assessed 2024
Previous assessed
$8,671,734
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$5,202,000
Assessed improvement
$3,469,734
Applied tax rate
8.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1960
Heating
NONE
Buildings
3
Stories
1
Units
1
Total area
33,821 SF
Lot
3.2 ac (139,400 SF)
Zoning code
LAM1
APN
2210-023-018
UPID
US09-9343497
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAM1 · Panorama City, CA
Zoning LAM1 · permitted uses
LAM1 · Panorama City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Panorama City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$9.9M
OFFICE BUILDING
Est. value
$12.3M
WAREHOUSE, STORAGE Current
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
1960
Heating
NONE
Stories
1
Buildings
3
Units
1
Lot
3.2 ac
Current owner
From public records · entity-resolved
Rexford Industrial 7815 Van Nuys Ll
Individual
Mailing address
11620 WILSHIRE BLVD10THFL, LOS ANGELES, CA 90025-1706
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Apr 19, 2022
$16,665,000
Rexford Industrial 7815 Van Nuys Ll
Patricia Corporation
Grant Deed
—
Apr 19, 2022
$8,335,000
Rexford Industrial 7815 Van Nuys Ll
5m Arminta LLC
Grant Deed
—
Aug 1, 2018
—
Patricia Corp
—
Deed
related
$3,000,000 · Logix FCU
Aug 14, 2017
—
Patricia Corporation
—
Deed
related
$750,000 · San Diego Private 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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