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Property profile & analytics
OFF-MARKET
Estimated value
$1,325,000
Manufacturing properties
7855 Burnet Ave Van Nuys, CA 91405-1010
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6186570
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1952
Construction
TILT-UP CONCRETE
Total area
11,640 SF
Lot
0.6 ac (25,995 SF)
Zoning code
LAM1
APN
2209-032-046
UPID
US09-6186570
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
-
Broadway Air-Conditioning Heating and Sheet Metal Production Facility Metal Fabrication Plant
-
Petros Tile Interior Improvement General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.33M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.33M
Owner & transaction history
Alexander V Merzel · 2 yrs held
Alexander V Merzel
since 2024
Last sale
$1.3M
6 recorded transactions
Zoning & alternative use
LAM1 · 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
$1,325,000
ML approach
$1,325,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.33M
Range $1.19M – $1.46M · ±10% · vs last sale $1.33M (Jun 7 2024)
Last sale anchor
$1.33M
Jun 7 2024
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
$114 / 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
$21,938
Tax year 2024
Assessed value
$1,664,266
Assessed 2024
Previous assessed
$1,664,266
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$1,029,963
Assessed improvement
$634,303
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
1952
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Units
1
Total area
11,640 SF
Lot
0.6 ac (25,995 SF)
Zoning code
LAM1
APN
2209-032-046
UPID
US09-6186570
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAM1 · Van Nuys, CAZoning LAM1 · permitted uses
LAM1 · 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
1952
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Units
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
Alexander V Merzel
Individual
Free & Clear · 2 yrs held
Mailing address
11534 DONA EVITA DR, STUDIO CITY, CA 91604-4255
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2024
—
Alexander V Merzel
Alexander V Merzel
Intrafamily Transfer
related
—
Jun 15, 2020
—
Alexander V Merzel
—
Deed
related
$401,000 · Bank Of America
Sep 29, 2010
$1,325,000
Alexander V Merzel
Leupold Gary Living Trust
Grant Deed
$861,250 · First Private Bank & Trust
Jul 2, 2008
—
Leupold Gary Living Trust
Leupold,gary
Quit Claim Deed
related
—
—
—
Alexander V Merzel
—
Deed Of Trust
related
$401,000 · Bank Of America
—
—
Gary Leupold
—
Deed Of Trust
related
$9,555 · Individual
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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