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Property profile & analytics
OFF-MARKET
Estimated value
$11,425,000
Warehouses
7891 Deering Ave Canoga Park, CA 91304-5006
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6818362
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2023
Construction
TILT-UP CONCRETE
Total area
181,683 SF
Lot
2.81 ac (122,547 SF)
Zoning code
LAM2
APN
2109-001-008
UPID
US09-6818362
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
$10.54M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.91M
Blend (final)
Blend
$11.43M
Owner & transaction history
Pr III C360 Canoga Park Owner LLC · 5 yrs held
Pr III C360 Canoga Park Owner LLC
since 2021
Last sale
$11.8M
7 recorded transactions
Zoning & alternative use
LAM2 · Canoga Park, 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 Canoga Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Canoga Park 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
$11,565,000
ML approach
$10,535,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$11.43M
Range $10.28M – $12.57M · ±10% · vs last sale $11.80M (Jun 30 2021)
Last sale anchor
$11.80M
Jun 30 2021
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
$63 / 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
$202,220
Tax year 2024
Assessed value
$15,352,754
Assessed 2024
Previous assessed
$15,352,754
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$12,522,254
Assessed improvement
$2,830,500
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2023
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
181,683 SF
Lot
2.81 ac (122,547 SF)
Zoning code
LAM2
APN
2109-001-008
UPID
US09-6818362
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAM2 · Canoga Park, CA
Zoning LAM2 · permitted uses
LAM2 · Canoga Park, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Canoga Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2023
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
2.81 ac
Current owner
From public records · entity-resolved
Pr III C360 Canoga Park Owner LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1600 ROSECRANS AVE4THFL, MANHATTAN BEACH, CA 90266-3708
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2021
$11,800,000
Pr III C360 Canoga Park Owner LLC
Randi M Sommers
Grant Deed
—
Jun 30, 2021
—
Eleanor Sommers
Robert Steven Sommers
Affidavit Death Of Trustee/successor Trustee
related
—
Jul 17, 2015
—
Sommers,eleanor R Trust
Sommers Eleanor
Quit Claim Deed
related
—
Aug 13, 2012
—
Sommers Family Trust
Sommers Family Trust
Quit Claim Deed
related
—
Jul 30, 2010
—
Robert S Sommers
Sommers Howard Trust
Quit Claim Deed
related
—
Mar 12, 2008
—
Robert S Sommers
Sommers,robert S & Gretchen L
Quit Claim Deed
related
—
Jun 21, 2005
—
Sommers Randi M Trust
Sommers,randi M
Quit Claim Deed
related
—
Jul 2, 1999
$1,875,000
Sommers Howard Robert
—
Grant Deed
related
—
Jun 26, 1998
—
Gp Deering LLC
Georgia-pacific Corp
Grant Deed
$2,550,000 · Hawthorne Savings Bank Fsb
Sep 26, 1967
$180,700
Robert S Sommers
Gp Deering LLC
Grant Deed
—
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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