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Property profile & analytics
OFF-MARKET
Estimated value
$5,420,000
Apartment buildings
7934 Woodman Ave Panorama City, CA 91402-6201
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6797829
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1970
Construction
WOOD
Total area
42,402 SF
Lot
1.34 ac (58,434 SF)
Zoning code
LAR3
APN
2214-026-176
UPID
US09-6797829
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.42M
Owner & transaction history
Alpha LP · 12 yrs held
Alpha LP
since 2014
7 recorded transactions
Zoning & alternative use
LAR3 · Panorama City, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$7,635,000
Current use
Blend value · Realmo final
$5.42M
Range $4.88M – $5.96M · ±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
$128 / 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
$99,220
Tax year 2024
Assessed value
$7,597,807
Assessed 2024
Previous assessed
$7,597,807
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$4,507,177
Assessed improvement
$3,090,630
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1970
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Units
70
Bathrooms
70
Total area
42,402 SF
Lot
1.34 ac (58,434 SF)
Zoning code
LAR3
APN
2214-026-176
UPID
US09-6797829
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR3 · Panorama City, CA
Zoning LAR3 · permitted uses
LAR3 · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$7.6M
APARTMENT HOUSE (5+ UNITS) 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
1970
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
70
Bathrooms
70
Lot
1.34 ac
Current owner
From public records · entity-resolved
Alpha LP
Entity
Mailing address
11833 POEMA PL, CHATSWORTH, CA 91311-1285
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
22 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 14, 2025
—
Alpha LP
—
Deed
related
$7,935,000 · Jpmorgan Chase Bank NA
Jun 10, 2020
—
Alpha LP
—
Deed
related
$7,329,000 · Homestreet Bank
Mar 27, 2014
—
Alpha LP
Plpha LP
Quit Claim Deed
related
$6,135,000 · Opus Bank
Oct 3, 2012
—
Alpha LP
Woodman LP
Grant Deed
—
Sep 21, 2007
$2,390,000
Woodman
Linda Associates LLC
Grant Deed
$3,511,000 · Linda Associates LLC
Sep 11, 2003
—
Linda Associates LLC
Linda Associates LLC
Quit Claim Deed
related
—
Feb 24, 2003
$1,648,182
Linda Associates
Dangelo,joseph A & Daniela H
Grant Deed
—
Oct 24, 2001
$3,685,000
Joseph A Dangelo
7934 Woodman Ave Commun Trust
Grant Deed
$2,763,750 · Affinity Bank
Sep 10, 1999
$310,000
Erik Berlinski
7934 Woodman Partners
Grant Deed
—
Mar 13, 1990
$230,500
Lukas Fredric&jo
Rikal Ents
Trustees Deed
—
Mar 13, 1990
$3,369,500
Lukas Fredric&jo
Dusab
Trustees Deed
$2,750,000 · Home Savings Of America
Feb 16, 1990
$14,000
Rikal Ents
Dusablon&chase I
Trustees Deed
—
Sep 30, 1988
—
Auer
Web
Quit Claim Deed
related
—
Sep 30, 1988
$1,260,000
Dusablon
Lank
Trustees Deed
—
Sep 30, 1988
$1,620,000
Dusablon
Cornel Equity Ex
Trustees Deed
$2,350,000 · Glendale Federal Bank
—
—
Linda Associates
—
Deed Of Trust
related
$4,081,000 · Cedars Bank
—
—
Joseph Dangelo
—
Deed Of Trust
related
$100,000 · Nahid Adibi
—
—
Joseph Dangelo
—
Deed Of Trust
related
$105,000 · Fariba Tavakkoli
—
—
D Angelo Joseph
—
Deed Of Trust
related
$330,000 · Fariba Tavakkoli
—
—
Woodman LP
—
Deed Of Trust
related
$5,643,700 · Opus Bank
—
—
Dusablon
—
Deed Of Trust
related
$136,712 · Opell Michael
—
—
Erik Berlinski
—
Deed Of Trust
related
$1,350,000 · G D Capital Partners Corp
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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