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Property profile & analytics
FOR LEASE
Retail space
8205 Woodman Ave Panorama City, CA 91402
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6314117
For Lease
$30 SF/Yr
8205 Woodman Ave, Panorama City, CA 91402
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1985
Construction
TILT-UP CONCRETE
Total area
11,001 SF
Lot
0.48 ac (21,090 SF)
Zoning code
LAC2
APN
2213-016-022
UPID
US09-6314117
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
$3.75M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.43M
Owner & transaction history
8205 Woodman Ave LLC · 10 yrs held
8205 Woodman Ave LLC
since 2016
7 recorded transactions
Zoning & alternative use
LAC2 · 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%
$4,055,000
6.5%
$3,745,000
7%
$3,475,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$5,000,000
Change: -15% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,740,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$3.43M
Range $3.08M – $3.77M · ±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
$311 / 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
$51,523
Tax year 2024
Assessed value
$4,155,966
Assessed 2024
Previous assessed
$4,155,966
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$1,970,275
Assessed improvement
$2,185,691
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
11,001 SF
Lot
0.48 ac (21,090 SF)
Zoning code
LAC2
APN
2213-016-022
UPID
US09-6314117
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Panorama City, CA
Zoning LAC2 · permitted uses
LAC2 · 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
MEDICAL BUILDING
Est. value
$5.0M
COMMERCIAL (GENERAL)
Est. value
$4.7M
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
8205 Woodman Ave LLC
Entity
Mailing address
716 19TH ST, SANTA MONICA, CA 90402-3026
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2023
—
8205 Woodman Ave LLC
—
Deed
related
$2,525,000 · Jpmorgan Chase Bank NA
Jul 5, 2016
—
8205 Woodman Ave LLC
—
Deed
related
$3,200,000 · Jpmorgan Chase Bank NA
May 24, 2016
—
8205 Woodman Ave LLC
Sinai,yacov
Quit Claim Deed
related
—
Jul 27, 2006
—
Yacov Sinai
Sinai,sima
Quit Claim Deed
$2,260,000 · Pacific Capital Bank NA
Mar 1, 1990
$922,500
Corolla Centers INC
Unknown
Grant Deed
—
—
—
Yacov Sinai
—
Deed Of Trust
related
$2,380,000 · Citizens Business Bank
—
—
Corolla Centers INC
—
Deed Of Trust
related
$1,200,000 · Bank Leumi Le-israel
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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