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Property profile & analytics
OFF-MARKET
Estimated value
$3,450,000
Office buildings
8345 Reseda Blvd Northridge, CA 91324-4621
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0523971
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1972
Construction
WOOD
Total area
19,694 SF
Lot
0.59 ac (25,505 SF)
Zoning code
LAC2
APN
2785-018-006
UPID
US10-0523971
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
$3.45M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.63M
Blend (final)
Blend
$3.45M
Owner & transaction history
Balbir Singh · 2 yrs held
Balbir Singh
since 2024
Last sale
$3.5M
7 recorded transactions
Zoning & alternative use
LAC2 · Northridge, 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 Northridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Northridge 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
$3,450,000
ML approach
$3,450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.45M
Range $3.11M – $3.80M · ±10% · vs last sale $3.45M (Jul 1 2024)
Last sale anchor
$3.45M
Jul 1 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
$175 / 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
$60,040
Tax year 2024
Assessed value
$4,790,245
Assessed 2024
Previous assessed
$4,790,245
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$2,258,434
Assessed improvement
$2,531,811
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1972
Construction
WOOD
Heating
NONE
Stories
1
Total area
19,694 SF
Lot
0.59 ac (25,505 SF)
Zoning code
LAC2
APN
2785-018-006
UPID
US10-0523971
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Northridge, CA
Zoning LAC2 · permitted uses
LAC2 · Northridge, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Northridge. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.59 ac
Current owner
From public records · entity-resolved
Balbir Singh
Individual
Mailing address
23303 PARK COLOMBO BLVD, CALABASAS, CA 91302-2811
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2024
$3,450,000
Balbir Singh
Reseda Roscoe Professinal Building
Grant Deed
—
Oct 12, 2018
—
Reseda Roscoe Professional Building
—
Deed
related
$1,460,000 · Banc Of California NA
Aug 10, 2017
—
Reseda-roscoe Prof Building Ll
—
Deed
related
$1,235,000 · Sglc INC
Jun 27, 2012
—
Building Ll Reseda-roscoe
Suh Family Trust
Grant Deed
$964,000 · Bank Of The West
Mar 8, 2010
—
Berrios Living Trust
Berrios,robert D & Manuela
Quit Claim Deed
related
—
Nov 30, 2009
—
Dipankar Roy
Roy,rosalinda
Quit Claim Deed
related
—
Oct 12, 2004
—
Suh Family Trust
Suh,hong S & Sarah S
Quit Claim Deed
related
—
Dec 24, 2002
—
Robert D Berrios
Berrios,robert D & Manuela
Quit Claim Deed
related
—
Sep 18, 2002
—
Robert D Berrios
Berrios,r D & M
Quit Claim Deed
related
—
Aug 23, 1995
—
Robert D Berrios
Home Savings Of America
Grant Deed
$330,000 · South Coast Thrift & Loan
Sep 26, 1994
$574,000
Home Savings Of America
Chiang,albert C & Steffie F
Trustees Deed
related
—
—
—
Reseda-roscoe Prof Building Ll
—
Deed Of Trust
related
$1,235,000 · Sglc INC
—
—
Robert D Berrios
—
Deed Of Trust
related
$600,000 · Wilshire State Bank
—
—
Albert C Chiang
—
Deed Of Trust
related
$1,144,000 · Home Savings Of America
—
—
Robert D Berrios
—
Deed Of Trust
related
$1,000,000 · Wilshire State 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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