Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,635,000
Apartment buildings
8380 Northgate Ave Canoga Park, CA 91304-3451
Entity Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8621453
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1970
Construction
WOOD
Total area
20,174 SF
Lot
0.48 ac (20,838 SF)
Zoning code
LAR3
APN
2779-043-010
UPID
US09-8621453
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
$5.00M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.64M
Owner & transaction history
Woodbury Acquisitions LLC · 9 yrs held
Woodbury Acquisitions LLC
since 2017
7 recorded transactions
Zoning & alternative use
LAR3 · Canoga Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.0M
+3.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,410,000
6.5%
$4,995,000
7%
$4,635,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$5,770,000
Current use
COMMERCIAL (GENERAL)
$5,975,000
Change: +4% · Conversion: Moderate
Blend value · Realmo final
$3.64M
Range $3.27M – $4.00M · ±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
$180 / 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
$62,818
Tax year 2024
Assessed value
$4,989,377
Assessed 2024
Previous assessed
$4,989,377
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$2,753,545
Assessed improvement
$2,235,832
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
25
Bathrooms
35
Total area
20,174 SF
Lot
0.48 ac (20,838 SF)
Zoning code
LAR3
APN
2779-043-010
UPID
US09-8621453
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR3 · Canoga Park, CA
Zoning LAR3 · permitted uses
LAR3 · 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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$5.8M
COMMERCIAL (GENERAL)
Est. value
$6.0M
APARTMENT HOUSE (5+ UNITS) Current
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
1970
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
25
Bathrooms
35
Lot
0.48 ac
Current owner
From public records · entity-resolved
Woodbury Acquisitions LLC
Entity
Free & Clear · 9 yrs held
Mailing address
1 CENTERPOINTE DR STE #400, LA PALMA, CA 90623-2530
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 26, 2017
$1,865,000
Woodbury Acquisitions LLC
Xenon Investment Corp
Grant Deed
—
Jun 26, 2017
—
Xenon Investment Corp
—
Deed
related
$2,550,000 · Luther Burbank Svgs
Oct 12, 2016
$4,125,000
Xenon Investment Corp
9507 Isis Street LLC
Grant Deed
$2,550,000 · Luther Burbank Savings
Sep 30, 2014
—
Yury Chedrnega
Chernega,alina
Quit Claim Deed
related
—
Sep 30, 2014
$3,442,500
Wise Guys Realty
Ya Properties LLC
Grant Deed
$2,425,000 · Jpmorgan Chase Bank NA
May 23, 2014
$3,000,000
Ya Properties LLC
William B Kaplan
Grant Deed
$1,965,000 · California United Bank
Nov 2, 2000
—
William B Kaplan
Kaplan W B Trustee,
Quit Claim Deed
related
—
—
—
Xenon Investment Corp
—
Loan Modification
related
$2,550,000 · Luther Burbank Svgs
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8380 Northgate Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
