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Property profile & analytics
OFF-MARKET
Estimated value
$2,170,000
Manufacturing properties
9200 Independence Ave Chatsworth, CA 91311
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6323550
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Construction
TILT-UP CONCRETE
Total area
12,624 SF
Lot
0.41 ac (17,983 SF)
Zoning code
LAMR2
APN
2746-009-011
UPID
US09-6323550
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
$2.09M
CAP Approach
CAP
$2.27M
Comparable Approach
Comparable
$1.98M
Blend (final)
Blend
$2.17M
Owner & transaction history
Mono Engineering LLC · 3 yrs held
Mono Engineering LLC
since 2023
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
LAMR2 · Chatsworth, 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 Chatsworth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chatsworth 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
$2,095,000
ML approach
$2,085,000
CAP Approach
CAP Return
Estimation
6%
$2,460,000
6.5%
$2,270,000
7%
$2,110,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,900,000
Current use
Blend value · Realmo final
$2.17M
Range $1.95M – $2.39M · ±10% · vs last sale $2.29M (Jun 7 2023)
Last sale anchor
$2.29M
Jun 7 2023
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
$172 / 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
$17,987
Tax year 2024
Assessed value
$1,359,106
Assessed 2024
Previous assessed
$1,359,106
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$679,553
Assessed improvement
$679,553
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Units
1
Total area
12,624 SF
Lot
0.41 ac (17,983 SF)
Zoning code
LAMR2
APN
2746-009-011
UPID
US09-6323550
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAMR2 · Chatsworth, CA
Zoning LAMR2 · permitted uses
LAMR2 · Chatsworth, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chatsworth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.9M
INDUSTRIAL (GENERAL) 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
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Units
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
Mono Engineering LLC
Entity
Mailing address
20977 KNAPP ST, CHATSWORTH, CA 91311-5926
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2023
—
Mono Engineering LLC
Sianak Moini
Intrafamily Transfer
related
—
Mar 2, 2017
—
Siamak Moini
—
Deed
related
$970,398 · Bank Of America
Jan 31, 2011
—
Siamak Moini
Moini,siamak
Quit Claim Deed
related
—
Nov 29, 2000
$2,290,000
Siamak Moini
Newmark,harold E
Grant Deed
$1,111,625 · Bank Of America
Sep 11, 2000
—
Harold E Newmark
Newmark,s A
Quit Claim Deed
related
—
Aug 25, 1995
—
Donald G Newmark
Newmark,g J
Quit Claim Deed
related
—
—
—
Siamak Moini
—
Deed Of Trust
related
$916,000 · California Statewide Certified
—
—
Siamak Moini
—
Deed Of Trust
related
$970,398 · Bank Of America
—
—
Siamak Moini
—
Deed Of Trust
related
$1,350,000 · Bank Of America
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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