Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,885,000
Office buildings
9400 Topanga Cyn Blvd Chatsworth, CA 91311-5757
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9349918
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Construction
TILT-UP CONCRETE
Total area
26,360 SF
Lot
1.38 ac (60,126 SF)
Zoning code
LAMR
APN
2746-013-038
UPID
US09-9349918
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
$2.92M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.17M
Blend (final)
Blend
$2.89M
Owner & transaction history
Jeffrey David Wernecke · 4 yrs held
Jeffrey David Wernecke
since 2021
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
LAMR · 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
$2,940,000
ML approach
$2,915,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.89M
Range $2.60M – $3.17M · ±10% · vs last sale $2.85M (Dec 28 2021)
Last sale anchor
$2.85M
Dec 28 2021
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
$109 / 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
$56,966
Tax year 2024
Assessed value
$4,389,063
Assessed 2024
Previous assessed
$4,389,063
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$2,403,649
Assessed improvement
$1,985,414
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
1987
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
26,360 SF
Lot
1.38 ac (60,126 SF)
Zoning code
LAMR
APN
2746-013-038
UPID
US09-9349918
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAMR · Chatsworth, CA
Zoning LAMR · permitted uses
LAMR · 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.
Building & site characteristics
From public records
Year built
1987
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.38 ac
Current owner
From public records · entity-resolved
Jeffrey David Wernecke
Individual
Free & Clear · 4 yrs held
Mailing address
16633 VENTURA BLVD #11, ENCINO, CA 91436-1801
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2021
—
Jeffrey David Wernecke
Caryn Bookman Wernecke
Intrafamily Transfer
related
—
Apr 22, 2014
$3,652,000
Bookman,lawrence E & T Trust
Pres-occidental Center LLC
Grant Deed
—
Apr 22, 2014
—
Caryn B Wernecke
Wernecke,jeffrey
Quit Claim Deed
related
—
Aug 8, 2011
$2,846,000
Foundation Coml Props LLC
Pres-occidential Center LLC
Grant Deed
$1,423,000 · Wells Fargo Bank
May 19, 2011
$3,850,000
Topanga One Investments
Pres-occidental Center LLC
Grant Deed
$2,800,000 · Gpk Group INC
Feb 8, 2011
—
Perelman Ronald B Family Trust
Perelman Family Trust
Quit Claim Deed
related
—
Feb 7, 2011
—
Pres-occidental Center LLC
—
Deed Of Trust
related
$9,500,000 · Northern Trust Co
Jul 30, 2010
$574,500
Perelman Family Trust
Pres-occidental Center LLC
Grant Deed
—
May 2, 2005
—
Pres Occidental Center LLC
Holualoa Occidental Office LLC
Grant Deed
$10,880,000 · Merrill Lynch Mortgage Lending INC
—
—
Foundation Coml Props LLC
—
Deed Of Trust
related
$1,423,000 · Wells Fargo 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.
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 9400 Topanga Cyn Blvd?
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.
