Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Residential income homes
9440 Texhoma Ave Northridge, CA 91325-2333
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6690910
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1962
Construction
WOOD
Total area
2,760 SF
Lot
0.37 ac (16,278 SF)
Zoning code
LARA
APN
2766-021-011
UPID
US09-6690910
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
$330k
CAP Approach
CAP
$685k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$520k
Owner & transaction history
Texhoma Avenue Property LLC · 13 yrs held
Texhoma Avenue Property LLC
since 2013
7 recorded transactions
Zoning & alternative use
LARA · Northridge, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$855,000
+11.8%
Warehouse, storage
$810,000
+6.3%
Retail stores
$805,000
+5.5%
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 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
by Request
ML approach
$330,000
CAP Approach
CAP Return
Estimation
6%
$740,000
6.5%
$685,000
7%
$635,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$765,000
Current use
COMMERCIAL (GENERAL)
$855,000
Change: +12% · Conversion: Moderate
WAREHOUSE, STORAGE
$810,000
Change: +6% · Conversion: Difficult
RETAIL STORES
$805,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$520k
Range $468k – $572k · ±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
$188 / 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
$12,816
Tax year 2024
Assessed value
$1,001,534
Assessed 2024
Previous assessed
$1,001,534
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$577,355
Assessed improvement
$424,179
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
1962
Construction
WOOD
Heating
CENTRAL
Cooling
YES
Stories
1
Units
1
Rooms
13
Bathrooms
3
Total area
2,760 SF
Lot
0.37 ac (16,278 SF)
Zoning code
LARA
APN
2766-021-011
UPID
US09-6690910
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LARA · Northridge, CA
Zoning LARA · permitted uses
LARA · 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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$765,000
COMMERCIAL (GENERAL)
Est. value
$855,000
WAREHOUSE, STORAGE
Est. value
$810,000
RETAIL STORES
Est. value
$805,000
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
RETAIL STORES
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
1962
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Rooms
13
Bathrooms
3
Lot
0.37 ac
Current owner
From public records · entity-resolved
Texhoma Avenue Property LLC
Entity
Mailing address
18 JOURNEY200A, ALISO VIEJO, CA 92656-3317
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
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
Apr 1, 2013
$779,000
Texhoma Avenue Property LLC
Ninio,moti & Anat
Grant Deed
—
Oct 4, 2012
$540,000
Moti Ninio
Bank Of America
Grant Deed
—
Apr 13, 2012
$460,066
Bank Of America NA
Recontrust Co NA
Trustees Deed
related
—
Apr 27, 2006
—
Willie Reese
Reese,edith G
Quit Claim Deed
related
$692,000 · Bank Of America
Oct 1, 2003
—
Edith G Reese
Reese,willie H & Gail
Quit Claim Deed
related
$417,000 · Long Beach Mortgage Co
Mar 18, 2002
—
Willie H Reese
Reese,w H
Quit Claim Deed
related
—
Jul 6, 1998
—
Willie H Reese
Reese,e G
Quit Claim Deed
related
—
Feb 28, 1997
$280,000
Willie H Reese
Saylor,jeanette
Grant Deed
$224,000 · Sunbelt National Mortgage Co
Jun 30, 1992
—
Saylor,jeanette
—
Trustees Deed
related
—
—
—
Jeannette Saylor
—
Deed Of Trust
related
$129,000 · Union Security Mortgage INC
—
—
Willie H Reese
—
Deed Of Trust
related
$50,941 · Associates Home Equity Svc INC
—
—
Willie Reese
—
Deed Of Trust
related
$98,400 · Secured Funding Corp
—
—
Willie H Reese
—
Deed Of Trust
related
$100,000 · Ditech Com
—
—
Willie H Reese
—
Deed Of Trust
related
$175,000 · First Tennessee Bank National
—
—
Edith G Reese
—
Deed Of Trust
related
$558,000 · Troxler & Associates INC
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 9440 Texhoma 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.
