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Property profile & analytics
OFF-MARKET
Estimated value
$3,065,000
Parking lots & garages
Van Nuys, CA 91411
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9467848
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1960
Construction
WOOD
Total area
8,246 SF
Lot
0.19 ac (8,251 SF)
Zoning code
LACR
APN
2236-016-019
UPID
US09-9467848
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
by Request
Comparable Approach
Comparable
$2.53M
Blend (final)
Blend
$3.07M
Owner & transaction history
G Properties Van Nuys LLC · 1 yrs held
G Properties Van Nuys LLC
since 2025
Last sale
$3.3M
5 recorded transactions
Zoning & alternative use
LACR · Van Nuys, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$5.0M
+28.3%
Restaurant
$4.6M
+18.0%
Retail stores
$4.4M
+12.2%
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 Van Nuys submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Van Nuys 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
PARKING LOT
$3,910,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$5,020,000
Change: +28% · Conversion: Difficult
RESTAURANT
$4,615,000
Change: +18% · Conversion: Difficult
RETAIL STORES
$4,390,000
Change: +12% · Conversion: Difficult
MEDICAL BUILDING
$3,750,000
Change: -4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,550,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$3.07M
Range $2.76M – $3.37M · ±10% · vs last sale $3.33M (Nov 18 2024)
Last sale anchor
$3.33M
Nov 18 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
$372 / 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
$4,597
Tax year 2024
Assessed value
$353,061
Assessed 2024
Previous assessed
$353,061
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$346,742
Assessed improvement
$6,319
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1960
Construction
WOOD
Heating
NONE
Total area
8,246 SF
Lot
0.19 ac (8,251 SF)
Zoning code
LACR
APN
2236-016-019
UPID
US09-9467848
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LACR · Van Nuys, CA
Zoning LACR · permitted uses
LACR · Van Nuys, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Van Nuys. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
PARKING LOT Current
Est. value
$3.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.0M
RESTAURANT
Est. value
$4.6M
RETAIL STORES
Est. value
$4.4M
MEDICAL BUILDING
Est. value
$3.8M
COMMERCIAL (GENERAL)
Est. value
$3.6M
PARKING LOT Current
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
RETAIL STORES
MEDICAL BUILDING
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
1960
Construction
WOOD
Heating
NONE
Lot
0.19 ac
Current owner
From public records · entity-resolved
G Properties Van Nuys LLC
Entity
Mailing address
3415 S SEPULVEDA BLVD STE #400, LOS ANGELES, CA 90034-6094
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2025
$3,332,000
G Properties Van Nuys LLC
Vanmore LLC
Grant Deed
$2,000,000 · Vanmore LLC
Jun 1, 2017
—
Vanmore LLC
—
Grant Deed
related
$2,000,000 · First Republic Bk
Jun 11, 2010
$1,800,000
Vanmore LLC
Trioaks LLC
Grant Deed
$1,500,000 · SR Cap INC
Jan 23, 2007
$3,150,000
Trioaks LLC
Owner Name Unavailable
Grant Deed
$2,205,000 · United Commercial Bank
Nov 20, 2002
—
Van Nuys/gilmore Properties Ll
Woythaler,tr
Grant Deed
related
—
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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