FOR_SALERisky Deal7 days on market

19378 Lemmer Dr

19378 Lemmer Dr, Tarzana, CA 91356, Tarzana, CA 91356
$11,985,000

Listing Price

Property image 1
19378 Lemmer Dr, Tarzana, CA 91356
Loc: Tarzana, CA
Days Listed
7
Tax Assessed
$3061k
Lot Size
2.19 acres
Rent Estimate
$7,945/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

8

Wilbur Charter For Enriched Academics

K-5
1.6 mi away
9

Gaspar De Portola Middle School

6-8
1.8 mi away
9

Taft Charter High

9-12
2 mi away
Local Investment Market Context

Tarzana (Los Angeles County)

Typical Cap Rate: 4.8% - 6.2% · Avg Rent: $4,200 - $7,800 · Median: $1,425,000

View Tarzana Report

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
0.41%
Total ROI
-8.3%
Cash Flow
$-56,553/mo
DSCR
0.07
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-07-09Price change$11,985,000$828
2026-05-19Price change$13,985,000$966
2026-03-20Listed for sale$14,998,000$1,036
2021-05-07Sold$2,800,000$193
2014-01-03Listed for sale$2,495,000$172
2013-08-06Listing removed$2,495,000$172
2013-07-10Listed for sale$2,495,000$172
2013-05-22Listing removed$2,495,000$172
2013-04-24Listed for sale$2,495,000$172
2012-04-14Listing removed$2,750,000$190
2011-10-30Listed for sale$2,750,000$190

Tax History

YearProperty TaxTax Assessment
2026$0$3,060,509
2025$37,489.2$3,000,500
2024$36,935.19$2,941,667
2023$36,234.7$2,883,988
2022$34,572.22$2,827,440
2021$22,799.65$1,809,255
2020$23,015.7$1,790,704
2019$23,015.7$1,755,593
2018$21,831.92$1,721,170
2017$21,831.92$1,687,423
2016$21,374.52$1,654,338
2015$20,785.44$1,629,490
2014$20,592.67$1,597,571
2012$0$1,559,169
2011$0$1,528,598
2010$0$1,517,175
2009$0$1,520,780
2008$0$1,490,961
2007$0$1,461,728
2006$0$1,433,068
2005$0$1,433,068
2004$0$1,377,423
2003$0$1,352,178
2002$0$1,325,665
2000$0$1,274,189
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
6
Baths
7
Sq Ft
14,479
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $11,985,000Rent Basis: Observed Comp Model ($7,945/mo)State Tax Benchmark: 0.75% (CA)Hazard Reserve: $5,993/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
-0.18%

NOI: $-21,458/yr

Cash-on-Cash Yield
-27.9%

On $2,756,550 invested

DSCR Ratio
-0.03x

Negative debt coverage

5-Yr Leveraged ROI
+-45.1%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.75% of basis)-$1,913/mo
Homeowner / Hazard Insurance-$5,993/mo
Vacancy Reserve (5% of rent)-$397/mo
Repairs & Maintenance (10% of rent)-$795/mo
Property Management (8% of rent)-$636/mo
Total Pure Operating Expenses-$9,733/mo
Net Investor Cash Flow
Gross Scheduled Rent+$7,945/mo
Less: Operating Expenses-$9,733/mo
Net Operating Income (NOI)+$-1,788/mo
Less: Debt Service (30yr @ 6.75%)-$62,188/mo
Net Cash Flow
$-63,976/mo
$-767,709/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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