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Property profile & analytics
OFF-MARKET
Estimated value
$27,330,000
Office buildings
10150 Jefferson Blvd, Culver City, CA 90232-3510
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0326831
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1966
Construction
TILT-UP CONCRETE
Total area
42,368 SF
Lot
1.87 ac (81,531 SF)
Zoning code
CCM1*
APN
4296-001-002
UPID
US10-0326831
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
$16.51M
Comparable Approach
Comparable
$30.46M
Blend (final)
Blend
$27.33M
Owner & transaction history
First Republic Bank · 4 yrs held
First Republic Bank
since 2022
Last sale
$26.0M
4 recorded transactions
Zoning & alternative use
CCM1* · Culver City, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$34.9M
+63.9%
Industrial (general)
$27.2M
+28.0%
Auto repair, garage
$23.0M
+8.3%
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 Culver City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Culver City 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
$26,865,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$17,880,000
6.5%
$16,505,000
7%
$15,325,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$21,265,000
Current use
RESTAURANT
$34,850,000
Change: +64% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$27,220,000
Change: +28% · Conversion: Difficult
AUTO REPAIR, GARAGE
$23,030,000
Change: +8% · Conversion: Difficult
MEDICAL BUILDING
$19,300,000
Change: -9% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$17,945,000
Change: -16% · Conversion: Difficult
RETAIL STORES
$17,395,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$27.33M
Range $24.60M – $30.06M · ±10% · vs last sale $26.00M (Feb 18 2021)
Last sale anchor
$26.00M
Feb 18 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
$645 / 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
$320,940
Tax year 2024
Assessed value
$27,591,408
Assessed 2024
Previous assessed
$27,591,408
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$23,346,576
Assessed improvement
$4,244,832
Applied tax rate
12.0000
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
1966
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
42,368 SF
Lot
1.87 ac (81,531 SF)
Zoning code
CCM1*
APN
4296-001-002
UPID
US10-0326831
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CCM1* · Culver City, CA
Zoning CCM1* · permitted uses
CCM1* · Culver City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Culver City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$21.3M
RESTAURANT
Est. value
$34.9M
INDUSTRIAL (GENERAL)
Est. value
$27.2M
AUTO REPAIR, GARAGE
Est. value
$23.0M
MEDICAL BUILDING
Est. value
$19.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$17.9M
RETAIL STORES
Est. value
$17.4M
OFFICE BUILDING Current
RESTAURANT
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1966
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.87 ac
Current owner
From public records · entity-resolved
First Republic Bank
Entity
Mailing address
4060 INCE BLVD, CULVER CITY, CA 90232-2602
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2022
—
First Republic Bank
Hcp 10150 Jefferson LLC
Assignment Of Lease (leasehold Sale)
$8,000,000 · First Republic Bank
Feb 18, 2021
$26,000,000
Hcp 10150 Jefferson LLC
Jefferson Industrial Building LLC
Grant Deed
—
Mar 26, 2007
—
Jefferson Indl Building LLC
Jefferson Indl Building Ltd
Quit Claim Deed
—
—
—
Jefferson Industrial Bldg Ltd
—
Deed Of Trust
related
$300,000 · H E Erickson Ira
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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