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Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Office buildings
10215 Santa Monica Blvd Los Angeles, CA 90067-6403
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-6335248
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1946
Construction
WOOD
Total area
3,096 SF
Lot
0.11 ac (4,708 SF)
Zoning code
LAC2
APN
4327-019-012
UPID
US09-6335248
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
Current use
Occupant on record · Public records
-
Mi Abogado Law Firm
-
Juris Law Group, P.C. Law Firm
-
Power Liens Advertising Agency Marketing & Advertising
-
Chelsea Design Group Inc Architect
-
ThruLaw, P.C. Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.21M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$965k
Owner & transaction history
10215 Smb LLC
10215 Smb LLC
since 2026
7 recorded transactions
Zoning & alternative use
LAC2 · Los Angeles, 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 Los Angeles submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Los Angeles 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%
$1,305,000
6.5%
$1,205,000
7%
$1,120,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,555,000
Current use
MEDICAL BUILDING
$1,410,000
Change: -9% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,310,000
Change: -16% · Conversion: Difficult
RETAIL STORES
$1,270,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±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
$312 / 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
$21,514
Tax year 2024
Assessed value
$1,737,989
Assessed 2024
Previous assessed
$1,737,989
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$1,375,914
Assessed improvement
$362,075
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
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1946
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Bathrooms
2
Total area
3,096 SF
Lot
0.11 ac (4,708 SF)
Zoning code
LAC2
APN
4327-019-012
UPID
US09-6335248
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Los Angeles, CAZoning LAC2 · permitted uses
LAC2 · Los Angeles, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
RETAIL STORES
Est. value
$1.3M
OFFICE BUILDING Current
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
1946
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Bathrooms
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
10215 Smb LLC
Entity
Mailing address
4233 MURIETTA AVE, SHERMAN OAKS, CA 91423-4224
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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
Apr 17, 2026
—
10215 Smb LLC
Susan Coddington
Deed
—
Mar 12, 2026
—
10215 Smb LLC
Susan Coddington Living Trust
Grant Deed
—
Oct 20, 2006
—
Coddington Susan Living Trust
Coddington,susan
Quit Claim Deed
related
—
Dec 12, 2002
—
Shveda-coddington,tr
Shveda-coddington,tr
Quit Claim Deed
related
$557,000 · California Statewide Certified
Jun 3, 2002
$1,200,000
Shveda-coddington Trust
Gillis Family Partnership
Grant Deed
$675,000 · Fullerton Community Bank Fsb
Aug 7, 1997
—
Bruce Gillis
Gillis,b & M Trustees
Quit Claim Deed
related
—
—
—
Coddington,susan Living Trust
—
Deed Of Trust
related
$82,000 · Sichel B Living Trust (lt)
—
—
Coddintgon Susan Living Trust
—
Deed Of Trust
related
$100,000 · First Standard Bank
—
—
Gillis Trust
—
Deed Of Trust
related
$6,000,000 · City National Bank
—
—
Coddington Susan Living Trust
—
Deed Of Trust
related
$200,000 · First Standard 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.
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