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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Retail space
1031 Abbot Kinney Blvd Venice, CA 90291-3386
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8759632
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1908
Construction
WOOD
Total area
2,442 SF
Lot
0.1 ac (4,157 SF)
Zoning code
LAC2
APN
4239-021-024
UPID
US09-8759632
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
$350k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$564k
Blend (final)
Blend
$580k
Owner & transaction history
Wynkoop Properties LLC · 18 yrs held
Wynkoop Properties LLC
since 2007
7 recorded transactions
Zoning & alternative use
LAC2 · Venice, 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 Venice submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Venice 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
$350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$580k
Range $522k – $638k · ±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
$238 / 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
$36,477
Tax year 2024
Assessed value
$3,006,922
Assessed 2024
Previous assessed
$3,006,922
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$2,813,763
Assessed improvement
$193,159
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1908
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Units
3
Bathrooms
1
Total area
2,442 SF
Lot
0.1 ac (4,157 SF)
Zoning code
LAC2
APN
4239-021-024
UPID
US09-8759632
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Venice, CAZoning LAC2 · permitted uses
LAC2 · Venice, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1908
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
3
Bathrooms
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Wynkoop Properties LLC
Entity
Mailing address
1027 ABBOT KINNEY BLVD, VENICE, CA 90291-3386
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2017
—
Wynkoop Properties LLC
—
Grant Deed
related
$2,000,000 · Midfirst Bk
Apr 5, 2012
—
Wynkoop Properties LLC
—
Deed Of Trust
related
$6,600,000 · Bank Of Manhattan
Mar 26, 2010
—
Wynkoop Properties LLC
—
Deed Of Trust
related
$7,616,000 · First Citizens Bank & Trust Co
Oct 12, 2007
$11,950,000
Wynkoop Properties LLC
Venice Place
Grant Deed
—
Mar 26, 2003
—
Venice Place
Venice Place
Quit Claim Deed
related
$750,000 · Wells Fargo Bank
Mar 22, 1972
$14,000
Place Venice
—
Grant Deed
related
—
Nov 24, 1970
$14,000
—
—
Grant Deed
related
—
—
—
Wynkoop Properties LLC
—
Loan Modification
related
—
—
—
Venice Place
—
Deed Of Trust
related
$700,000 · Wells Fargo Bank
—
—
Wynkoop Properties LLC
—
Deed Of Trust
related
$1,000,000 · Bank Of Manhattan
—
—
Wynkoop Properties LLC
—
Deed Of Trust
related
$6,152,079 · Bank Of Manhattan
—
—
Venice Place
—
Deed Of Trust
related
$760,000 · Santa Monica Bank
—
—
Venice Place
—
Deed Of Trust
related
$3,280,000 · Column Financial 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
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