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Property profile & analytics
OFF-MARKET
Estimated value
$1,550,000
Community centers
10704 Venice Blvd Culver City, CA 90232-3310
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US09-6875201
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1974
Construction
TILT-UP CONCRETE
Total area
5,054 SF
Lot
0.28 ac (12,100 SF)
Zoning code
CCC3*
APN
4208-016-024
UPID
US09-6875201
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
$2.11M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.55M
Owner & transaction history
Equity One Culver LLC · 14 yrs held
Equity One Culver LLC
since 2011
7 recorded transactions
Zoning & alternative use
CCC3* · Culver City, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.5M
+18.5%
Medical building
$2.3M
+7.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,280,000
6.5%
$2,105,000
7%
$1,955,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,140,000
Current use
OFFICE BUILDING
$2,535,000
Change: +19% · Conversion: Moderate
MEDICAL BUILDING
$2,300,000
Change: +8% · Conversion: Difficult
RETAIL STORES
$2,075,000
Change: -3% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,905,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$1.55M
Range $1.40M – $1.71M · ±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
$307 / 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
$103,998
Tax year 2024
Assessed value
$8,533,716
Assessed 2024
Previous assessed
$8,533,716
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$6,144,277
Assessed improvement
$2,389,439
Applied tax rate
3.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1974
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
OTHER
Stories
1
Total area
5,054 SF
Lot
0.28 ac (12,100 SF)
Zoning code
CCC3*
APN
4208-016-024
UPID
US09-6875201
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CCC3* · Culver City, CA
Zoning CCC3* · permitted uses
CCC3* · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.1M
OFFICE BUILDING
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$2.3M
RETAIL STORES
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1974
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Equity One Culver LLC
Entity
Mailing address
PO BOX 2539, SAN ANTONIO, TX 78299-2539
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2011
$51,000,000
Equity One Culver LLC
Culver Center Ptrs East 1 LP
Grant Deed
—
May 7, 2007
—
Culver Center Partners East #1 LP
Culver Center Partners LLC
Grant Deed
$64,000,000 · Citigroup Global Markets Realty Corp
May 8, 2003
—
Culver Center Partners-east 1
Culver Center Partners LLC
Quit Claim Deed
related
$15,000,000 · General Electric Capital Corp
Feb 1, 2002
—
Culver Center Partners LLC
—
Trustees Deed
related
$14,500,000 · Imperial Capital Bank
Dec 23, 1999
—
Culver Center Partners L L C
—
Deed Of Trust
related
—
Dec 26, 1995
—
Center Properties
—
Deed Of Trust
related
$11,950,000 · Sun Life Assurance Co Canada
—
—
Culver Center Partners LLC
—
Deed Of Trust
related
$1,500,000 · California United Bank
—
—
Bally Total Fitness Of Ca INC
—
Deed Of Trust
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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