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Property profile & analytics
OFF-MARKET
Estimated value
$1,190,000
Automotive properties
11647 Ventura Blvd Studio City, CA 91604-2614
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9041347
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1950
Construction
WOOD
Total area
9,651 SF
Lot
0.71 ac (30,905 SF)
Zoning code
LAC2
APN
2368-007-028
UPID
US09-9041347
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.19M
Owner & transaction history
Mg At Studio City LLC · 3 yrs held
Mg At Studio City LLC
since 2023
7 recorded transactions
Zoning & alternative use
LAC2 · Studio City, 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 Studio City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Studio 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$123 / 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
$92,450
Tax year 2024
Assessed value
$7,543,004
Assessed 2024
Previous assessed
$7,543,004
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$7,542,900
Assessed improvement
$104
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1950
Construction
WOOD
Heating
NONE
Buildings
2
Total area
9,651 SF
Lot
0.71 ac (30,905 SF)
Zoning code
LAC2
APN
2368-007-028
UPID
US09-9041347
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Studio City, CAZoning LAC2 · permitted uses
LAC2 · Studio City, 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
1950
Construction
WOOD
Heating
NONE
Buildings
2
Lot
0.71 ac
Current owner
From public records · entity-resolved
Mg At Studio City LLC
Entity
Free & Clear · 3 yrs held
Mailing address
111 N POST ST STE #200, SPOKANE, WA 99201-4911
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Mar 30, 2023
—
Mg At Studio City LLC
Srm Studio City LLC
Grant Deed
—
Nov 9, 2021
—
Beverly Gemini Investments LLC
—
Deed
related
$10,750,000 · Bank Leumi USA
Jan 4, 2021
—
Beverly Gemini Investments LLC
—
Deed
related
$2,500,000 · Bank Leumi USA
Nov 20, 2020
—
Rio Vista Dev Co
—
Deed
related
$6,000,000 · Mission Vly Bk
May 17, 2019
$4,500,000
Colfax Dev Group LLC
Colfax-nms LLC
Grant Deed
related
$10,750,000 · Bank Leumi USA
Jan 14, 2013
—
Beverly Gemini Investments LLC
—
Grant Deed
related
$8,200,000 · Preferred Bk
May 3, 2005
—
Beverly Gemini Investments LLC
Hirsty W J & M E Trust
Grant Deed
$5,887,500 · First Reg'l Bk
—
—
Rio Vista Dev Co
—
Deed Of Trust
related
$6,000,000 · Mission Vly Bk
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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