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Property profile & analytics
OFF-MARKET
Estimated value
$20,295,000
Community centers
12050 Ventura Blvd Studio City, CA 91604-2638
Entity Owned
34-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7930887
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1992
Construction
TILT-UP CONCRETE
Total area
56,712 SF
Lot
1.55 ac (67,403 SF)
Zoning code
LAC2
APN
2369-015-019
UPID
US09-7930887
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
-
Dentists of Studio City Dental Office
-
Pacifica Medical Spa Spa & Massage Center Alternative Medicine Practice
-
Sunset Tan Studio City Tanning Salon
-
Kolder Daniel G MD Physician Medical Clinic
-
SP+ Parking Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$20.68M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$20.30M
Owner & transaction history
Laurel Center Group · 34 yrs held
Laurel Center Group
since 1992
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$22,405,000
6.5%
$20,680,000
7%
$19,205,000
Blend value · Realmo final
$20.30M
Range $18.27M – $22.32M · ±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
$358 / 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
$261,559
Tax year 2024
Assessed value
$19,899,411
Assessed 2024
Previous assessed
$19,899,411
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$6,849,272
Assessed improvement
$13,050,139
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
1992
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
56,712 SF
Lot
1.55 ac (67,403 SF)
Zoning code
LAC2
APN
2369-015-019
UPID
US09-7930887
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
1992
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
1.55 ac
Current owner
From public records · entity-resolved
Laurel Center Group
Entity
Mailing address
6300 WILSHIRE BLVD STE #1800, LOS ANGELES, CA 90048-5236
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1992
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2010
—
Lt Acquisition Corp
—
Deed Of Trust
related
$1,777,777 · Wells Fargo Bank
Aug 7, 2000
—
L T Acquistion Corp
—
Deed Of Trust
related
$1,777,777 · Amresco Commercial Finance INC
Jun 30, 1992
—
Laurel Center Group
Smedra,ira
Trustees Deed
$6,500 · Creative Artists
Jun 30, 1992
$3,300,000
Ira Smedra
Tobias,alter L
Quit Claim Deed
related
—
Jul 26, 1988
—
Laurel Cntr Grp
Tobias Alter L A
Grant Deed
related
—
—
—
Laurel Center Group
—
Deed Of Trust
related
$11,500,000 · Wells Fargo Bank
—
—
Laurel Center Group
—
Deed Of Trust
related
$19,500,000 · Laurel Promenade Funding LLC
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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