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Property profile & analytics
FOR LEASE
Retail space
12124 Ventura Blvd Studio City, CA 91604
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6205594
For Lease
1 / 9
$1,040,000
12124 Ventura Blvd, Studio City, CA 91604
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1956
Construction
WOOD
Total area
4,650 SF
Lot
0.16 ac (7,099 SF)
Zoning code
LAR4
APN
2369-014-003
UPID
US09-6205594
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
-
M.Fredric Fashion Accessories Store Women'S Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.08M
Blend (final)
Blend
$1.04M
Owner & transaction history
Pescado 12323 Ventura Blvd LLC · 7 yrs held
Pescado 12323 Ventura Blvd LLC
since 2019
7 recorded transactions
Zoning & alternative use
LAR4 · 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.04M
Range $936k – $1.14M · ±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
$224 / 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
$53,414
Tax year 2024
Assessed value
$4,318,827
Assessed 2024
Previous assessed
$4,318,827
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$3,752,706
Assessed improvement
$566,121
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
For Lease
Year built
1956
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Total area
4,650 SF
Lot
0.16 ac (7,099 SF)
Zoning code
LAR4
APN
2369-014-003
UPID
US09-6205594
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR4 · Studio City, CA
Zoning LAR4 · permitted uses
LAR4 · Studio City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Studio City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1956
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Pescado 12323 Ventura Blvd LLC
Entity
Mailing address
4430 TEDREGAL CT, CALABASAS, CA 91302-2517
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Jul 2, 2019
$4,028,000
Pescado 12323 Ventura Blvd LLC
Robert Jack Ruthbard
Grant Deed
$2,250,000 · American Business Bank
Aug 30, 2013
—
Ruthbard,jack & J Family Trust
Ruthbard J & J Family Trust
Quit Claim Deed
related
$1,000,000 · Pacific Premier Bank
Aug 11, 2000
—
Ruthbard Robert J
Ruthbard,r J
Quit Claim Deed
related
—
Apr 30, 1970
—
—
—
Grant Deed
related
—
—
—
M F P Development
—
Deed Of Trust
related
$41,600 · Us Small Business Admn
—
—
M F P Development
—
Deed Of Trust
related
$113,900 · Us Small Business Admn
—
—
Robert J Ruthbard
—
Deed Of Trust
related
$208,000 · Us Small Business Admn
—
—
Robert J Ruthbard
—
Deed Of Trust
related
$228,000 · Us Small Business Admn
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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