New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,430,000
Apartment buildings
12208 Riverside Dr, Valley Village, CA 91607-3800
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8370511
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2016
Construction
WOOD
Total area
15,008 SF
Lot
0.25 ac (11,072 SF)
Zoning code
LARD1.5
APN
2356-036-036
UPID
US09-8370511
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
$2.43M
Owner & transaction history
Riverdell LLC · 12 yrs held
Riverdell LLC
since 2013
7 recorded transactions
Zoning & alternative use
LARD1.5 · Valley Village, 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 Valley Village submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Valley Village 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
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$3,830,000
Current use
Blend value · Realmo final
$2.43M
Range $2.19M – $2.67M · ±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
$162 / 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
$44,420
Tax year 2024
Assessed value
$3,525,898
Assessed 2024
Previous assessed
$3,525,898
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$1,158,580
Assessed improvement
$2,367,318
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2016
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
8
Rooms
7
Bathrooms
24
Total area
15,008 SF
Lot
0.25 ac (11,072 SF)
Zoning code
LARD1.5
APN
2356-036-036
UPID
US09-8370511
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LARD1.5 · Valley Village, CA
Zoning LARD1.5 · permitted uses
LARD1.5 · Valley Village, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Valley Village. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$3.8M
APARTMENT HOUSE (5+ UNITS) Current
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
2016
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
8
Rooms
7
Bathrooms
24
Lot
0.25 ac
Current owner
From public records · entity-resolved
Riverdell LLC
Entity
Mailing address
18067 LK ENCINO DR, ENCINO, CA 91316-4433
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 5, 2019
—
Riverdell LLC
—
Deed
related
$250,000 · Jpmorgan Chase Bank NA
May 19, 2017
—
Riverdell LLC
—
Deed
related
$2,800,000 · Jpmorgan Chase Bank NA
Nov 25, 2013
$965,000
Riverdell LLC
Botoglou Sadie Trust
Grant Deed
—
Nov 25, 2013
—
Jerome S Botoglou
Botoglou,stephanie D
Quit Claim Deed
related
—
Oct 10, 2013
—
Botoglou,j S & S D Fam Trust
Botoglou,jerome S
Quit Claim Deed
related
—
Sep 3, 2013
—
Botoglou,cosmos A Family Trust
Botoglou,patricia E
Affidavit Of Death
related
—
May 16, 2013
—
Frances F Kyriazis
Botoglou,sadie
Affidavit Of Death
related
—
Mar 30, 2010
—
Botoglou,patricia E
Botoglou,cosmas A
Affidavit Of Death
related
—
Aug 25, 1993
—
Botoglou,sadie Tr
—
Deed Of Trust
related
—
Aug 3, 1993
—
Botoglou Cosmos A Co Tr
—
Deed Of Trust
related
—
Jul 7, 1993
—
Botoglou Cosmos A Co Tr
—
Deed Of Trust
related
—
—
—
Riverdell LLC
—
Deed Of Trust
related
$2,000,000 · Lending Way Capital 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12208 Riverside Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
