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Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Office buildings
12429 Ventura Ct Studio City, CA 91604-2417
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7800810
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1991
Construction
TILT-UP CONCRETE
Total area
3,043 SF
Lot
0.08 ac (3,320 SF)
Zoning code
LAC2
APN
2367-018-041
UPID
US09-7800810
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
-
Black Star Music Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$450k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$691k
Blend (final)
Blend
$745k
Owner & transaction history
Gtg Real Holdings INC · 13 yrs held
Gtg Real Holdings INC
since 2012
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
$450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$745k
Range $671k – $820k · ±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
$245 / 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
$19,210
Tax year 2024
Assessed value
$1,569,457
Assessed 2024
Previous assessed
$1,569,457
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$1,146,914
Assessed improvement
$422,543
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1991
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Bathrooms
1
Total area
3,043 SF
Lot
0.08 ac (3,320 SF)
Zoning code
LAC2
APN
2367-018-041
UPID
US09-7800810
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Studio City, CA
Zoning 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
Studio City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Bathrooms
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Gtg Real Holdings INC
Entity
Mailing address
206 E 38TH ST, NEW YORK, NY 10016-2728
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2012
$1,300,000
Gtg Real Holdings INC
41 Newport LLC
Grant Deed
$650,000 · Bank Of America
Nov 2, 2004
$1,300,000
41 Newport LLC
Medici Ctr Of Performing Arts LLC
Grant Deed
$1,105,000 · Us Bank NA
Jun 5, 2002
—
Medici Center Performing Arts
Mattiello,m
Quit Claim Deed
related
—
Nov 21, 2001
$600,000
Mary A Mattiello
Ball,derick A
Grant Deed
$420,000 · Pacific Crest Bank
Nov 21, 2001
—
Mary A Mattiello
Page,c
Quit Claim Deed
related
—
Jun 25, 1998
—
Eichenbaum,max & Hana Trustees
Eichenbaum,m
Quit Claim Deed
related
—
Sep 24, 1992
$550,571
Max Eichenbaum
Miller,willard H
Trustees Deed
related
—
May 18, 1992
—
Advance Funding Corp INC
—
Deed Of Trust
related
—
—
—
41 Newport LLC
—
Deed Of Trust
related
—
—
—
Gtg Real Holdings INC
—
Deed Of Trust
related
$537,000 · Cdc Small Business Finance Co
—
—
41 Newport LLC
—
Deed Of Trust
related
$2,979,918 · Broadway Federal Bank
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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