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Property profile & analytics
FOR LEASE
Office buildings
12430 Ventura Blvd Studio City, CA 91604
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7994607
For Lease
1 / 2
$4,160,000
12430 Ventura Blvd, Studio City, CA 91604
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING (MULTI-STORY)
Year built
1970
Construction
TILT-UP CONCRETE
Total area
9,802 SF
Lot
0.14 ac (6,251 SF)
Zoning code
LAC2
APN
2369-001-024
UPID
US09-7994607
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
-
Jaylin Garage Door Repair Building Supply General Contractor
-
David R Podsadecki Inc Dental Office
-
Hibdon & Podsadecki Accounting Firm Tax Preparation
-
Hibdon Alfred Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.84M
CAP Approach
CAP
$3.52M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.16M
Owner & transaction history
12430 Ventura LLC · 4 yrs held
12430 Ventura LLC
since 2022
Last sale
$4.7M
4 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
$4,110,000
ML approach
$3,840,000
CAP Approach
CAP Return
Estimation
6%
$3,810,000
6.5%
$3,515,000
7%
$3,265,000
Alternative Use
Use
Estimation
RESTAURANT
$6,075,000
Change: -13% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$5,965,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$4.16M
Range $3.74M – $4.58M · ±10% · vs last sale $4.67M (Jun 21 2022)
Last sale anchor
$4.67M
Jun 21 2022
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
$424 / 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
$61,123
Tax year 2024
Assessed value
$4,853,466
Assessed 2024
Previous assessed
$4,853,466
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$1,040,400
Assessed improvement
$3,813,066
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
PROFESSIONAL BUILDING (MULTI-STORY)
Status
For Lease
Year built
1970
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
3
Total area
9,802 SF
Lot
0.14 ac (6,251 SF)
Zoning code
LAC2
APN
2369-001-024
UPID
US09-7994607
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.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$6.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.0M
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
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
1970
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
3
Lot
0.14 ac
Current owner
From public records · entity-resolved
12430 Ventura LLC
Entity
Free & Clear · 4 yrs held
Mailing address
9903 SANTA MONICA BLVDPMB107, BEVERLY HILLS, CA 90212-1606
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2022
$4,665,000
12430 Ventura LLC
Karne J Podsadecki
Grant Deed
—
Jun 21, 2022
—
Karne J Podsadecki
Mary Ann Podsadecki
Affidavit Death Of Trustee/successor Trustee
related
—
Apr 22, 2008
—
Podsadecki Mary A 2007 Trust
Podsadecki,mary A
Quit Claim Deed
related
—
Oct 2, 1961
—
—
—
Grant Deed
related
—
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?”
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