Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$990,000
Retail space
12445 Ventura Blvd Studio City, CA 91604-2407
Individually Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8465740
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1946
Construction
TILT-UP CONCRETE
Total area
3,550 SF
Lot
0.05 ac (2,250 SF)
Zoning code
LAC2
APN
2367-018-021
UPID
US09-8465740
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
-
Create By Rich Hair Salon
-
Body & Mind Healing Alternative Medicine Practice Spa & Massage Center
-
Cut by Oscar Hair Salon
-
Dej Salon Hair Salon Nail Salon
-
Wonderland Beauty Studio Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.21M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$990k
Owner & transaction history
Yama Shaalemi · 9 yrs held
Yama Shaalemi
since 2017
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%
$1,310,000
6.5%
$1,210,000
7%
$1,120,000
Blend value · Realmo final
$990k
Range $891k – $1.09M · ±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
$279 / 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
$11,289
Tax year 2024
Assessed value
$849,428
Assessed 2024
Previous assessed
$849,428
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$332,382
Assessed improvement
$517,046
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
Off-Market
Year built
1946
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
3,550 SF
Lot
0.05 ac (2,250 SF)
Zoning code
LAC2
APN
2367-018-021
UPID
US09-8465740
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
1946
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Yama Shaalemi
Individual
Mailing address
4010 FAIRWAY AVE, STUDIO CITY, CA 91604-2307
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
Jun 22, 2017
—
Yama Shaalemi
Shalemi Azim Family Trust
Quit Claim Deed
related
—
May 15, 2008
—
Shaalemi Azim Trust
Shaalemi,azim
Quit Claim Deed
related
—
Aug 28, 2000
—
Azim Shaalemi
Amiri,m
Grant Deed
related
—
Jul 3, 2000
—
Madina Amiri
Shahalemi,a
Quit Claim Deed
related
—
Jul 3, 2000
$575,000
Amiri,madina
Conway,sherwin B & Elaine J
Trustees Deed
—
Aug 11, 1994
—
Harvey M Baraban
Baraban,v R
Quit Claim Deed
related
—
—
—
Azim Shaalemi Trust
—
Deed Of Trust
related
$180,000 · Raphael Amon & Terry Fam Trust
—
—
Shaalemi Azim Trust
—
Deed Of Trust
related
$550,000 · Lone Oak Fund LLC
—
—
Sherwin B Conway
—
Deed Of Trust
related
$10,000 · Us Small Business Admn
—
—
Shaalemi Azim Trust
—
Deed Of Trust
related
$450,000 · Lynn Truong
—
—
Shaalemi Azim Trust
—
Deed Of Trust
related
$250,000 · Raphael A & T Family Trust
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 12445 Ventura Blvd?
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.
