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Property profile & analytics
OFF-MARKET
Estimated value
$2,180,000
Apartment buildings
12861 Woodbridge St Studio City, CA 91604-1565
Entity Owned
Absentee Owner
Free & Clear
Property ID
US09-7985760
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1979
Construction
WOOD
Total area
5,322 SF
Lot
0.12 ac (5,156 SF)
Zoning code
LARD1.5
APN
2375-008-007
UPID
US09-7985760
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
-
Betsu Sports School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.18M
CAP Approach
CAP
$1.32M
Comparable Approach
Comparable
$2.15M
Blend (final)
Blend
$2.18M
Owner & transaction history
12861 Woodbright Street LLC
12861 Woodbright Street LLC
since 2025
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
LARD1.5 · Studio City, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.3M
+136.7%
Neighborhood: shopping center
$3.2M
+132.3%
Commercial (general)
$2.5M
+79.0%
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
$2,175,000
ML approach
$2,175,000
CAP Approach
CAP Return
Estimation
6%
$1,425,000
6.5%
$1,315,000
7%
$1,225,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,395,000
Current use
RESTAURANT
$3,300,000
Change: +137% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,240,000
Change: +132% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,495,000
Change: +79% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,435,000
Change: +75% · Conversion: Difficult
MEDICAL BUILDING
$2,420,000
Change: +74% · Conversion: Moderate
Blend value · Realmo final
$2.18M
Range $1.96M – $2.40M · ±10% · vs last sale $2.19M (Jul 24 2025)
Last sale anchor
$2.19M
Jul 24 2025
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
$410 / 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
$30,787
Tax year 2024
Assessed value
$2,481,354
Assessed 2024
Previous assessed
$2,481,354
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$1,544,994
Assessed improvement
$936,360
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
1979
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
5
Rooms
5
Bathrooms
10
Total area
5,322 SF
Lot
0.12 ac (5,156 SF)
Zoning code
LARD1.5
APN
2375-008-007
UPID
US09-7985760
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LARD1.5 · Studio City, CA
Zoning LARD1.5 · permitted uses
LARD1.5 · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.4M
RESTAURANT
Est. value
$3.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.2M
COMMERCIAL (GENERAL)
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$2.4M
MEDICAL BUILDING
Est. value
$2.4M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1979
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
5
Rooms
5
Bathrooms
10
Lot
0.12 ac
Current owner
From public records · entity-resolved
12861 Woodbright Street LLC
Entity
Free & Clear · 0 yrs held
Mailing address
12400 VENTURA BLVD, STUDIO CITY, CA 91604-2406
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Oct 24, 2025
$2,185,000
12861 Woodbright Street LLC
Kalachi Enterprises INC
Grant Deed
—
Oct 1, 2021
$2,385,000
Kalachi Enterprises INC
Sasan Azarakhsh
Grant Deed
$700,000 · Vista Point Mortgage LLC
Feb 21, 2001
—
Azarakhsh,sasan & Laleh Trustees
Azarakhsh,s & L
Quit Claim Deed
related
—
Jun 4, 1999
$520,000
Azarakhsh,sasan M & Laleh B
Tahmazian,hashot
Trustees Deed
$364,000 · World Savings Bank
Jun 4, 1999
—
Hashot Tahmazian
Tahmazian,m R
Quit Claim Deed
related
—
Jul 22, 1994
—
Hashot Tahmazian
Tahmazian,j
Quit Claim Deed
related
—
Jan 24, 1991
$607,500
Tahmazian,hashot
Deino Trust
Trustees Deed
$360,000 · Glendale Federal Bank
—
—
Hashot Tahmazian
—
Deed Of Trust
related
$107,500 · Seller
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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