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Property profile & analytics
OFF-MARKET
Estimated value
$1,160,000
Office buildings
13400 Ventura Blvd, Sherman Oaks, CA 91423-6205
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8135163
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1877
Construction
WOOD
Total area
7,200 SF
Lot
0.18 ac (7,965 SF)
Zoning code
LAC2
APN
2373-005-001
UPID
US09-8135163
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
-
The Mike & Sarah Real Estate Group Real Estate Agency
-
Elle Jones Real Estate Real Estate Agency
-
Sherman Oaks Condominiums for Sale Real Estate Agency
-
Arminé Ghevian Real Estate Real Estate Agency
-
Rancho Mirage 55 Plus Homes for Sale Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.59M
Blend (final)
Blend
$1.16M
Owner & transaction history
Michael Alfred Metlenthin JR · 1 yrs held
Michael Alfred Metlenthin JR
since 2024
7 recorded transactions
Zoning & alternative use
LAC2 · Sherman Oaks, 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 Sherman Oaks submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sherman Oaks 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
Blend value · Realmo final
$1.16M
Range $1.04M – $1.28M · ±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
$161 / 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
$7,768
Tax year 2024
Assessed value
$552,853
Assessed 2024
Previous assessed
$552,853
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$148,994
Assessed improvement
$403,859
Applied tax rate
8.0000
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
1877
Construction
WOOD
Heating
NONE
Stories
1
Total area
7,200 SF
Lot
0.18 ac (7,965 SF)
Zoning code
LAC2
APN
2373-005-001
UPID
US09-8135163
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Sherman Oaks, CA
Zoning LAC2 · permitted uses
LAC2 · Sherman Oaks, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sherman Oaks. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1877
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Michael Alfred Metlenthin JR
Individual
Free & Clear · 1 yrs held
Mailing address
19209 W 53RD LOOP, GOLDEN, CO 80403-2161
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Sep 4, 2024
—
Michael Alfred Metlenthin JR
13400 Ventura Property LLC
Grant Deed
—
Jan 4, 2018
—
Michael A Mellenthin JR
Mellenthin 2016 Trust
Quit Claim Deed
related
—
Sep 6, 2017
—
13400 Ventura Property LLC
Mellenthin,michael A JR
Quit Claim Deed
—
Aug 28, 2017
—
Michael A Mellenthin JR
Mellenthin,anne K
Quit Claim Deed
related
—
Jun 30, 2016
—
Mellenthin 2016 Trust
Mellenthin,michael A JR & Anne K
Quit Claim Deed
related
—
Jul 26, 2011
—
Bunzel Family Trust
Bunzel,mary M & Robert H
Quit Claim Deed
related
—
Jan 12, 2010
—
Michael A Mellenthin JR.
Mellenthin,michael A & Donna M
Quit Claim Deed
related
—
Dec 23, 2009
—
Michael A Mellenthin JR.
Mellenthin,michael A & Donna M
Quit Claim Deed
related
—
Dec 29, 2008
—
Michael A Mellenthin
Mellenthin Family Trust
Quit Claim Deed
related
—
Apr 29, 1996
—
Michael A Mellenthin
Mellenthin M A Trustee,
Quit Claim Deed
related
—
Sep 12, 1990
$100,000
Willi Mellenthin
Bozzuto Trust
Grant Deed
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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