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    Property profile & analytics

    13637 Ventura Blvd Sherman Oaks, CA 91423-3701

    • Investment properties
    • 3,586 SF
    • 0.11 lot acres
    OFF-MARKET
    Last Sale
    Aug 03, 2022
    Value Estimations
    $1,130,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-8228802
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Amazing Lash Studio / Hair Salon / Nail Salon

    Property Details for 13637 Ventura Blvd

    Year built
    1926
    Construction
    WOOD
    Lot size
    0.11 lot acres
    Property size
    3,586 SF
    Zone code
    LAC2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    2360-006-025
    APU
    2360006025

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,210,000
      6.5%
      $1,115,000
      7%
      $1,035,000

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,545,000
      Current use
      MEDICAL BUILDING
      $1,630,000
      Change: +6% Conversion: Easy
      OFFICE BUILDING
      $1,310,000
      Change: -15% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sherman Oaks
    County
    Los Angeles
    State
    California
    Longitude
    -118.431
    Latitude
    34.1483
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $36,757
    $2,080,800
    $936,360
    $3,017,160
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $575,000
      4.77 Acres

      Sherman Oaks, CA 91423

      OFFICE/RESIDENTIAL (MIXED USE) • 4.77 Acres
      Sherman Oaks, CA 91423
      View Details
    • Value Estimation
      $1,585,000
      10,334 SF

      13257 Moorpark St

      OFFICE/RESIDENTIAL (MIXED USE) • 10,334 SF
      13257 Moorpark St, Sherman Oaks, CA 91423-3236
      View Details
    • Value Estimation
      $765,000
      4,060 SF

      13502 Ventura Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 4,060 SF
      13502 Ventura Blvd, Sherman Oaks, CA 91423
      View Details
    • Value Estimation
      $1,255,000
      4,044 SF

      13600 Ventura Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 4,044 SF
      13600 Ventura Blvd, Sherman Oaks, CA 91423-5046
      View Details
    • Value Estimation by Request
      1,147 SF

      13514 Ventura Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,147 SF
      13514 Ventura Blvd, Sherman Oaks, CA 91423-3802
      View Details
    • Value Estimation
      $2,095,000
      6,881 SF

      13302 Moorpark St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,881 SF
      13302 Moorpark St, Sherman Oaks, CA 91423
      View Details

    Similar Nearby for Sale

    • $299,900
      15,558.00 Acres

      Sherman Oaks Hillside Land Parcel

      Land parcel in Sherman Oaks Hills ready for development.
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      Ventura Boulevard Commercial Property

      Commercial property for sale on Ventura Boulevard in Los Angeles.
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      Retail Property on Ventura Boulevard

      Retail property available for sale on Ventura Boulevard.
      13625 Ventura Blvd, Sherman Oaks, CA 91423
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      Vacant land with city and mountain views in Sherman Oaks.
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      Vacant land in a desirable Los Angeles neighborhood.
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    Similar Nearby for Lease

    • Contact for pricing
      1,620 SF

      Ventura Blvd Executive Office Suite

      Ground floor office, 1620 sq ft, Los Angeles.
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      View Details
    • $6 SF/Yr
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      Sherman Oaks Retail Space

      Retail space in high-traffic Sherman Oaks shopping center.
      4801 Hazeltine Ave, Sherman Oaks, CA 91423
      View Details
    • Contact for pricing

      Retail Space in Sherman Oaks

      Retail property with building signage, ample parking, and freeway access.
      12912-12926 Riverside Dr, Sherman Oaks, CA 91423
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    • Contact for pricing
      1,950 SF

      Sherman Oaks Office Space Available

      Office space with reception, offices, conference room, and kitchenette.
      13743-13749 Riverside Dr, Sherman Oaks, CA 91423
      View Details
    • Contact for pricing
      3,704 SF

      Ventura Blvd Retail Opportunity

      Prime Los Angeles Bar/Restaurant Space
      13625 Ventura Blvd, Los Angeles, CA 91423
      View Details
    • $2 SF/Yr

      Sherman Oaks Office Space

      Office space featuring 9 offices, conference room, and kitchen.
      13425 Ventura Blvd, Sherman Oaks, CA 91423
      View Details
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    Sherman Oaks, CA 91423-3701
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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