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Property profile & analytics
FOR LEASE
Office buildings
13721 Ventura Blvd Sherman Oaks, CA 91423
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US09-8535191
For Lease
1 / 2
$810,000
13721 Ventura Blvd, Sherman Oaks, CA 91423
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1947
Construction
WOOD
Total area
2,475 SF
Lot
0.11 ac (4,597 SF)
Zoning code
LAC2
APN
2271-018-004
UPID
US09-8535191
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
-
Bodywork by Bahia Alternative Medicine Practice Spa & Massage Center
-
Bahia Shortlidge Alternative Medicine Practice Spa & Massage Center
-
Soul Hum Studios Alternative Medicine Practice Spiritual Center
-
LA Urban Corporate Office
-
Top Rated Hospice Care - Olympia Hospice Care Home Health Care Service Hospice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$565k
CAP Approach
CAP
$890k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$810k
Owner & transaction history
13721 Building LLC · 8 yrs held
13721 Building LLC
since 2017
7 recorded transactions
Zoning & alternative use
LAC2 · Sherman Oaks, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.3M
+45.9%
Medical building
$1.1M
+24.6%
Commercial (general)
$1.1M
+18.1%
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
$565,000
CAP Approach
CAP Return
Estimation
6%
$960,000
6.5%
$890,000
7%
$825,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$905,000
Current use
RETAIL STORES
$1,315,000
Change: +46% · Conversion: Moderate
MEDICAL BUILDING
$1,125,000
Change: +25% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,065,000
Change: +18% · Conversion: Easy
WAREHOUSE, STORAGE
$725,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$810k
Range $729k – $891k · ±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
$327 / 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
$36,022
Tax year 2024
Assessed value
$2,962,199
Assessed 2024
Previous assessed
$2,962,199
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$2,499,708
Assessed improvement
$462,491
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
For Lease
Year built
1947
Construction
WOOD
Heating
NONE
Stories
1
Total area
2,475 SF
Lot
0.11 ac (4,597 SF)
Zoning code
LAC2
APN
2271-018-004
UPID
US09-8535191
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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$905,000
RETAIL STORES
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$725,000
OFFICE BUILDING Current
RETAIL STORES
MEDICAL BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1947
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
13721 Building LLC
Entity
Mailing address
13721 VENTURA BLVD2NDFL, SHERMAN OAKS, CA 91423-3023
Mailing matches property
Yes
Owner-occupied
Yes
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2017
—
13721 Building LLC
Hidden Hills LLC
Quit Claim Deed
related
$1,950,000 · Bank Of The West
Mar 29, 2017
—
Jeremy A Miller
Miller,liat
Quit Claim Deed
related
—
Mar 29, 2017
$2,550,000
Hidden Hills LLC
Ventura 13721 LLC
Grant Deed
$201,500 · Silverton Family Trust (pt)
Sep 27, 2016
—
Ventura 13721 LLC
—
Deed
related
$850,000 · Eh National Bank
Oct 18, 2012
—
Ventura 13721 LLC
Ventura 13721 LLC
Quit Claim Deed
related
—
Mar 21, 2008
—
Ventura 13721 LLC
Ventura 13721 LLC
Quit Claim Deed
related
$1,000,000 · Interbay Funding LLC
Oct 27, 2005
$960,000
Ventura 13721 LLC
Gobbi Valente & P Trust
Grant Deed
$730,000 · Heifetz Family Trust 006329
Jul 11, 2000
—
Gobbi,valente & Patricia Trustee
Gobbi,v
Quit Claim Deed
related
—
—
—
Trudi L Gobbi
—
Deed Of Trust
related
$63,971 · Individual
—
—
Ventura 13721 LLC
—
Deed Of Trust
related
$900,000 · Premier Business Bank
—
—
Trudi L Gobbi
—
Deed Of Trust
related
$63,971 · Individual
Feb 10, 1967
—
Valente Gobbi
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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