Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    14245 Ventura Blvd Sherman Oaks, CA 91423-2773
    Property profile & analytics

    14245 Ventura Blvd Sherman Oaks, CA 91423-2773

    View on Map
    • Investment properties
    • 7,326 SF
    • 0.11 lot acres
    Off-Market
    Last Sale May 8, 2024
    $2,500,000
    Property ID
    US09-8131586
    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.
    Value Estimations
    $2,500,000
    Show details
    Cap Rate Potential
    5.9%
    Investment properties
    Location Intelligence

    Current Use by Public Records

    • Leslie Klein & Associates / Law Firm
    • Farryl Dickter & Associates- Speech, Language, & Educational Therapy / Physician
    • ATTORNEY BIG AL - 1-800-HURT-123 / Law Firm
    • Family Legal Services / Law Firm
    • Media Enrichment Academy / High School

    Property Details for 14245 Ventura Blvd

    Year built
    1985
    Construction
    WOOD
    Lot size
    0.11 lot acres
    Property size
    7,326 SF
    Zone code
    LAC2
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    2265-019-005
    APU
    2265019005

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,500,000
      ML approach
      $2,500,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,475,000
      6.5%
      $2,280,000
      7%
      $2,120,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,296,000
      Market price range: $1.48M - $4.99M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $3,155,000
      Current use
      RESTAURANT
      $4,100,000
      Change: +30% Conversion: Difficult
      RETAIL STORES
      $3,900,000
      Change: +24% Conversion: Easy
      MEDICAL BUILDING
      $3,330,000
      Change: +6% Conversion: Easy
      OFFICE BUILDING
      $2,675,000
      Change: -15% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Sherman Oaks
    County
    Los Angeles
    State
    California
    Longitude
    -118.444
    Latitude
    34.1504
    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
    $31,356
    $1,785,000
    $765,000
    $2,550,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $13,615,000
      93,248 SF

      14001 Ventura Blvd

      STORE/OFFICE (MIXED USE) • 93,248 SF
      14001 Ventura Blvd, Sherman Oaks, CA 91423-3511
      View Details
    • Value Estimation
      $530,000
      2,840 SF

      14014 Ventura Blvd

      STORE/OFFICE (MIXED USE) • 2,840 SF
      14014 Ventura Blvd, Sherman Oaks, CA 91423-3556
      View Details
    • Value Estimation
      $2,245,000
      3,562 SF

      4742 Woodman Ave

      STORE/OFFICE (MIXED USE) • 3,562 SF
      4742 Woodman Ave, Sherman Oaks, CA 91423-2416
      View Details
    • Value Estimation
      $2,960,000
      3,960 SF

      4325 Woodman Ave

      STORE/OFFICE (MIXED USE) • 3,960 SF
      4325 Woodman Ave, Sherman Oaks, CA 91423-3030
      View Details
    • Value Estimation
      $2,570,000
      17,187 SF

      13437 Ventura Blvd

      STORE/OFFICE (MIXED USE) • 17,187 SF
      13437 Ventura Blvd, Sherman Oaks, CA 91423-3829
      View Details
    • Value Estimation
      $830,000
      4,536 SF

      13563 Ventura Blvd

      STORE/OFFICE (MIXED USE) • 4,536 SF
      13563 Ventura Blvd, Sherman Oaks, CA 91423-3825
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Sherman Oaks Mixed-Use Building

      Mixed-use building in Sherman Oaks with residential and commercial spaces.
      13257-13259 Moorpark St, Los Angeles, CA 91423
      View Details
    • Contact for pricing

      Sherman Oaks Office/Retail Building

      High-image, divisible office/retail building in Sherman Oaks with storage.
      13808 Ventura Blvd, Los Angeles, CA 91423
      View Details
    • $1,699,000
      5,412 SF

      Sherman Oaks Multifamily Investment Opportunity

      Well-maintained 6-unit multifamily asset in high-demand Sherman Oaks.
      4909 Coldwater Canyon Ave, Sherman Oaks, CA 91423
      View Details
    • $99,000
      0.14 Acres

      Sherman Oaks Land Opportunity

      Vacant land in Sherman Oaks with panoramic views.
      13406 Newcomb Dr, Sherman Oaks, CA 91423
      View Details
    • $199,000
      10,924.00 Acres

      Vacant Lot in Sherman Oaks

      Vacant 10,924 SF lot in prime Sherman Oaks.
      3724 N Knobhill Dr, Sherman Oaks, CA 91423
      View Details
    • $399,000

      Sherman Oaks Land For Sale

      0.42 acre land available in Sherman Oaks, CA.
      3708 Oakfield Dr, Sherman Oaks, CA 91423
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Former Bank Retail Space Available

      6,200 SF former bank space with open layout.
      4801 Hazeltine Ave, Los Angeles, CA 91423
      View Details
    • Contact for pricing

      Prime Retail Destination on Ventura

      Retail, restaurant, and office spaces available on Ventura Blvd.
      14423 Ventura Blvd, Los Angeles, CA 91423
      View Details
    • Contact for pricing

      Prime Retail Location in Sherman Oaks

      Exceptional retail space with high visibility and liquor licenses.
      14054 Ventura Blvd, Los Angeles, CA 91423
      View Details
    • $2 SF/Yr

      Full Floor Office Space

      7,920 SF full floor office space available for lease.
      14242 Ventura Blvd, Sherman Oaks, CA 91423
      View Details
    • $3 SF/Yr

      Retail Space in Sherman Oaks

      Neighborhood shopping center with high visibility and freeway access.
      13303-13351 Riverside Dr, Sherman Oaks, CA 91423
      View Details
    • $3 SF/Yr

      Sherman Oaks Office Space

      Office space available for lease in Los Angeles.
      13721 Ventura Blvd, Sherman Oaks, CA 91423
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    14245 Ventura Blvd
    Sherman Oaks, CA 91423-2773
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    14245 Ventura Blvd, Sherman Oaks, CA, 91423
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!