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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Medical Office Space
14847 Magnolia Blvd Sherman Oaks, CA 91403-1329
Individually Owned
26-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8171162
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1975
Construction
WOOD
Total area
5,782 SF
Lot
0.2 ac (8,882 SF)
Zoning code
LAC1.5
APN
2249-021-024
UPID
US09-8171162
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
-
Y2K Dentistry - Jouriy Grkikian, DDS Dental Office
-
Y2k Dentistry Dental Office
-
Marc St Julien: Allstate Insurance Insurance Agency
-
Allstate Personal Financial Representative: Cynthia Acosta Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$910k
Owner & transaction history
Grkikian,jouriy · 26 yrs held
Grkikian,jouriy
since 1999
7 recorded transactions
Zoning & alternative use
LAC1.5 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$157 / 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
$11,191
Tax year 2024
Assessed value
$863,402
Assessed 2024
Previous assessed
$863,402
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$476,154
Assessed improvement
$387,248
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1975
Construction
WOOD
Heating
NONE
Cooling
OTHER
Stories
1
Total area
5,782 SF
Lot
0.2 ac (8,882 SF)
Zoning code
LAC1.5
APN
2249-021-024
UPID
US09-8171162
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC1.5 · Sherman Oaks, CA
Zoning LAC1.5 · permitted uses
LAC1.5 · 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
1975
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Grkikian,jouriy
Individual
Mailing address
3136 LAUREL CYN BLVD, STUDIO CITY, CA 91604-4215
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2018
—
Jourly Grkikian
—
Deed
related
$950,000 · Citizens Busn Bk
Nov 14, 2016
—
Jouriy Grkikian
—
Deed
related
$840,000 · Centerstone Sba Lndg INC
Aug 20, 1999
$570,000
Grkikian,jouriy
Siotnick Trust
Trustees Deed
$611,000 · Hanmi Bank
Aug 20, 1999
—
Jouriy Grkikian
Aroutiounian,a
Quit Claim Deed
related
—
—
—
Jourly Grkikian
—
Deed Of Trust
related
$950,000 · Citizens Busn Bk
—
—
Jouriy Grkikian
—
Deed Of Trust
related
$700,000 · Harvey M A Roth
—
—
Jouriy Grkikian
—
Deed Of Trust
related
$840,000 · Centerstone Sba Lndg INC
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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