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Property profile & analytics
FOR LEASE
Office buildings
15060 Ventura Blvd Sherman Oaks, CA 91403
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8256881
For Lease
1 / 16
$37.20 SF/Yr
15060 Ventura Blvd, Sherman Oaks, CA 91403
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1985
Construction
STEEL FRAME
Total area
54,524 SF
Lot
0.81 ac (35,462 SF)
Zoning code
LARD1.5
APN
2276-005-036
UPID
US09-8256881
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
-
Takahashi Linda B Law Firm
-
Mehrin Glam Medical Clinic Skin Care Clinic
-
Taylor & Taylor Insurance Agency
-
Barzman & Co Accounting Firm Tax Preparation
-
Greenup, Hartston & Rosenfeld, LLP Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.44M
Owner & transaction history
Ventura Noble Associates LLC · 11 yrs held
Ventura Noble Associates LLC
since 2014
7 recorded transactions
Zoning & alternative use
LARD1.5 · 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
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
Alternative Use
Use
Estimation
OFFICE BUILDING
$19,890,000
Current use
APARTMENT HOUSE (5+ UNITS)
$17,810,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$12.44M
Range $11.19M – $13.68M · ±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
$228 / 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
$257,895
Tax year 2024
Assessed value
$20,973,465
Assessed 2024
Previous assessed
$20,973,465
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$4,359,650
Assessed improvement
$16,613,815
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 (MULTI-STORY)
Status
For Lease
Year built
1985
Construction
STEEL FRAME
Heating
NONE
Stories
4
Total area
54,524 SF
Lot
0.81 ac (35,462 SF)
Zoning code
LARD1.5
APN
2276-005-036
UPID
US09-8256881
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LARD1.5 · Sherman Oaks, CA
Zoning LARD1.5 · permitted uses
LARD1.5 · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$19.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$17.8M
OFFICE BUILDING Current
APARTMENT HOUSE (5+ UNITS)
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
1985
Construction
STEEL FRAME
Heating
NONE
Stories
4
Lot
0.81 ac
Current owner
From public records · entity-resolved
Ventura Noble Associates LLC
Entity
Mailing address
15300 VENTURA BLVD #416, SHERMAN OAKS, CA 91403-3103
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
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
Sep 17, 2014
$17,800,000
Ventura Noble Associates LLC
Noble Professional Center LLC
Grant Deed
—
Oct 5, 2012
—
Noble Professional Center LLC
—
Deed Of Trust
related
$860,000,000 · New York Life Insurance
Mar 7, 2008
—
Noble Professional Center LLC
—
Deed Of Trust
related
$860,000,000 · Wachovia Bank NA
Jul 31, 2007
—
Noble Professional Center LLC
Arden Realty LP
Grant Deed
$860,000,000 · Wachovia Bank NA
Jun 10, 1998
—
Realty Fin 3 Arden
Arden Realty,
Quit Claim Deed
related
$136,100,000 · Lehman Brothers Realty Corp
Apr 3, 1997
—
Arden Realty LP
Qre Holding Co
Grant Deed
related
—
Apr 18, 1989
—
Qre Holding
San
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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