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Property profile & analytics
FOR LEASE
Office buildings
16027 Ventura Blvd Encino, CA 91436
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6512650
For Lease
1 / 2
$19,350,000
16027 Ventura Blvd, Encino, CA 91436
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1979
Construction
STEEL FRAME
Total area
114,454 SF
Lot
1.08 ac (47,105 SF)
Zoning code
LAC4
APN
2261-022-106
UPID
US09-6512650
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
-
PointKetamine - Ketamine Therapy Clinic Medical Clinic
-
First Child Productions Marketing & Advertising Event Planning
-
Pacific West Management Property Management Company
-
Law Offices of Ramtin Sadighim Law Firm
-
Immigration Attorney LA 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
$19.35M
Owner & transaction history
16027 Ventura Hope LLC · 7 yrs held
16027 Ventura Hope LLC
since 2019
4 recorded transactions
Zoning & alternative use
LAC4 · Encino, 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 Encino submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Encino 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
$169 / 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
$378,629
Tax year 2024
Assessed value
$30,646,583
Assessed 2024
Previous assessed
$30,646,583
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$6,009,131
Assessed improvement
$24,637,452
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
1979
Construction
STEEL FRAME
Heating
NONE
Total area
114,454 SF
Lot
1.08 ac (47,105 SF)
Zoning code
LAC4
APN
2261-022-106
UPID
US09-6512650
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC4 · Encino, CAZoning LAC4 · permitted uses
LAC4 · Encino, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1979
Construction
STEEL FRAME
Heating
NONE
Lot
1.08 ac
Current owner
From public records · entity-resolved
16027 Ventura Hope LLC
Entity
Free & Clear · 7 yrs held
Mailing address
3470 WILSHIRE BLVD #700, LOS ANGELES, CA 90010-2207
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2019
—
16027 Ventura Hope LLC
711 Hope LP
Correction Deed
related
—
Aug 16, 2017
—
16027 Ventura Hope LLC
711 Hope LP
Grant Deed
$25,000,000 · Citi Real Estate Funding INC
Sep 26, 2013
$25,500,000
711 Hope LP
Realty Associates Fund Vi LP
Grant Deed
$15,300,000 · East West Bank
Sep 21, 2004
$21,575,000
Realty Associates Fund Vi
Encino Executive Center LLC
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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