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Property profile & analytics
OFF-MARKET
Estimated value
$4,965,000
Office buildings
16400 Ventura Blvd Encino, CA 91436-2137
Individually Owned
16-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6512670
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1963
Construction
TILT-UP CONCRETE
Total area
31,524 SF
Lot
0.37 ac (16,017 SF)
Zoning code
LAC4
APN
2284-002-007
UPID
US09-6512670
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
-
Covered California Certified Agent - Joel Wagner Insurance Agency
-
FedEx Drop Box Postal Service Courier Service
-
Royalty Creation Studios Photography Service (Bike/Boat/Book/etc) Store
-
Artemis Tour & Travel Travel Agency
-
Medlife Health Solution Inc. Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.97M
Owner & transaction history
Mark L Goldenson · 16 yrs held
Mark L Goldenson
since 2010
7 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
$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
$46,614
Tax year 2024
Assessed value
$3,599,904
Assessed 2024
Previous assessed
$3,599,904
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$793,121
Assessed improvement
$2,806,783
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
Off-Market
Year built
1963
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
31,524 SF
Lot
0.37 ac (16,017 SF)
Zoning code
LAC4
APN
2284-002-007
UPID
US09-6512670
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
1963
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.37 ac
Current owner
From public records · entity-resolved
Mark L Goldenson
Individual
Free & Clear · 16 yrs held
Mailing address
6945 CARLISLE CTC232, NAPLES, FL 34109-6883
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2010
—
Mark L Goldenson
Goldenson,ann L
Affidavit Of Death
related
—
Jun 1, 2000
—
Herman A Fischer
Mark,v Bus Systems
Quit Claim Deed
related
—
Jun 1, 2000
$1,043,636
Fischer,herman A
Lacey Trust
Trustees Deed
—
Jan 21, 1999
—
Goldenson,mark L Trustee
Vadiveloo,j
Quit Claim Deed
related
—
—
—
Herman A Fischer
—
Deed Of Trust
related
$1,430,000 · Jackson Federal Bank
—
—
Mark V Business Systems
—
Deed Of Trust
related
$91,925 · First Interstate Bank Californ
—
—
Mark V Business Systems
—
Deed Of Trust
related
$121,900 · Us Small Business Admn
—
—
Mark
—
Deed Of Trust
related
$1,000,000 · Western Federal Savings & Loan
—
—
Herman A Fischer
—
Deed Of Trust
related
$348,000 · Arden Group 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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