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Property profile & analytics
OFF-MARKET
Estimated value
$6,355,000
Retail space
16403 Ventura Blvd Encino, CA 91436-4373
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8072211
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1994
Construction
TILT-UP CONCRETE
Total area
19,436 SF
Lot
3.47 ac (151,017 SF)
Zoning code
LAC4
APN
2260-009-043
UPID
US09-8072211
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
-
Encino Market Place Parking Lot & Garage
-
Sweet Lady Jane Bakery Specialty Food Shop
-
Chase Mortgage Loan Service Bank
-
sweetgreen Restaurant
-
Chase Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.62M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.36M
Owner & transaction history
Encino Marketplace LLC · 12 yrs held
Encino Marketplace LLC
since 2013
6 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,165,000
6.5%
$6,615,000
7%
$6,145,000
Alternative Use
Use
Estimation
RETAIL STORES
$10,345,000
Current use
MEDICAL BUILDING
$8,835,000
Change: -15% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,370,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$6.36M
Range $5.72M – $6.99M · ±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
$327 / 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
$317,849
Tax year 2024
Assessed value
$25,727,843
Assessed 2024
Previous assessed
$25,727,843
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$13,895,613
Assessed improvement
$11,832,230
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1994
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
19,436 SF
Lot
3.47 ac (151,017 SF)
Zoning code
LAC4
APN
2260-009-043
UPID
US09-8072211
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC4 · Encino, CA
Zoning LAC4 · permitted uses
LAC4 · Encino, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Encino. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$10.3M
MEDICAL BUILDING
Est. value
$8.8M
COMMERCIAL (GENERAL)
Est. value
$8.4M
RETAIL STORES Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1994
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
3.47 ac
Current owner
From public records · entity-resolved
Encino Marketplace LLC
Entity
Mailing address
101 THE GRV DR, LOS ANGELES, CA 90036-6221
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2024
—
Encino Marketplace LLC
—
Deed
related
$60,000,000 · Forethought Life Insurance Company
May 2, 2022
—
Valley Condo Connection LLC
—
Deed
related
$3,800,000 · Banc Of California NA
Dec 11, 2013
—
Encino Marketplace LLC
USA Investments INC
Quit Claim Deed
$56,000,000 · Pnc Bank
Jun 14, 1995
—
U S A Investments INC
—
Deed Of Trust
related
$21,000,000 · Lincoln Nat'l Life Insurance
Jul 29, 1994
—
U S A Investments INC
—
Grant Deed
related
$17,500,000 · Imperial Bank
Dec 28, 1993
$13,670,000
U S A Investments INC
—
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.
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