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Property profile & analytics
OFF-MARKET
Estimated value
$11,805,000
Community centers
16545 Ventura Blvd Encino, CA 91436-4511
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8072182
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1975
Construction
WOOD
Total area
76,371 SF
Lot
3.98 ac (173,381 SF)
Zoning code
LAC4
APN
2259-018-022
UPID
US09-8072182
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
-
Revive beauty inc Cosmetic Store Beauty School
-
Happy Nails Salon & Spa Nail Salon
-
Satori Spa Massage Spa & Massage Center
-
Fleet Feet Encino Clothing & Fashion Store
-
Diamond Tech Roofing Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.81M
Owner & transaction history
Rubio Plaza LLC · 9 yrs held
Rubio Plaza LLC
since 2017
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
$155 / 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
$67,740
Tax year 2024
Assessed value
$4,441,910
Assessed 2024
Previous assessed
$4,441,910
+0.0% YoY
Effective rate
1.53%
On assessed value
Assessed land
$3,770,643
Assessed improvement
$671,267
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1975
Construction
WOOD
Heating
NONE
Buildings
3
Stories
1
Total area
76,371 SF
Lot
3.98 ac (173,381 SF)
Zoning code
LAC4
APN
2259-018-022
UPID
US09-8072182
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.
Building & site characteristics
From public records
Year built
1975
Construction
WOOD
Heating
NONE
Stories
1
Buildings
3
Lot
3.98 ac
Current owner
From public records · entity-resolved
Rubio Plaza LLC
Entity
Mailing address
16910 ENCINO HLS DR, ENCINO, CA 91436-4008
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2020
—
Rubio Plaza LLC
—
Deed
related
$9,600,000 · Woori America Bank
Feb 7, 2019
—
Rubio Plaza LLC
—
Deed
related
—
Feb 1, 2017
—
Rubio Plaza LLC
Choi Family Trust
Quit Claim Deed
related
—
Sep 6, 2016
—
Choi Family Trust
—
Deed
related
$10,231,000 · Bank Of Hope
Aug 1, 2005
—
Choi Family Trust
Choi,jung-sang
Quit Claim Deed
related
$7,000,000 · Centerbank
Mar 31, 2003
—
Choi,tr
Choi,jason J & Margaret M
Quit Claim Deed
related
—
—
—
Jung-sang Choi
—
Deed Of Trust
related
$2,000,000 · Individual
—
—
Rubio Plaza LLC
—
Loan Modification
related
—
—
—
Choi Family Trust
—
Loan Modification
related
$8,500,000 · Bbcn Bk
—
—
Jung-sang Choi
—
Deed Of Trust
related
$6,000,000 · California Korea Bank
—
—
Choi Family Trust
—
Deed Of Trust
related
$10,231,000 · Bank Of Hope
—
—
Choi Family Trust
—
Deed Of Trust
related
$7,000,000 · Centerbank
—
—
Jung-sang Choi
—
Deed Of Trust
related
$6,000,000 · Korea First Bank
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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