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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Turn key restaurants
16624 Ventura Blvd Encino, CA 91436-1950
Entity Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6512661
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1965
Construction
WOOD
Total area
8,961 SF
Lot
0.61 ac (26,492 SF)
Zoning code
LAC4
APN
2284-007-047
UPID
US09-6512661
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
-
Panera Bread Bakery Specialty Food Shop
-
The Vitamin Shoppe (Bike/Boat/Book/etc) Store Pharmacy
-
Drybar Encino Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$670k
Owner & transaction history
Ventura Petit LLC · 17 yrs held
Ventura Petit LLC
since 2009
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
$75 / 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
$47,002
Tax year 2024
Assessed value
$3,750,592
Assessed 2024
Previous assessed
$3,750,592
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$2,582,113
Assessed improvement
$1,168,479
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1965
Construction
WOOD
Heating
NONE
Cooling
OTHER
Stories
1
Units
1
Total area
8,961 SF
Lot
0.61 ac (26,492 SF)
Zoning code
LAC4
APN
2284-007-047
UPID
US09-6512661
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
1965
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.61 ac
Current owner
From public records · entity-resolved
Ventura Petit LLC
Entity
Mailing address
513 N PALM DR, BEVERLY HILLS, CA 90210-3412
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2023
—
Ventura Petit LLC
—
Deed
related
$8,500,000 · Farmers & Merchants Bank Of Long Beach
Jul 21, 2021
—
Ventura Petit LLC
—
Deed
related
$4,000,000 · Farmers & Merchants Bank Of Long Beach
Apr 10, 2009
—
Ventura Petit LLC
Ibex
Quit Claim Deed
related
$5,000,000 · Farmers & Merchants Bk/lng Bch
Apr 10, 2009
$6,500,000
Ventura Petit LLC
Ventura Ba LLC
Grant Deed
related
—
Dec 20, 2004
—
Ibex
Jsk INC
Grant Deed
related
—
Jun 30, 1994
—
Leslie Et Al Demers
—
Deed Of Trust
related
—
Oct 12, 1993
—
Leslie Et Al Demers
—
Deed Of Trust
related
—
Aug 3, 1992
—
Bank Of America Tr
—
Deed Of Trust
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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