Entity Owned Property summary
This exceptional three-story, 24,199 square foot office building presents a compelling value-add investment opportunity in Los Angeles' North Hills/Northridge submarket. Located on Parthenia Street, the property boasts high visibility with approximately 30,781 cars passing daily, and convenient access to major freeways (405, 118, and 101). Currently at 44% occupancy, this multi-tenant building offers significant upside potential for an owner-user seeking immediate space (~9,000 SF) with room… for future expansion as leases expire. Recent renovations totaling approximately $100,000 have upgraded common areas. The building sits within a robust office market with low vacancy rates (historically under 13.4% and currently at 8.6% according to Costar), benefiting from its location near The Mix, a 40-acre creative campus with numerous amenities. The surrounding area features a strong demographic profile, with 86,706 households within a 3-mile radius and an average household income of $87,477. This free-standing Class B building offers a welcoming setting at a competitive price point, approximately 15-20% below comparable Class A and medical office spaces. The 0.8-acre lot provides ample space, and the asking price is $7,138,000 ($294.97/SF).
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 10 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
4 recorded sales · 15 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 21,729 SF
- Lot area
- 0.8 ac
- Year built
- 1984
- Stories
- 1
- APN
- 2688-041-013
- Zoning
- LACR
- Assessed value · 2024
- $3,833,258
- Annual tax · 2024
- $49,431
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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