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Property profile & analytics
OFF-MARKET
Estimated value
$2,325,000
Office buildings
17049 Ventura Blvd, Encino, CA 91316-4128
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-8780619
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1945
Construction
WOOD
Total area
1,530 SF
Lot
0.05 ac (2,024 SF)
Zoning code
LAC4
APN
2258-013-011
UPID
US09-8780619
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
-
Michele Lyn Gibson Law Offices Law Firm
-
Kind Meds Medical Clinic
-
Afsaneh Soltanpour Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.46M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.33M
Owner & transaction history
Bh Encino LLC · 1 yrs held
Bh Encino LLC
since 2025
Last sale
$2.2M
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
Method
Estimation
Statistic approach
$2,490,000
ML approach
$2,460,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.33M
Range $2.09M – $2.56M · ±10% · vs last sale $2.18M (Feb 28 2025)
Last sale anchor
$2.18M
Feb 28 2025
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
$1,520 / 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
$17,589
Tax year 2024
Assessed value
$1,430,618
Assessed 2024
Previous assessed
$1,430,618
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$663,999
Assessed improvement
$766,619
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1945
Construction
WOOD
Heating
NONE
Stories
1
Total area
1,530 SF
Lot
0.05 ac (2,024 SF)
Zoning code
LAC4
APN
2258-013-011
UPID
US09-8780619
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
1945
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Bh Encino LLC
Entity
Mailing address
17049 VENTURA BLVD, ENCINO, CA 91316-4128
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2025
$2,175,000
Bh Encino LLC
Michele Lyn Gibson
Grant Deed
$1,760,000 · Jpmorgan Chase Bank NA
Jun 14, 2021
—
Michele Lyn Gibson
—
Deed
related
—
Jul 20, 2012
$1,185,500
Michele Lyn Gibson
Siamak Nematollahi
Grant Deed
$948,000 · Wells Fargo Bank NA
Aug 25, 2010
$790,000
Siamak Nematollahi
Gbc Intl Bk
Grant Deed
$450,000 · Gbc International Bank
Aug 25, 2010
—
Siamak Nematollahi
Soltanpour,afsaneh
Quit Claim Deed
related
—
Jan 7, 2010
$803,748
Gbc Intl Bk
Integrated Lender Services
Trustees Deed
related
—
Nov 2, 2007
—
Mohamad A Zamanizaman
Zamanizaman,mohammad A
Quit Claim Deed
related
$110,000 · E&e Mortgage Bankers Corp
Mar 14, 2007
—
Mohamad A Zamanizaman
Zamanizaman,mohamad A
Quit Claim Deed
related
$747,500 · Guaranty Bank California
Aug 30, 2005
$650,000
Mohamad A Zamanizaman
Sahba,bruce & Fatemeh
Grant Deed
$420,000 · East West Bank
Aug 30, 2005
—
Bruce Sahba
Sahba Bruce & F Trust
Quit Claim Deed
related
—
Apr 16, 2003
—
Sahba,tr
Sahba,bruce & Fatemah
Quit Claim Deed
related
—
Oct 24, 2000
$180,000
Bruce Sahba
A Patel M D P C Psp
Grant Deed
$130,000 · Seller
May 10, 1993
—
Patel Profit Sharing A M D
Akbar INC
Quit Claim Deed
related
—
—
—
Akbar INC
—
Deed Of Trust
related
$141,350 · A Patel Defined
—
—
Akbar INC
—
Deed Of Trust
related
$87,650 · A P Enterprises
—
—
Bruce Sahba
—
Deed Of Trust
related
$260,000 · South Coast Commercial 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.
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