New search
Property profile & analytics
OFF-MARKET
Estimated value
$51,175,000
Community centers
17401 Ventura Blvd Encino, CA 91316-3860
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6326462
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1989
Construction
STEEL FRAME
Total area
112,391 SF
Lot
3.82 ac (166,416 SF)
Zoning code
LAP
APN
2257-016-059
UPID
US09-6326462
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
-
Salon Republic Encino Hair Salon Nail Salon
-
ID1 Salon Hair Salon Nail Salon
-
Encino Hair Stylist Hair Salon Nail Salon
-
SHINE By Shay Hair Salon Nail Salon
-
Dr. Dwight E. Hiscox, MD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$40.99M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$51.18M
Owner & transaction history
Encino Courtyard La LLC · 3 yrs held
Encino Courtyard La LLC
since 2023
Last sale
$55.5M
5 recorded transactions
Zoning & alternative use
LAP · Encino, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$81.4M
+19.0%
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
$52,710,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$44,405,000
6.5%
$40,990,000
7%
$38,060,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$68,400,000
Current use
AUTO REPAIR, GARAGE
$81,425,000
Change: +19% · Conversion: Difficult
RESTAURANT
$62,910,000
Change: -8% · Conversion: Difficult
RETAIL STORES
$59,815,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$51.18M
Range $46.06M – $56.29M · ±10% · vs last sale $55.50M (Mar 3 2023)
Last sale anchor
$55.50M
Mar 3 2023
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
$455 / 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
$568,463
Tax year 2024
Assessed value
$44,862,334
Assessed 2024
Previous assessed
$44,862,334
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$25,192,679
Assessed improvement
$19,669,655
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1989
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
112,391 SF
Lot
3.82 ac (166,416 SF)
Zoning code
LAP
APN
2257-016-059
UPID
US09-6326462
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAP · Encino, CA
Zoning LAP · permitted uses
LAP · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$68.4M
AUTO REPAIR, GARAGE
Est. value
$81.4M
RESTAURANT
Est. value
$62.9M
RETAIL STORES
Est. value
$59.8M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
RESTAURANT
RETAIL STORES
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
1989
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
3.82 ac
Current owner
From public records · entity-resolved
Encino Courtyard La LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1708 AEROS WAY, MONTEBELLO, CA 90640-6504
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2023
$55,500,000
Encino Courtyard La LLC
Bre Encino Owner LLC
Grant Deed
—
Feb 17, 2017
$6,267,000
Bre Encino Owner LLC
Encino Courtyard LLC
Grant Deed
$25,600,000 · Us Bank NA #2013-c11 (ce)
Aug 13, 2008
—
Lewitt,bryan & Randi
Lewitt,bryan
Quit Claim Deed
related
$1,600,000 · Db Private Wealth Mtg
Jul 19, 2007
—
Encino Courtyard LLC
Encino Group Retail LLC
Grant Deed
$32,962,000 · Citigroup Global Markets Realty Cor
—
—
Encino Courtyard LLC
—
Deed Of Trust
related
$25,600,000 · Rbs Financial Products INC
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 17401 Ventura Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
