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Property profile & analytics
OFF-MARKET
Estimated value
$3,680,000
Parking lots & garages
17835 Ventura Blvd Encino, CA 91316-3634
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-9492157
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Total area
12,892 SF
Lot
0.3 ac (12,864 SF)
Zoning code
LARA
APN
2162-012-082
UPID
US09-9492157
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
-
Jeffrey G. Thomas Law Firm
-
CENTURY 21 Albert Foulad Realty: Michael Gaona Real Estate Agency
-
Pillemer & Pillemer Law Firm
-
Steven R Fox Law Offices Law Firm
-
Margules Darin Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.68M
Owner & transaction history
Ventura Medical Tower LLC · 1 yrs held
Ventura Medical Tower LLC
since 2024
Last sale
$3.7M
7 recorded transactions
Zoning & alternative use
LARA · 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
$3,680,000
ML approach
$3,680,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
PARKING LOT
$6,115,000
Current use
MEDICAL BUILDING
$5,860,000
Change: -4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,550,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$3.68M
Range $3.31M – $4.05M · ±10% · vs last sale $3.68M (Aug 9 2024)
Last sale anchor
$3.68M
Aug 9 2024
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
$285 / 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
$11,968
Tax year 2024
Assessed value
$951,966
Assessed 2024
Previous assessed
$951,966
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$936,360
Assessed improvement
$15,606
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Heating
NONE
Total area
12,892 SF
Lot
0.3 ac (12,864 SF)
Zoning code
LARA
APN
2162-012-082
UPID
US09-9492157
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LARA · Encino, CA
Zoning LARA · permitted uses
LARA · 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
PARKING LOT Current
Est. value
$6.1M
MEDICAL BUILDING
Est. value
$5.9M
COMMERCIAL (GENERAL)
Est. value
$5.6M
PARKING LOT Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
Heating
NONE
Lot
0.3 ac
Current owner
From public records · entity-resolved
Ventura Medical Tower LLC
Entity
Mailing address
17835 VENTURA BLVD, ENCINO, CA 91316-3634
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2024
$3,682,000
Ventura Medical Tower LLC
Sunwest Bank
Grant Deed
$6,869,000 · Sunwest Bank
Feb 12, 2024
$1,225,000
Sunwest Bank
Encino Towers LLC
Trust Deed
related
—
Feb 5, 2024
—
20 E Mariposa St
Encino Towers LLC
Grant Deed
—
Aug 31, 2021
$12,990,000
Encino Towers LLC
Bereshit Invgestments LLC
Grant Deed
$6,869,000 · Sunwest Bank
Jan 10, 2018
$11,150,000
Bereshit Investments LLC
Ventura Boulevard Partners LP
Grant Deed
$7,390,000 · New Omni Bk NA
Feb 17, 2006
—
Ventura Boulevard Partners LP
17835 Ventura LP
Grant Deed
$7,350,000 · Wells Fargo Bank NA
Nov 15, 2001
—
17835 Ventura
R&d Building
Quit Claim Deed
related
—
Dec 30, 1971
—
R & D Building Co
—
Grant Deed
related
—
—
—
Ventura LP
—
Deed Of Trust
related
$53,000 · Ge Capital Assurance Co
—
—
Ventura Boulevard Partners LP
—
Deed Of Trust
related
$4,000,000 · American Riviera 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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