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Property profile & analytics
OFF-MARKET
Turn key restaurants
17970 Ventura Blvd Encino, CA 91316-3632
Trust Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8539597
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1957
Construction
WOOD
Total area
2,363 SF
Lot
0.11 ac (4,809 SF)
Zoning code
LAC4
APN
2182-001-011
UPID
US09-8539597
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
-
NARA Mediterranean Bistro and Lounge Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Safavi,sherry Family Trust · 5 yrs held
Safavi,sherry Family Trust
since 2020
Last sale
$425,000
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
—
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
$8,180
Tax year 2024
Assessed value
$640,387
Assessed 2024
Previous assessed
$640,387
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$470,125
Assessed improvement
$170,262
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1957
Construction
WOOD
Heating
NONE
Cooling
OTHER
Stories
1
Total area
2,363 SF
Lot
0.11 ac (4,809 SF)
Zoning code
LAC4
APN
2182-001-011
UPID
US09-8539597
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
1957
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Safavi,sherry Family Trust
Trust
Mailing address
4517 ELLENITA AVE, TARZANA, CA 91356-4929
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 24, 2020
—
Safavi,sherry Family Trust
Sherry Safavi
Quit Claim Deed
related
—
Oct 8, 2003
—
Sherry Safavi
Hashemisohi,fereshteh
Quit Claim Deed
related
$150,000 · Cecelia A Barbata Trustee
Jan 28, 2000
$425,000
Hashemisohi,fereshteh
Hakaha,farhad
Trustees Deed
$295,000 · Pacific Crest Bank
Jan 28, 2000
—
Hashemisohl,fereshteh
Safavisohl,j
Trustees Deed
related
—
Aug 10, 1999
—
Farhad Hakakha
Rabi,b
Quit Claim Deed
related
—
Aug 10, 1999
$120,500
Hakakha,farhad
Shamolian,homayoon & Janet
Trustees Deed
—
Dec 3, 1998
—
Homayoon Shamolian
Ingomar LP
Grant Deed
$202,000 · Seller
Jun 1, 1998
$467,145
Ingomar LP
Rossi,paolo & Sharon R
Grant Deed
—
Dec 31, 1992
$482,500
Paolo Rosi
City Thrift & Lo
Grant Deed
$200,000 · Seller
Mar 3, 1992
—
City Thrift And Loan Assn
—
Deed Of Trust
related
—
Feb 10, 1992
$209,126
City Thrift & Lo
Szmuch,oscar
Trustees Deed
related
—
—
—
Oscar Szmuch
—
Deed Of Trust
related
$125,000 · City Thrift & Loan
—
—
Sherry Safavi
—
Deed Of Trust
related
$178,000 · Dale Kurland
—
—
Amir Yadidi
—
Deed Of Trust
related
$324,000 · Lowell Smith & Evers INC
—
—
Sherry Safavi
—
Deed Of Trust
related
$550,000 · Kaiser Federal Bank
—
—
Oscar Szmuch
—
Deed Of Trust
related
$125,000 · City Thrift & Loan
—
—
Sherry Safavi
—
Deed Of Trust
related
$200,000 · Nejdeh Avakians
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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