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Property profile & analytics
OFF-MARKET
Gas stations
18500 Ventura Blvd Tarzana, CA 91356-4102
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-8341761
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1987
Total area
962 SF
Lot
0.35 ac (15,065 SF)
Zoning code
LAC2
APN
2161-018-045
UPID
US09-8341761
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
-
Ara Moradian: Allstate Insurance Insurance Agency
-
Art Builders Inc Construction Company
-
Chevron Gas Station
-
A & B Accounting Services Accounting Firm Tax Preparation
-
Jodari Studio (Bike/Boat/Book/etc) Store Photography Service
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
Droege & Droege Se LLC
Droege & Droege Se LLC
since 2025
7 recorded transactions
Zoning & alternative use
LAC2 · Tarzana, 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 Tarzana submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tarzana 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
$12,629
Tax year 2024
Assessed value
$964,879
Assessed 2024
Previous assessed
$964,879
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$964,879
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
1987
Heating
NONE
Stories
1
Total area
962 SF
Lot
0.35 ac (15,065 SF)
Zoning code
LAC2
APN
2161-018-045
UPID
US09-8341761
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Tarzana, CA
Zoning LAC2 · permitted uses
LAC2 · Tarzana, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tarzana. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Heating
NONE
Stories
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
Droege & Droege Se LLC
Entity
Mailing address
20624 OXNARD ST, WOODLAND HILLS, CA 91367-5319
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2025
—
Droege & Droege Se LLC
Patricia Mary Droege Revocable Trus
Grant Deed
—
Dec 15, 2025
—
Patricia Mary Droege Revocable Trus
Ventura Boulevard LLC
Grant Deed
—
Feb 28, 2019
—
Droege,mary E Living Trust
Droege,mary E
Affidavit Of Death
—
Jun 16, 2016
—
Tarzana Oil Corporation
—
Deed
related
—
Sep 4, 2015
—
Davis Family Living Trust
Davis,janet E
Quit Claim Deed
related
—
Aug 15, 2013
—
Droege,patricia M Trust
Droege Family Trust
Quit Claim Deed
related
—
Aug 8, 2013
—
Patricia M Droege
Droege,john
Affidavit Of Death
related
—
Apr 13, 2007
—
Peter Lombardi
Droege Credit Shelter Trust
Grant Deed
related
—
Oct 16, 2003
—
Droege,tr
Droege,joseph E Est
Quit Claim Deed
related
—
Oct 30, 1996
—
Droege,john A & Patricia M Trust
Droege,j A & P M
Quit Claim Deed
related
—
—
—
Tarzana Oil Corp
—
Deed Of Trust
related
$1,100,000 · Commonwealth Business Bank
—
—
Ohannes L Kaakajian
—
Deed Of Trust
related
$260,000 · Western Security 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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