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Property profile & analytics
OFF-MARKET
Estimated value
$1,140,000
Auto shops
18500 Ventura Blvd Tarzana, CA 91356-4102
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8341764
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1988
Construction
TILT-UP CONCRETE
Total area
11,570 SF
Lot
0.33 ac (14,247 SF)
Zoning code
LAC2
APN
2161-018-046
UPID
US09-8341764
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
$1.14M
Owner & transaction history
Ventura Boulevard LLC · 7 yrs held
Ventura Boulevard LLC
since 2019
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
$99 / 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
$33,177
Tax year 2024
Assessed value
$2,628,696
Assessed 2024
Previous assessed
$2,628,696
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$855,702
Assessed improvement
$1,772,994
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1988
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
11,570 SF
Lot
0.33 ac (14,247 SF)
Zoning code
LAC2
APN
2161-018-046
UPID
US09-8341764
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
1988
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Ventura Boulevard LLC
Entity
Mailing address
20624 OXNARD ST, WOODLAND HILLS, CA 91367-5319
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2019
—
Ventura Boulevard LLC
Droege Patricia M Trust
Quit Claim Deed
—
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
—
John Droege III
—
Deed Of Trust
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.
Try Rey
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