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Property profile & analytics
OFF-MARKET
Theaters & concert halls
1909 Topanga Cyn Blvd Topanga, CA 90290-4282
Trust Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7649586
Property profile
Verified
Property type
Theaters & concert halls
Use group
THEATER (MOVIE)
Year built
2006
Total area
3,211 SF
Lot
1.13 ac (49,107 SF)
Zoning code
LCC3-A11*
APN
4434-016-028
UPID
US09-7649586
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
-
The 1909 Hotel & Motel Resort
-
Caroline Klebl - Yoga Teacher Training Gym & Fitness Center
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
Howard,forward Family Trust · 11 yrs held
Howard,forward Family Trust
since 2014
7 recorded transactions
Zoning & alternative use
LCC3-A11* · Topanga, 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 Topanga submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Topanga 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
$10,468
Tax year 2024
Assessed value
$788,104
Assessed 2024
Previous assessed
$788,104
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$615,709
Assessed improvement
$172,395
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Theaters & concert halls
Use group
THEATER (MOVIE)
Status
Off-Market
Year built
2006
Heating
NONE
Stories
1
Bathrooms
2
Total area
3,211 SF
Lot
1.13 ac (49,107 SF)
Zoning code
LCC3-A11*
APN
4434-016-028
UPID
US09-7649586
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCC3-A11* · Topanga, CA
Zoning LCC3-A11* · permitted uses
LCC3-A11* · Topanga, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Topanga. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Stories
1
Bathrooms
2
Lot
1.13 ac
Current owner
From public records · entity-resolved
Howard,forward Family Trust
Trust
Mailing address
2173 STRADELLA RD, LOS ANGELES, CA 90077-2324
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
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
Jul 31, 2025
—
Baqa LLC
—
Deed
related
$1,185,678 · Jpmorgan Chase Bank NA
Aug 7, 2014
—
Howard,forward Family Trust
Howard,elisabeth
Quit Claim Deed
related
—
Jul 27, 2011
$640,000
Baqa LLC
1909 Topanga LLC
Grant Deed
$460,000 · 1909 Topanga LLC
Mar 3, 2010
—
1909 Topanga LLC
Union Home Loan INC Trust
Grant Deed
—
Sep 16, 2009
—
1909 Topanga LLC
Jns Trust
Grant Deed
—
Sep 15, 2009
—
Union Hm Loan INC Defined Bene
Union Home Loan INC
Quit Claim Deed
—
Sep 2, 2009
—
Union Home Loan INC
Loan Mart INC
Quit Claim Deed
—
Oct 10, 2008
$600,000
Kesselman Martin Tr
Union Home Loan INC
Trustees Deed
related
—
Oct 9, 2008
$600,000
1991 Trust
Union Home Loan INC
Trustees Deed
—
Aug 21, 2006
—
Jeffrey Forward
Wayne,nina
Quit Claim Deed
related
$540,000 · Kesselman Martin (te)
Oct 7, 2004
—
Jeffrey Howard
—
Trustees Deed
related
$494,341 · Construction Loan Co INC
Mar 11, 1997
$35,000
Jeffrey Forward
Pollock,gregory M
Grant Deed
related
$30,000 · Individual
—
—
Jeffrey Forward
—
Deed Of Trust
related
$765,000 · Kesselman Martin (te)
—
—
Jeffrey Forward
—
Deed Of Trust
related
$25,000 · Karl & Karol J Gelbard
—
—
Baqa LLC
—
Deed Of Trust
related
$851,200 · Jp Morgan Chase Bk
—
—
Jeffrey Forward
—
Deed Of Trust
related
$55,000 · Construction Loan Co INC
—
—
Jeffrey Forward
—
Deed Of Trust
related
$50,000 · Individual
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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