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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Investment properties
1925 Shell Ave, Venice, CA 90291-3878
Entity Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7258651
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1951
Construction
WOOD
Total area
3,467 SF
Lot
0.11 ac (4,597 SF)
Zoning code
LAR2
APN
4241-027-011
UPID
US09-7258651
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.08M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$910k
Owner & transaction history
1925 Shell Avenue Venice LLC · 11 yrs held
1925 Shell Avenue Venice LLC
since 2015
7 recorded transactions
Zoning & alternative use
LAR2 · Venice, 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 Venice submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Venice 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,170,000
6.5%
$1,080,000
7%
$1,005,000
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±10%
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
$262 / 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
$12,573
Tax year 2024
Assessed value
$1,013,818
Assessed 2024
Previous assessed
$1,013,818
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$825,545
Assessed improvement
$188,273
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1951
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Units
3
Bathrooms
2
Total area
3,467 SF
Lot
0.11 ac (4,597 SF)
Zoning code
LAR2
APN
4241-027-011
UPID
US09-7258651
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR2 · Venice, CA
Zoning LAR2 · permitted uses
LAR2 · Venice, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Venice. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1951
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
3
Bathrooms
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
1925 Shell Avenue Venice LLC
Entity
Free & Clear · 11 yrs held
Mailing address
1781 SUNSET AVE, SANTA MONICA, CA 90405-5919
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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
Jun 12, 2015
—
1925 Shell Avenue Venice LLC
Goode Nicola
Quit Claim Deed
related
—
Apr 29, 2015
—
Nicola Goode
Mcfarland-goode Trust
Quit Claim Deed
related
—
Jun 26, 2007
—
Mcfarland-goode Family Trust
Goode,nicola
Quit Claim Deed
related
—
Dec 4, 2001
$700,000
Sean Mcfarland
Ector,joel
Grant Deed
$650,000 · Indymac Bank Fsb
Nov 24, 1999
$475,000
Joel Ector
Sayrizi,donald & Diane
Grant Deed
$356,250 · First Capital Corp
Aug 10, 1995
$300,000
Donald Sayrizi
Bhadrecha,ramen
Grant Deed
$225,000 · Keros-mozilo Mortgage Bankers
Dec 14, 1994
$49,555
Ramen Bhadrecha
Zamora,mauro & Martina
Trustees Deed
—
—
—
Mauro Zamora
—
Deed Of Trust
related
$43,290 · L C Holmes INC
—
—
Mauro Zamora
—
Deed Of Trust
related
$45,000 · Individual
—
—
Joel Ector
—
Deed Of Trust
related
$26,250 · Individual
—
—
Joel Ector
—
Deed Of Trust
related
$84,116 · Allen J
—
—
Zamora Mauro
—
Deed Of Trust
related
$185,000 · Mission Valley 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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