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Property profile & analytics
OFF-MARKET
Estimated value
$3,840,000
Investment properties
2011 Ocean Frnt Walk, Venice, CA 90291-4118
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-7261617
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1959
Construction
WOOD
Total area
2,248 SF
Lot
0.06 ac (2,520 SF)
Zoning code
LAR3
APN
4226-013-004
UPID
US09-7261617
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
$3.77M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.52M
Blend (final)
Blend
$3.84M
Owner & transaction history
California Oasis LLC
California Oasis LLC
since 2026
Last sale
$3.9M
7 recorded transactions
Zoning & alternative use
LAR3 · 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
$3,840,000
ML approach
$3,770,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,020,000
Current use
RETAIL STORES
$2,545,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$3.84M
Range $3.46M – $4.22M · ±10% · vs last sale $3.88M (May 8 2020)
Last sale anchor
$3.88M
May 8 2020
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
$1,708 / 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
$50,291
Tax year 2024
Assessed value
$4,154,780
Assessed 2024
Previous assessed
$4,154,780
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$3,216,605
Assessed improvement
$938,175
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
1959
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Units
2
Bathrooms
4
Total area
2,248 SF
Lot
0.06 ac (2,520 SF)
Zoning code
LAR3
APN
4226-013-004
UPID
US09-7261617
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR3 · Venice, CA
Zoning LAR3 · permitted uses
LAR3 · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.0M
RETAIL STORES
Est. value
$2.5M
COMMERCIAL (GENERAL) Current
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1959
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
2
Bathrooms
4
Lot
0.06 ac
Current owner
From public records · entity-resolved
California Oasis LLC
Entity
Mailing address
27552 HILLSTONE, SAN PEDRO, CA 90732-5610
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2026
$3,500,000
California Oasis LLC
Dream One LLC
Grant Deed
—
Jul 24, 2023
—
Dream One LLC
—
Deed
related
$1,499,000 · Business Finance Capital
May 8, 2020
—
Dream One LLC
2011 Ocean Park LLC
Quit Claim Deed
—
Dec 17, 2019
$3,875,000
Dream One LLC
2011 Ocean Park LLC
Grant Deed
$3,600,000 · Pacific Alliance Bank
Mar 12, 2018
$497,500
2011 Ocean Park LLC
Monkarsh Family Trust
Grant Deed
—
Mar 12, 2018
$521,000
2011 Ocean Park LLC
Monkarsh Family Trust
Grant Deed
—
Mar 12, 2018
—
2011 Ocean Park LLC
—
Deed
related
$2,300,000 · Pacific Mortgage Fund LLC
May 17, 2005
—
Monkarsh Family Trust
Monkarsh Family Trust
Quit Claim Deed
related
—
Jul 23, 2004
$135,000
Monkarsh,tr
Monkarsh,tr
Grant Deed
related
$120,000 · Monkarsh Trust
Jun 19, 2003
—
Monkarsh,tr
Monkarsh,tr
Quit Claim Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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