Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    20137 Ventura Blvd Woodland Hills, CA 91364-2545
    Back to Search
    Property profile & analytics

    20137 Ventura Blvd, Woodland Hills, CA 91364-2545

    View on Map
    • Motels
    • 37,102 SF
    • 1.72 lot acres
    Off-Market
    Last Sale Aug 10, 2022
    $30,000,300
    Property ID
    US09-8061828
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $28,005,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Motels

    Property Details for 20137 Ventura Blvd

    Year built
    1973
    Lot size
    1.72 lot acres
    Zone code
    LAC4
    Property type
    Motels
    APN
    2166-033-030
    APU
    2166033030

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 10, 2022 $30,000,000 Hope Of The Valley Rescue Mission Laxmi Hospitality LLC Grant Deed —
    Sep 25, 2019 — Laxmi Hospitality LLC — Deed · related $5.4M · Bank Of Hope
    Jan 13, 2017 — Laxmi Hospitality LLC — Deed · related $2M · Bank Of Hope
    Apr 6, 2012 — Laxmi Hospitality LLC Patel,mahendra & Hemlata Grant Deed —
    Apr 8, 2008 — Laxmi Hospitality INC Patel,mahendra & Hemlata Grant Deed $4.6M · General Electric Capital Corp
    Oct 16, 2000 — Patel,mahendra & Hemlata Rpd Vagabond Assoc A, Trustees Deed · related —
    Jul 31, 1998 — Rpd Vagobond Associates — Deed Of Trust · related $13.3M · Column Financial INC
    Feb 18, 1998 — Rpd,props III Slt Realty, Trustees Deed · related —
    Feb 3, 1995 $20,000 Slt Realty LP Hotel Investors Trust Grant Deed —
    — — Mahendra Patel — Deed Of Trust · related $2.4M · Bank Of The West
    — — Mahendra Patel — Deed Of Trust · related $1M · Imperial Bank
    — — Laxmi Hospitality LLC — Deed Of Trust · related $4.2M · Bbu Bank
    — — Laxmi Hospitality LLC — Loan Modification · related $5.4M · Bank Of Hope
    — — Laxmi Hospitality LLC — Deed Of Trust · related $2M · Bank Of Hope
    — — Mahendra Patel — Deed Of Trust · related $4.6M · Imperial Capital Bank
    — — Rpd Properties III LLC — Deed Of Trust · related $2.2M · Bear Stearns Funding INC

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $26,430,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $25,591,000
      Market price range: $7.27M - $25.6M

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $24,160,000
      NEIGHBORHOOD: SHOPPING CENTER
      $22,580,000
      AUTO REPAIR, GARAGE
      $17,160,000
      MEDICAL BUILDING
      $16,865,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Woodland Hills
    County
    Los Angeles
    State
    California
    Longitude
    -118.573
    Latitude
    34.1708
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $373,799
    $15,504,000
    $15,096,000
    $30,600,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,825,000
      40,853 SF

      22617 Ventura Blvd

      MOTEL
      22617 Ventura Blvd, Woodland Hills, CA 91364-1416
      View Details
    • Value Estimation
      $650,000
      11,544 SF

      21706 Ventura Blvd

      MOTEL
      21706 Ventura Blvd, Woodland Hills, CA 91364-1834
      View Details
    • Value Estimation
      $2,170,000
      25,577 SF

      21830 Ventura Blvd

      MOTEL
      21830 Ventura Blvd, Woodland Hills, CA 91364-1837
      View Details
    • Value Estimation
      $45,460,000
      55,249 SF

      20205 Ventura Blvd

      HOTEL
      20205 Ventura Blvd, Woodland Hills, CA 91364-2551
      View Details
    • Value Estimation
      $21,395,000
      66,365 SF

      21101 Ventura Blvd

      HOTEL
      21101 Ventura Blvd, Woodland Hills, CA 91364-2104
      View Details
    • Value Estimation by Request
      0.03 Acres

      Woodland Hills, CA 91364

      VACANT COMMERCIAL LAND
      Woodland Hills, CA 91364
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Turnkey Pet Grooming Business

      Established pet grooming business for sale in Woodland Hills.
      19936 Ventura Blvd, Woodland Hills, CA 91364
      View Details
    • Contact for pricing

      Established Sushi Restaurant Opportunity

      Turnkey sushi restaurant with beer and wine license for sale.
      22984 Ventura Blvd, Woodland Hills, CA 91364
      View Details
    • $199,000
      0.30 Acres

      Ready-to-Build Woodland Hills Land

      Land with approved plans for a single-family residence and ADU.
      4845 N Calderon Rd, Woodland Hills, CA 91364
      View Details
    • New
      $1,099,950
      2,673 SF

      Woodland Hills Townhouse-Style Duplex

      Well-maintained duplex near freeways, schools, and shopping centers.
      22002 Ybarra Rd, Woodland Hills, CA 91364
      View Details
    • Contact for pricing
      2,900 SF

      Montessori Business in Prime Location

      Montessori business for sale in a prime location.
      23010 Ventura Blvd, Los Angeles, CA 91364
      View Details
    • $299,000
      7,743.00 Acres

      Woodland Hills Vacant Lot

      Vacant lot with paid permits and approved modern home plans.
      5105 Escobedo Dr, Woodland Hills, CA 91364
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space for Lease

      Retail space available for lease in Los Angeles, CA.
      20501 Ventura Blvd, Los Angeles, CA 91364
      View Details
    • Contact for pricing

      Retail Space in San Fernando Valley

      Retail property with high visibility in a prime location.
      Los Angeles, CA 91364
      View Details
    • Contact for pricing
      59,776 SF

      Woodland Hills Office Space

      59,776 SF office building in Woodland Hills available for rent.
      23241 Ventura Blvd, Woodland Hills, CA 91364
      View Details
    • Contact for pricing

      Retail Space for Lease

      Retail property available for lease in Los Angeles, CA.
      19836 Ventura Blvd, Los Angeles, CA 91364
      View Details
    • $1.50 SF/Yr
      2,951 SF

      Woodland Hills Office Space Available

      Office space available for rent in Woodland Hills, California.
      21241-21243 Ventura Blvd, Woodland Hills, CA 91364
      View Details
    • Contact for pricing

      Office Space for Lease

      Office space available for lease in Woodland Hills, CA.
      21241-21243 Ventura Blvd, Woodland Hills, CA 91364
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    20137 Ventura Blvd
    Woodland Hills, CA 91364-2545
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    20137 Ventura Blvd, Woodland Hills, CA, 91364
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!