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Property profile & analytics
OFF-MARKET
Estimated value
$1,275,000
Retail space
22864 Ventura Blvd Woodland Hills, CA 91364-1203
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8822809
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1966
Construction
WOOD
Total area
18,490 SF
Lot
0.79 ac (34,478 SF)
Zoning code
LAC4
APN
2042-005-063
UPID
US09-8822809
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
$1.28M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.78M
Blend (final)
Blend
$1.28M
Owner & transaction history
John Karasoulos · 1 yrs held
John Karasoulos
since 2025
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
LAC4 · Woodland Hills, 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 Woodland Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodland Hills 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
$1,275,000
ML approach
$1,275,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.28M
Range $1.15M – $1.40M · ±10% · vs last sale $1.28M (Aug 29 2024)
Last sale anchor
$1.28M
Aug 29 2024
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
$69 / 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
$65,776
Tax year 2024
Assessed value
$5,237,281
Assessed 2024
Previous assessed
$5,237,281
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$3,039,813
Assessed improvement
$2,197,468
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1966
Construction
WOOD
Heating
NONE
Stories
1
Total area
18,490 SF
Lot
0.79 ac (34,478 SF)
Zoning code
LAC4
APN
2042-005-063
UPID
US09-8822809
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC4 · Woodland Hills, CA
Zoning LAC4 · permitted uses
LAC4 · Woodland Hills, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woodland Hills. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1966
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.79 ac
Current owner
From public records · entity-resolved
John Karasoulos
Individual
Mailing address
5332 CORBIN AVE, TARZANA, CA 91356-2951
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2025
—
John Karasoulos
Athan J Karasoulos
Deed
related
—
Aug 29, 2024
—
Arkas Investments LLC
John Karasoulos
Quit Claim Deed
related
—
Aug 16, 2011
$1,275,000
Athan Karasoulos
Chris Andrews
Grant Deed
$1,466,362 · Us Bank NA
Mar 25, 2002
—
Karasoulos,athan & Helen A Tr
Ventura Equity
Grant Deed
related
—
Sep 20, 2001
—
Danny Pakravan
Ventura Equity
Grant Deed
related
—
Apr 30, 1998
—
Ventura Equity
Venridge,ptnrshp
Trustees Deed
related
—
—
—
Venridge Partner
—
Deed Of Trust
related
$625,000 · Far East National Bank
—
—
Ventura Equity LLC
—
Deed Of Trust
related
$1,500,000 · United Pacific 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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