Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,405,000
Office buildings
24009 Ventura Blvd Calabasas, CA 91302-1418
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8611156
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Construction
WOOD
Total area
14,492 SF
Lot
0.72 ac (31,342 SF)
Zoning code
LCM1*
APN
2049-021-050
UPID
US09-8611156
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
-
IT Support LA Tech Support Center IT Consulting Firm
-
Dealer LEDs Advertising Agency Marketing & Advertising
-
Elite Performance and Wellness Center Alternative Medicine Practice
-
Schnitman Chiropractic Alternative Medicine Practice
-
Trade Show Internet Telecommunications Service Data Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.20M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.41M
Owner & transaction history
North Park Calabasas LLC · 11 yrs held
North Park Calabasas LLC
since 2014
5 recorded transactions
Zoning & alternative use
LCM1* · Calabasas, 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 Calabasas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Calabasas 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%
$5,630,000
6.5%
$5,200,000
7%
$4,825,000
Blend value · Realmo final
$4.41M
Range $3.96M – $4.85M · ±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
$304 / 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
$31,493
Tax year 2024
Assessed value
$2,567,717
Assessed 2024
Previous assessed
$2,567,717
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$817,231
Assessed improvement
$1,750,486
Applied tax rate
6.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1984
Construction
WOOD
Heating
NONE
Stories
1
Total area
14,492 SF
Lot
0.72 ac (31,342 SF)
Zoning code
LCM1*
APN
2049-021-050
UPID
US09-8611156
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCM1* · Calabasas, CA
Zoning LCM1* · permitted uses
LCM1* · Calabasas, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Calabasas. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.72 ac
Current owner
From public records · entity-resolved
North Park Calabasas LLC
Entity
Mailing address
23945 CALABASAS RD STE #111, CALABASAS, CA 91302-1505
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2025
—
North Park Calabasas LLC
—
Deed
related
$4,300,000 · California Cu
Oct 4, 2024
—
Northpark Calabasas LLC
—
Deed
related
$4,305,000 · Al Dickens Revocable Trust
Aug 18, 2014
—
North Park Calabasas LLC
North Park Calabasas Partnership
Grant Deed
$6,000,000 · Spt Ca Fundings LLC
Oct 29, 1999
—
Krebs Trust
Bell Trust
Grant Deed
$583,670 · Seller
—
—
Calabasas Office Assoc
—
Deed Of Trust
related
$3,420,000 · John Hancock Mutual Life Ins
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 24009 Ventura Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
