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Property profile & analytics
OFF-MARKET
Estimated value
$6,005,000
Retail space
2901 La Cienega Blvd Culver City, CA 90232-7312
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6406390
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1977
Construction
TILT-UP CONCRETE
Total area
4,998 SF
Lot
0.44 ac (18,986 SF)
Zoning code
CCM1
APN
4205-004-001
UPID
US09-6406390
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
$6.04M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.01M
Owner & transaction history
2901 La Cienega Owner LLC · 5 yrs held
2901 La Cienega Owner LLC
since 2021
Last sale
$6.0M
7 recorded transactions
Zoning & alternative use
CCM1 · Culver City, 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 Culver City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Culver City 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
$5,985,000
ML approach
$6,040,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.01M
Range $5.40M – $6.61M · ±10% · vs last sale $6.00M (Mar 25 2021)
Last sale anchor
$6.00M
Mar 25 2021
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
$1,201 / 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
$76,894
Tax year 2024
Assessed value
$6,361,941
Assessed 2024
Previous assessed
$6,361,941
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$5,889,704
Assessed improvement
$472,237
Applied tax rate
3.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1977
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
4,998 SF
Lot
0.44 ac (18,986 SF)
Zoning code
CCM1
APN
4205-004-001
UPID
US09-6406390
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CCM1 · Culver City, CA
Zoning CCM1 · permitted uses
CCM1 · Culver City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Culver City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.44 ac
Current owner
From public records · entity-resolved
2901 La Cienega Owner LLC
Entity
Mailing address
2341 MICHIGAN AVE, SANTA MONICA, CA 90404-3907
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2023
—
2901 La Cienega Owner LLC
—
Deed
related
$3,402,000 · Midfirst Bank
Mar 25, 2021
$5,995,000
2901 La Cienega Owner LLC
Nationwide Consulting INC
Grant Deed
—
Dec 18, 2019
—
Nationwide Consulting INC
—
Deed
related
$925,000 · Private Individual
Apr 23, 2018
—
Nationwide Consulting INC
—
Deed
related
$1,215,000 · Private Individual
Feb 10, 2017
—
Nationwide Consulting INC
—
Deed
related
$140,000 · Private Individual
Jun 30, 2006
$2,000,000
Nationwide Consulting INC
Woodland Management Corp
Grant Deed
$924,000 · Broadway Federal Bank Fsb
Apr 25, 2006
—
Woodland Management Corp
Three-o-five Financial Corp
Grant Deed
related
—
Mar 10, 2004
$875,000
Woodland Management Co
Three-o-five Financial Corp
Grant Deed
—
Feb 23, 2004
—
Three-o-five Financial Corp
Stichman,tr
Grant Deed
related
—
Oct 26, 2001
—
Stichman,forrest I & Joann Tr
Stichman,f I & J R
Quit Claim Deed
related
—
—
—
Nationwide Consulting INC
—
Deed Of Trust
related
$140,000 · Private Individual
—
—
Nationwide Consulting INC
—
Deed Of Trust
related
$1,350,000 · Bank Of Hemet
—
—
Nationwide Consulting INC
—
Deed Of Trust
related
$1,215,000 · Private Individual
—
—
Radiant Properties LLC
—
Deed Of Trust
related
$2,086,000 · Carson V Levit
—
—
Radiant Properties LLC
—
Deed Of Trust
related
$2,086,000 · Carson V Levit
—
—
Nationwide Consulting INC
—
Deed Of Trust
related
$328,000 · Private Individual
—
—
Nationwide Consulting INC
—
Deed Of Trust
related
$325,000 · Lantern Financial Corp
—
—
Nationwide Consulting INC
—
Deed Of Trust
related
$900,000 · Marbro Funding LLC
—
—
Nationwide Consulting INC
—
Deed Of Trust
related
$925,000 · Private Individual
—
—
Nationwide Consulting INC
—
Deed Of Trust
related
$878,000 · Fci Lender Svcs
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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