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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Warehouses
2919 La Cienega Blvd Culver City, CA 90232-7312
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US10-0342457
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1957
Construction
TILT-UP CONCRETE
Total area
4,000 SF
Lot
0.1 ac (4,419 SF)
Zoning code
CCM1
APN
4205-004-018
UPID
US10-0342457
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
by Request
CAP Approach
CAP
$930k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$735k
Owner & transaction history
2919 La Cienega Owner LLC
2919 La Cienega Owner LLC
since 2025
7 recorded transactions
Zoning & alternative use
CCM1 · Culver City, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
map15 zoning
Top alternative use upside
Commercial (general)
$1.2M
+7.1%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,005,000
6.5%
$930,000
7%
$860,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,120,000
Current use
COMMERCIAL (GENERAL)
$1,200,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$735k
Range $662k – $809k · ±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
$184 / 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
$18,311
Tax year 2024
Assessed value
$1,502,275
Assessed 2024
Previous assessed
$1,502,275
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$1,081,640
Assessed improvement
$420,635
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1957
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
4,000 SF
Lot
0.1 ac (4,419 SF)
Zoning code
CCM1
APN
4205-004-018
UPID
US10-0342457
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CCM1 · Culver City, CAZoning 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
Source
map15 zoning
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.2M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
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
1957
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
2919 La Cienega Owner LLC
Entity
Mailing address
715 OAK PT DR, OAK PARK, CA 91377-3836
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2025
$2,700,000
2919 La Cienega Owner LLC
Castanier LLC
Grant Deed
$1,755,000 · East West Bank
Dec 26, 2023
—
Castanier LLC
—
Deed
related
$1,000,000 · Velocity Commercial Capital LLC
Oct 9, 2013
$1,250,012
Castanier LLC
Amir Hakimpour
Grant Deed
$388,000 · Cdc Small Business Finance Corp
Feb 24, 2004
—
Hakimpour,tr
Hakimpour,amir
Quit Claim Deed
related
—
May 4, 1990
$140,000
Amir Hakimpour
Ultimate Capital
Grant Deed
related
$140,000 · M J Continental
—
—
Amir Hakimpour
—
Deed Of Trust
related
$200,000 · Individual
—
—
Hakimpour,amir Trust
—
Deed Of Trust
related
$460,000 · Haim Babila
—
—
Hakimpour Amir Trust
—
Deed Of Trust
related
$300,000 · Greenfield Family Trust
—
—
Amir Hakimpour
—
Deed Of Trust
related
$150,000 · Wells Fargo Bank
—
—
Amir Hakimpour
—
Deed Of Trust
related
$100,000 · Wells Fargo Bank
—
—
Amir Hakimpour
—
Deed Of Trust
related
$140,000 · M J Continental
—
—
Hakimpour Amir Trust
—
Deed Of Trust
related
$50,000 · Hershson Charles H & H A Trust
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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