Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    29963 Mulholland Hwy Cornell, CA 91301-3009
    Property profile & analytics

    29963 Mulholland Hwy Cornell, CA 91301-3009

    View on Map
    • Office buildings
    • 3,509 SF
    • 0.32 lot acres
    Off-Market
    Last Sale Apr 24, 2024
    Property ID
    US10-0076606
    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
    $825,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Master Hatter Mr. Gunner Foxx / Haberdashery / Men'S Clothing Store

    Property Details for 29963 Mulholland Hwy

    Year built
    1990
    Construction
    WOOD
    Lot size
    0.32 lot acres
    Property size
    3,509 SF
    Zone code
    LCC3*
    Property type
    Office buildings
    APN
    2063-024-003
    APU
    2063024003

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Cornell
    County
    Los Angeles
    State
    California
    Longitude
    -118.778
    Latitude
    34.1142
    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
    $4,303
    $21,596
    $254,931
    $276,527
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $4,185,000
      19,235 SF

      5008 Chesebro Rd

      OFFICE BUILDING (MULTI-STORY) • 19,235 SF
      5008 Chesebro Rd, Agoura Hills, CA 91301-2211
      View Details
    • Value Estimation
      $4,725,000
      14,262 SF

      28040 Dorothy Dr

      PROFESSIONAL BUILDING • 14,262 SF
      28040 Dorothy Dr, Agoura Hills, CA 91301-4914
      View Details
    • Value Estimation by Request
      659 SF

      5210 Lewis Rd

      OFFICE BUILDING • 659 SF
      5210 Lewis Rd, Agoura Hills, CA 91301-4448
      View Details
    • Value Estimation
      $2,855,000
      10,628 SF

      4148 Liberty Cyn Rd

      OFFICE BUILDING • 10,628 SF
      4148 Liberty Cyn Rd, Agoura Hills, CA 91301
      View Details
    • Value Estimation
      $4,800,000
      19,006 SF

      27509 Agoura Rd

      PROFESSIONAL BUILDING • 19,006 SF
      27509 Agoura Rd, Agoura Hills, CA 91301-5149
      View Details
    • Value Estimation by Request
      1,510 SF

      30300 Agoura Rd Ste, Unit 200

      OFFICE BUILDING • 1,510 SF
      30300 Agoura Rd Ste, Agoura Hills, CA 91301-5413
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      21,436 SF

      Agoura Hills Office For Sale

      21,436 SF office building in Agoura Hills, California.
      29209 Canwood St, Agoura Hills, CA 91301
      View Details
    • Contact for pricing
      5,767 SF

      Agoura Hills Office Building

      Office building for sale in Agoura Hills, California.
      Ladyface Vis, Agoura Hills, CA 91301
      View Details
    • Contact for pricing
      3,733 SF

      Agoura Hills Office For Sale

      Office building for sale in Agoura Hills, California.
      Ladyface Vis, Agoura Hills, CA 91301
      View Details
    • Contact for pricing
      5,767 SF

      Agoura Hills Office/Medical Building

      Freestanding office/medical building available for lease or sale.
      29541-29557 Canwood St, Agoura Hills, CA 91301
      View Details
    • $4,540,000

      Medical/Office Building Owner Opportunity

      Medical/Office building for sale in Agoura Hills/Westlake Village.
      28118 Agoura Rd, Agoura Hills, CA 91301
      View Details
    • Contact for pricing
      3,643 SF

      Agoura Hills Office Building

      Office building for sale in Agoura Hills, California.
      Ladyface Vis, Agoura Hills, CA 91301
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Creative Office Space in Agoura

      Remodeled creative office building with panoramic views and modern amenities.
      30851 Agoura Rd, Agoura Hills, CA 91301
      View Details
    • Contact for pricing

      Ladyface Court Office Building

      Office building in Agoura Hills, currently 100% leased.
      30005 Ladyface Ct, Agoura Hills, CA 91301
      View Details
    • Contact for pricing

      Class A Office Project

      Prestigious Agoura Hills office space for lease.
      29219 Canwood St, Agoura Hills, CA 91301
      View Details
    • $1.25 SF/Yr

      Professional Office Building For Rent

      Professional office building with flexible floor plans and surface parking.
      28035 Dorothy Dr, Agoura Hills, CA 91301
      View Details
    • $2 SF/Yr
      30,466 SF

      Agoura Hills Office Space Available

      Office building with easy freeway access and many amenities.
      30701 Agoura Rd, Agoura Hills, CA 91301
      View Details
    • $2 SF/Yr

      Agoura Hills Office Space Available

      Office building for rent in Agoura Hills, California.
      27489 Agoura Rd, Agoura Hills, CA 91301
      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.
    29963 Mulholland Hwy
    Cornell, CA 91301-3009
    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
    29963 Mulholland Hwy, Cornell, CA, 91301
    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!