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Property profile & analytics
OFF-MARKET
Estimated value
$2,400,000
Retail space
4000 Colfax Ave Studio City, CA 91604-2145
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8527800
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1961
Construction
WOOD
Total area
11,735 SF
Lot
0.96 ac (41,684 SF)
Zoning code
LAC2
APN
2368-007-001
UPID
US09-8527800
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
-
Pepper and Pint Tavern Bar & Pub
-
Jinky's Studio Cafe Restaurant
-
Deluxe Automatic Gate Repair Metal Fabrication Plant Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.71M
Blend (final)
Blend
$2.40M
Owner & transaction history
Mg At Studio City LLC · 3 yrs held
Mg At Studio City LLC
since 2023
7 recorded transactions
Zoning & alternative use
LAC2 · Studio 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 Studio City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Studio 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.40M
Range $2.16M – $2.64M · ±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
$205 / 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
$133,515
Tax year 2024
Assessed value
$10,924,304
Assessed 2024
Previous assessed
$10,924,304
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$10,924,200
Assessed improvement
$104
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
1961
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
3
Stories
1
Units
1
Total area
11,735 SF
Lot
0.96 ac (41,684 SF)
Zoning code
LAC2
APN
2368-007-001
UPID
US09-8527800
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Studio City, CA
Zoning LAC2 · permitted uses
LAC2 · Studio City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Studio City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1961
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Units
1
Lot
0.96 ac
Current owner
From public records · entity-resolved
Mg At Studio City LLC
Entity
Mailing address
111 N POST ST STE #200, SPOKANE, WA 99201-4911
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2023
—
Mg At Studio City LLC
Gemini Investments LLC
Quit Claim Deed
related
—
Mar 30, 2023
—
Mg At Studio City LLC
Srm Studio City LLC
Grant Deed
—
May 27, 2022
$25,000,000
Srm Studio City LLC
Beverly Gemini Investments LLC
Grant Deed
$20,000,000 · Hankey Capital LLC
Nov 9, 2021
—
Beverly Gemini Investments LLC
—
Deed
related
$10,750,000 · Bank Leumi USA
Jan 4, 2021
—
Beverly Gemini Investments LLC
—
Deed
related
$2,500,000 · Bank Leumi USA
May 17, 2019
$4,500,000
Colfax Dev Group LLC
Colfax-nms LLC
Trustees Deed
$10,750,000 · Bank Leumi USA
Mar 6, 2007
—
Colfax Nms LLC
Beverly Gemini Investments LLC
Grant Deed
$9,400,000 · Wachovia Bank NA
Jun 3, 2005
$4,335,040
Beverly Gemini Investments LLC
Larner Robert & H Trust
Grant Deed
$3,513,750 · First Regional Bank
Jan 12, 2004
—
Helen,tr
Larner,robert & Helen
Quit Claim Deed
related
—
Sep 5, 1995
—
Larner,robert & Helen Trustees
Larner,h Trustee
Quit Claim Deed
related
—
Jan 6, 1993
$94,473
Progressive Property Management
Martini,rosalind
Trustees Deed
related
—
Aug 20, 1991
—
Rosalind Martini
—
Deed Of Trust
related
—
—
—
Rosalind Martini
—
Deed Of Trust
related
—
—
—
Rosalind Martini
—
Deed Of Trust
related
—
—
—
Rosalind Martini
—
Deed Of Trust
related
$25,000 · Larson David C
—
—
Rosalind Martini
—
Deed Of Trust
related
$36,000 · Rothstein Jay&
—
—
Rosalind Martini
—
Deed Of Trust
related
$649,000 · First Fidelity Thrift & Loan
—
—
Rosalind Martini
—
Deed Of Trust
related
$75,000 · Bassin Lillian
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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