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Property profile & analytics
FOR LEASE
Data centers and call centers
4024 Radford Ave Studio City, CA 91604
Individually Owned
34-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7937150
For Lease
$5,980,000
4024 Radford Ave, Studio City, CA 91604
View Listing →
Property profile
Verified
Property type
Data centers and call centers
Use group
RADIO OR TV STATION
Year built
1930
Construction
WOOD
Total area
80,158 SF
Lot
37.05 ac (1,613,709 SF)
Zoning code
LAM2
APN
2368-005-011
UPID
US09-7937150
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
-
Studio City Neighborhood Council City Government Office
-
Elaine's Beauty Studio Hair Salon Nail Salon
-
ATM Atm
-
Republic Studios Film Production
-
Grass Goddess (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.98M
Owner & transaction history
Studio C Radford · 34 yrs held
Studio C Radford
since 1992
2 recorded transactions
Zoning & alternative use
LAM2 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$75 / 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
$2,415,134
Tax year 2024
Assessed value
$187,947,454
Assessed 2024
Previous assessed
$187,947,454
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$62,109,608
Assessed improvement
$125,837,846
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
Data centers and call centers
Use group
RADIO OR TV STATION
Status
For Lease
Year built
1930
Construction
WOOD
Heating
NONE
Buildings
5
Stories
1
Total area
80,158 SF
Lot
37.05 ac (1,613,709 SF)
Zoning code
LAM2
APN
2368-005-011
UPID
US09-7937150
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAM2 · Studio City, CA
Zoning LAM2 · permitted uses
LAM2 · 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
1930
Construction
WOOD
Heating
NONE
Stories
1
Buildings
5
Lot
37.05 ac
Current owner
From public records · entity-resolved
Studio C Radford
Individual
Free & Clear · 34 yrs held
Mailing address
2800 POST OAK BLVD STE #4200, HOUSTON, TX 77056-6139
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1992
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2021
—
Radford Studio Center INC
—
Deed
related
$106,000,000 · Goldman Sachs Bank USA
Mar 17, 1992
$276,045
Studio C Radford
Cbs Mtm Co
Grant Deed
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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