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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Apartment buildings
4251 Tujunga Ave Studio City, CA 91604-2932
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8460217
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1971
Construction
WOOD
Total area
13,794 SF
Lot
0.36 ac (15,636 SF)
Zoning code
LARD1.5
APN
2368-018-040
UPID
US09-8460217
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
-
Ambassadors of Time, LLC Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$700k
Owner & transaction history
George E Wendt · 1 yrs held
George E Wendt
since 2024
7 recorded transactions
Zoning & alternative use
LARD1.5 · 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
$51 / 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
$12,023
Tax year 2024
Assessed value
$824,055
Assessed 2024
Previous assessed
$824,055
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$135,945
Assessed improvement
$688,110
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1971
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Units
13
Bathrooms
22
Total area
13,794 SF
Lot
0.36 ac (15,636 SF)
Zoning code
LARD1.5
APN
2368-018-040
UPID
US09-8460217
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LARD1.5 · Studio City, CA
Zoning LARD1.5 · permitted uses
LARD1.5 · 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
1971
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
13
Bathrooms
22
Lot
0.36 ac
Current owner
From public records · entity-resolved
George E Wendt
Individual
Free & Clear · 1 yrs held
Mailing address
3337 ESSEX JCT CT, THOUSAND OAKS, CA 91362-1135
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2024
—
George E Wendt
George E Wendt
Intrafamily Transfer
related
—
Feb 6, 2023
—
George E Wendt
George E Wendt
Intrafamily Transfer
related
—
Apr 26, 2016
—
George E Wendt
Wendt George & Vilma Trust
Quit Claim Deed
related
—
Jun 29, 2015
—
Wendt,george & Vilma Trust
Wendt George & Vilma Trust
Quit Claim Deed
related
—
Jul 30, 2014
—
Wendt,george & Vilma Trust
Wendt,vilma A
Affidavit Of Death
related
—
Oct 26, 2009
—
Wendt George & Vilma Trust
Wendt,george E & Vilma
Quit Claim Deed
related
—
Oct 19, 1972
—
—
—
Grant Deed
related
—
—
—
George E Wendt
—
Deed Of Trust
related
$400,000 · American Savings Bank
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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