Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4342 Tujunga Ave Studio City, CA 91604-2751
    Back to Search
    Property profile & analytics

    4342 Tujunga Ave, Studio City, CA 91604-2751

    View on Map
    • Retail space
    • 6,900 SF
    • 0.30 lot acres
    Off-Market
    Last Sale Sep 3, 2024
    Property ID
    US09-8430606
    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
    $1,835,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Serendipity Gift Shop / (Bike/Boat/Book/etc) Store
    • Giorlascoffee / Cafe & Coffee Shop

    Property Details for 4342 Tujunga Ave

    Year built
    1947
    Construction
    WOOD
    Lot size
    0.30 lot acres
    Zone code
    LAC2
    Property type
    Retail space
    APN
    2366-005-005
    APU
    2366005005

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 3, 2024 — Carole Hoffman Carole Hoffman Intrafamily Transfer · related —
    Apr 29, 2013 — Hoffman Trust Hoffman Family Trust Quit Claim Deed · related —
    Dec 4, 2012 — Zboyz Trust Gottlieb,ronda Z Grant Deed —
    Aug 9, 2010 — Hoffman Family Trust Hoffman,richard & Carole Quit Claim Deed · related —
    Oct 20, 1995 — Carole Hoffman Philipson M Trustee, Grant Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,545,000
      6.5%
      $2,350,000
      7%
      $2,180,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Studio City
    County
    Los Angeles
    State
    California
    Longitude
    -118.379
    Latitude
    34.1491
    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
    $6,864
    $439,739
    $32,556
    $472,295
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $10,105,000
      37,760 SF

      12555 Ventura Blvd

      RETAIL STORES (PERSONAL SERVICES)
      12555 Ventura Blvd, Studio City, CA 91604-2413
      View Details
    • Value Estimation by Request
      1,410 SF

      13259 Ventura Blvd

      RETAIL STORES (PERSONAL SERVICES)
      13259 Ventura Blvd, Studio City, CA 91604-1836
      View Details
    • Value Estimation
      $675,000
      2,796 SF

      12338 Ventura Blvd

      RETAIL STORES (PERSONAL SERVICES)
      12338 Ventura Blvd, Studio City, CA 91604-2508
      View Details
    • Value Estimation
      $1,830,000
      6,884 SF

      11701 Ventura Blvd

      RETAIL STORES (PERSONAL SERVICES)
      11701 Ventura Blvd, Studio City, CA 91604-2616
      View Details
    • Value Estimation
      $13,380,000
      50,833 SF

      12914 Ventura Blvd

      RETAIL STORES (PERSONAL SERVICES)
      12914 Ventura Blvd, Studio City, CA 91604
      View Details
    • Value Estimation by Request
      1,084 SF

      11656 Ventura Blvd

      RETAIL STORES (PERSONAL SERVICES)
      11656 Ventura Blvd, Studio City, CA 91604-2613
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Studio City Bistro and Cake House

      Bistro and Cake House in Studio City for sale.
      12930 Ventura Blvd, Studio City, CA 91604
      View Details
    • $2,245,000

      Studio City Commercial Property For Sale

      Commercial property in Studio City with retail and apartment space.
      Studio Ln, Studio City, CA 91604
      View Details
    • $3,250,000
      6,374 SF

      Studio City Mixed-Use Investment

      Prime Studio City location, high NOI.
      4340 Laurel Canyon Blvd, Los Angeles, CA 91604
      View Details
    • Contact for pricing
      4,300 SF

      Medical Retail on Ventura Boulevard

      Fully leased medical retail property in Studio City, California.
      12250 Ventura Blvd, Los Angeles, CA 91604
      View Details
    • Contact for pricing
      7,000 SF

      Renovated Media Property on Ventura

      Three-story, 7,000 SF media property in Studio City.
      11112 Ventura Blvd, Studio City, CA 91604
      View Details
    • Contact for pricing
      5,240 SF

      12616 Ventura Blvd, Los Angeles, CA 91604

      Retail space
      12616 Ventura Blvd, Los Angeles, CA 91604
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,156 SF

      Retail Space on Ventura Boulevard

      Retail property available for lease on Ventura Boulevard.
      12930 Ventura Blvd, Los Angeles, CA 91604
      View Details
    • Contact for pricing
      1,045 SF

      Studio City Retail Space Available

      Second floor retail space available in Studio City, California.
      4070-4074 Laurel Canyon Blvd, Studio City, CA 91604
      View Details
    • Contact for pricing
      13,526 SF

      Studio City Retail Space

      Retail space available in Studio City, CA.
      10989 Ventura Blvd, Studio City, CA 91604
      View Details
    • Contact for pricing

      Retail Space Nail Salon

      Plumbed nail salon with stations and aesthetician rooms available.
      12103 Ventura Blvd, Los Angeles, CA 91604
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Single tenant retail space available, approximately 822 square feet.
      12080 Ventura Pl, Los Angeles, CA 91604
      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.
    4342 Tujunga Ave
    Studio City, CA 91604-2751
    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
    4342 Tujunga Ave, Studio City, CA, 91604
    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!