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Property profile & analytics
FOR LEASE
Office buildings
5352 Laurel Canyon Blvd, Valley Village, CA 91607
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6331717
For Lease
1 / 14
$5,950,000
5352 Laurel Canyon Blvd, Valley Village, CA 91607
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1963
Construction
TILT-UP CONCRETE
Total area
15,089 SF
Lot
0.2 ac (8,772 SF)
Zoning code
LAC2
APN
2348-016-043
UPID
US09-6331717
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
-
Treeium Renovation Specialist General Contractor
-
1st Health Medical Group Medical Clinic
-
Treeium Energy Solar Energy Contractor
-
Treeium Inc. Construction Company General Contractor
-
Thrive Comprehensive Medical Group - North Hollywood Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.06M
CAP Approach
CAP
$5.42M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.95M
Owner & transaction history
Freeman Skywalk LLC · 3 yrs held
Freeman Skywalk LLC
since 2022
Last sale
$5.9M
7 recorded transactions
Zoning & alternative use
LAC2 · Valley Village, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.4M
+25.7%
Neighborhood: shopping center
$9.2M
+23.4%
Retail stores
$7.9M
+5.5%
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 Valley Village submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Valley Village 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
$5,940,000
ML approach
$6,055,000
CAP Approach
CAP Return
Estimation
6%
$5,865,000
6.5%
$5,415,000
7%
$5,025,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$7,445,000
Current use
RESTAURANT
$9,355,000
Change: +26% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$9,185,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$7,855,000
Change: +6% · Conversion: Moderate
COMMERCIAL (GENERAL)
$7,075,000
Change: -5% · Conversion: Easy
AUTO REPAIR, GARAGE
$6,910,000
Change: -7% · Conversion: Difficult
MEDICAL BUILDING
$6,860,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$5.95M
Range $5.36M – $6.55M · ±10% · vs last sale $5.90M (Jul 13 2022)
Last sale anchor
$5.90M
Jul 13 2022
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
$394 / 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
$59,908
Tax year 2024
Assessed value
$4,845,000
Assessed 2024
Previous assessed
$4,845,000
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$1,096,500
Assessed improvement
$3,748,500
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1963
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
15,089 SF
Lot
0.2 ac (8,772 SF)
Zoning code
LAC2
APN
2348-016-043
UPID
US09-6331717
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Valley Village, CA
Zoning LAC2 · permitted uses
LAC2 · Valley Village, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Valley Village. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$7.4M
RESTAURANT
Est. value
$9.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.2M
RETAIL STORES
Est. value
$7.9M
COMMERCIAL (GENERAL)
Est. value
$7.1M
AUTO REPAIR, GARAGE
Est. value
$6.9M
MEDICAL BUILDING
Est. value
$6.9M
OFFICE BUILDING Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1963
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Freeman Skywalk LLC
Entity
Mailing address
17955 MEDLEY DR, ENCINO, CA 91316-4377
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 13, 2022
$5,900,000
Freeman Skywalk LLC
Chandler Laurel Properties LLC
Grant Deed
$2,942,500 · Signature Bank
Jul 13, 2022
—
Freeman Skywalk LLC
—
Deed
related
$2,420,000 · Business Finance Capital
Nov 3, 2017
—
Chandler Laurel Properties LLC
—
Grant Deed
related
$1,800,000 · Community Commerce Bk
Jun 4, 2015
—
Chandler Laurel Properties LLC
Karasov Mitchell A
Quit Claim Deed
—
Dec 9, 2003
$2,080,000
Michell A Karasov
Metcalf,tr
Grant Deed
$1,870,000 · Us Bank NA
Aug 27, 2002
—
Metcalf,tr
Patrician Associates
Grant Deed
$8,775,000 · Washington Mutual Fsb
Sep 18, 2001
—
—
—
Grant Deed
related
—
Dec 30, 1988
$14,250,000
Patrician Associates INC
Unknown
Grant Deed
—
—
—
Mitchell A Karasov
—
Deed Of Trust
related
$68,951 · Plotkin Marutani & Kaufman LLP
—
—
Mitchell A Karasov
—
Deed Of Trust
related
—
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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