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Property profile & analytics
OFF-MARKET
Estimated value
$10,000,000
Office buildings
5915 Sepulveda Blvd, Culver City, CA 90230
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9605197
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1973
Construction
TILT-UP CONCRETE
Total area
24,086 SF
Lot
0.5 ac (21,779 SF)
Zoning code
CCC3*
APN
4134-001-001
UPID
US09-9605197
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.00M
CAP Approach
CAP
$9.38M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.00M
Owner & transaction history
Caster Modelo LLC · 2 yrs held
Caster Modelo LLC
since 2024
Last sale
$10.0M
7 recorded transactions
Zoning & alternative use
CCC3* · Culver City, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$13.1M
+8.3%
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 Culver City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Culver 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
$10,000,000
ML approach
$10,000,000
CAP Approach
CAP Return
Estimation
6%
$10,165,000
6.5%
$9,380,000
7%
$8,710,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$12,090,000
Current use
AUTO REPAIR, GARAGE
$13,095,000
Change: +8% · Conversion: Difficult
MEDICAL BUILDING
$10,970,000
Change: -9% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$10,200,000
Change: -16% · Conversion: Difficult
RETAIL STORES
$9,890,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$10.00M
Range $9.00M – $11.00M · ±10% · vs last sale $10.00M (Feb 26 2024)
Last sale anchor
$10.00M
Feb 26 2024
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
$415 / 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
$157,331
Tax year 2024
Assessed value
$12,940,529
Assessed 2024
Previous assessed
$12,940,529
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$7,311,690
Assessed improvement
$5,628,839
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
Off-Market
Year built
1973
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
24,086 SF
Lot
0.5 ac (21,779 SF)
Zoning code
CCC3*
APN
4134-001-001
UPID
US09-9605197
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CCC3* · Culver City, CA
Zoning CCC3* · permitted uses
CCC3* · Culver City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Culver City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$12.1M
AUTO REPAIR, GARAGE
Est. value
$13.1M
MEDICAL BUILDING
Est. value
$11.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$10.2M
RETAIL STORES
Est. value
$9.9M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1973
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Caster Modelo LLC
Entity
Mailing address
1536 S ALAMEDA ST, LOS ANGELES, CA 90021-2836
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2024
$10,000,000
Caster Modelo LLC
Reading Properties LLC
Grant Deed
—
Dec 14, 2016
—
Reading Properties LLC
—
Deed
related
$8,362,500 · Citizens Asset Fin
Apr 11, 2016
$11,150,000
Reading Properties LLC
5995 Sepulveda Properties LLC
Grant Deed
—
Jun 29, 2009
$7,891,500
5995 Sepulveda Properties LLC
5995 S Sepulveda LLC
Grant Deed
$2,015,000 · Union Bank Of California
Jan 24, 2006
—
5995 S Sepulveda LLC
Glasgow 1988 Trust
Grant Deed
—
Jul 2, 2004
—
Edmondson,tr
Edmondson,tr
Quit Claim Deed
related
—
Aug 10, 1993
—
Edmondson John B Co Tr
—
Deed Of Trust
related
—
Feb 9, 1990
—
John B Edmondson
Edmon
Quit Claim Deed
related
—
—
—
5995 Sepulveda Properties LLC
—
Deed Of Trust
related
$1,999,000 · Cdc Small Business Finance Co
—
—
5995 Sepulveda Properties LLC
—
Deed Of Trust
related
$6,000,000 · Michael Schwartz
—
—
Reading Properties LLC
—
Deed Of Trust
related
$8,362,500 · Citizens Asset Fin
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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