Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,850,000
Warehouses
658 Venice Blvd Venice, CA 90291-4801
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US09-8799609
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1999
Construction
TILT-UP CONCRETE
Total area
80,874 SF
Lot
1.42 ac (61,855 SF)
Zoning code
LAM1
APN
4237-002-006
UPID
US09-8799609
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.30M
Blend (final)
Blend
$5.85M
Owner & transaction history
Extra Space Properties Two LLC · 11 yrs held
Extra Space Properties Two LLC
since 2015
7 recorded transactions
Zoning & alternative use
LAM1 · Venice, 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 Venice submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Venice 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.85M
Range $5.27M – $6.44M · ±10%
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
$72 / 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
$210,999
Tax year 2024
Assessed value
$16,901,957
Assessed 2024
Previous assessed
$16,901,957
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$10,865,545
Assessed improvement
$6,036,412
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1999
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
80,874 SF
Lot
1.42 ac (61,855 SF)
Zoning code
LAM1
APN
4237-002-006
UPID
US09-8799609
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAM1 · Venice, CA
Zoning LAM1 · permitted uses
LAM1 · Venice, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Venice. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.42 ac
Current owner
From public records · entity-resolved
Extra Space Properties Two LLC
Entity
Mailing address
PO BOX 71870, SALT LAKE CITY, UT 84171-0870
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2015
—
Extra Space Properties Two LLC
Extra Space Properties Eighty
Quit Claim Deed
—
Jun 24, 2013
—
Space Props Eighty Six Extra
Extra Space Of Venice LLC
Quit Claim Deed
$57,694,000 · Pnc Bank
Sep 27, 2010
—
Extra Space Of Venice LLC
658 Venice Ltd
Quit Claim Deed
related
—
Aug 11, 1998
—
658 Venice Limited
—
Grant Deed
related
$3,500,000 · Wells Fargo Bank
Apr 30, 1997
$1,600,000
658 Venice Ltd
Hubbard,william A & Phyllis H
Grant Deed
—
Feb 11, 1994
—
Hubbard W A Co Tr
—
Deed Of Trust
related
—
Nov 8, 1993
—
Dean M Hull
—
Deed Of Trust
related
—
Jul 15, 1993
—
Hull Dean M
—
Deed Of Trust
related
—
Jun 29, 1992
—
Hubbard William A Co Tr
—
Deed Of Trust
related
—
Apr 29, 1992
—
Hull Dean M Kathryn O
—
Deed Of Trust
related
—
Jan 15, 1992
—
Hull Dean M Kathryn O
—
Deed Of Trust
related
—
—
—
658 Venice Ltd
—
Deed Of Trust
related
$6,585,000 · First Federal Bank Ca
—
—
658 Venice Ltd
—
Deed Of Trust
related
$4,600,000 · California Federal Bank
—
—
658 Venice Ltd
—
Deed Of Trust
related
$7,500,000 · Prudential Mortgage Capital Co
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 658 Venice Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
