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Property profile & analytics
FOR SALE
Investment properties
710 N Van Ness Ave Los Angeles, CA 90038
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7337072
For Sale
1 / 12
$3,400,000
710 N Van Ness Ave, Los Angeles, CA 90038
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1924
Construction
WOOD
Total area
7,152 SF
Lot
0.14 ac (6,191 SF)
Zoning code
LAC4
APN
5535-002-002
UPID
US09-7337072
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
-
Midhaven Salon Hair Salon
-
Cookie Jar Creative Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.55M
Blend (final)
Blend
$1.43M
Owner & transaction history
Skylight Ventures Vn 1 LLC · 6 yrs held
Skylight Ventures Vn 1 LLC
since 2019
7 recorded transactions
Zoning & alternative use
LAC4 · Los Angeles, 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 Los Angeles submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Los Angeles 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
$1.43M
Range $1.28M – $1.57M · ±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
$199 / 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
$37,613
Tax year 2024
Assessed value
$3,030,920
Assessed 2024
Previous assessed
$3,030,920
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$2,251,623
Assessed improvement
$779,297
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1924
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Bathrooms
6
Total area
7,152 SF
Lot
0.14 ac (6,191 SF)
Zoning code
LAC4
APN
5535-002-002
UPID
US09-7337072
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC4 · Los Angeles, CA
Zoning LAC4 · permitted uses
LAC4 · Los Angeles, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Los Angeles. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1924
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
6
Lot
0.14 ac
Current owner
From public records · entity-resolved
Skylight Ventures Vn 1 LLC
Entity
Mailing address
2396 LEXINGTON DR, VENTURA, CA 93003-2638
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2021
—
Skylight Ventures Vn 1 LLC
—
Deed
related
$2,000,000 · Ctbc Bank Corp USA
Oct 18, 2019
$2,826,000
Skylight Ventures Vn 1 LLC
Hidalgo LLC
Grant Deed
$1,836,900 · Luther Burbank Savings
Oct 18, 2019
—
Zachary J Freehling
Madelyn J Freehling
Quit Claim Deed
related
—
Feb 24, 2017
—
Hidalgo LLC
—
Deed
related
$1,920,000 · Banc Of California NA
Aug 27, 2013
—
Sebren Holdings LLC
Angel Coin Service
Quit Claim Deed
related
—
Aug 27, 2013
$1,640,000
Hidalgo LLC
Sebren Holdings LLC
Grant Deed
—
Sep 12, 2007
—
Sebren Holdings LLC
Sebren Dev LLC
Quit Claim Deed
related
$600,000 · Sovereign Bank
Jun 26, 2007
$1,415,000
Sebren Development LLC
Van Ness Holding LLC
Grant Deed
$386,000 · Lone Oak Fund LLC
Jun 30, 2006
—
Van Ness Holdings LLC
Burger,mitchell I
Grant Deed
$740,000 · One United Bank
Apr 29, 1999
$395,000
Burger,mitchell I
First Team Development Corp
Trustees Deed
$276,500 · First Fidelity Thrift & Loan
Apr 29, 1999
—
Mitchell I Burger
Burger,k C
Quit Claim Deed
related
—
Oct 28, 1994
—
Andrew Kwiat
First Team Dev,
Grant Deed
related
—
May 6, 1994
$170,000
First Team Development Co INC
Benefield,robert
Grant Deed
related
$110,000 · Seller
—
—
Sebre Holdings LLC
—
Deed Of Trust
related
$600,000 · Lone Oak Fund LLC
—
—
First Team Development Co INC
—
Deed Of Trust
related
$50,000 · Individual
—
—
Mitchell I Burger
—
Deed Of Trust
related
$426,000 · Imperial Capital Bank
—
—
David I Houck
—
Deed Of Trust
related
$80,000 · Gf Holdings LLC
—
—
First Team Dev Co INC
—
Deed Of Trust
related
$100,000 · Individual
—
—
First Team Development Co INC
—
Deed Of Trust
related
$30,400 · Individual
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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