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Property profile & analytics
OFF-MARKET
Estimated value
$9,450,000
Office buildings
7111 Winnetka Ave Winnetka, CA 91306-3672
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8683831
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1979
Total area
21,489 SF
Lot
1.74 ac (75,681 SF)
Zoning code
LAC2
APN
2135-038-016
UPID
US09-8683831
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
-
Women's Healthcare Connection Physician
-
Access Imaging Medical Clinic
-
Dr. Nathan D Ford Physician Medical Clinic
-
LEAH CHENG ACUPUNCTURE CLINIC Medical Clinic Alternative Medicine Practice
-
Go Green Ambulance Ambulance Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.45M
CAP Approach
CAP
$7.71M
Comparable Approach
Comparable
$10.19M
Blend (final)
Blend
$9.45M
Owner & transaction history
Magnolia Educational Research Found · 1 yrs held
Magnolia Educational Research Found
since 2024
Last sale
$9.5M
7 recorded transactions
Zoning & alternative use
LAC2 · Winnetka, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$14.0M
+102.1%
Neighborhood: shopping center
$13.1M
+88.9%
Auto repair, garage
$9.9M
+43.6%
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 Winnetka submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Winnetka 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
$9,450,000
ML approach
$9,450,000
CAP Approach
CAP Return
Estimation
6%
$8,350,000
6.5%
$7,710,000
7%
$7,160,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$6,925,000
Current use
RESTAURANT
$13,995,000
Change: +102% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$13,080,000
Change: +89% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,940,000
Change: +44% · Conversion: Difficult
MEDICAL BUILDING
$9,770,000
Change: +41% · Conversion: Easy
RETAIL STORES
$9,425,000
Change: +36% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$6,485,000
Change: -6% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,365,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$9.45M
Range $8.51M – $10.40M · ±10% · vs last sale $9.45M (Aug 2 2024)
Last sale anchor
$9.45M
Aug 2 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
$440 / 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
$121,559
Tax year 2024
Assessed value
$9,639,000
Assessed 2024
Previous assessed
$9,639,000
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$9,639,000
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
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1979
Heating
NONE
Cooling
YES
Stories
1
Total area
21,489 SF
Lot
1.74 ac (75,681 SF)
Zoning code
LAC2
APN
2135-038-016
UPID
US09-8683831
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Winnetka, CA
Zoning LAC2 · permitted uses
LAC2 · Winnetka, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Winnetka. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$6.9M
RESTAURANT
Est. value
$14.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$13.1M
AUTO REPAIR, GARAGE
Est. value
$9.9M
MEDICAL BUILDING
Est. value
$9.8M
RETAIL STORES
Est. value
$9.4M
INDUSTRIAL (GENERAL)
Est. value
$6.5M
COMMERCIAL (GENERAL)
Est. value
$6.4M
OFFICE BUILDING Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
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
1979
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.74 ac
Current owner
From public records · entity-resolved
Magnolia Educational Research Found
Individual
Mailing address
250 E 1ST ST STE #1500, LOS ANGELES, CA 90012-3811
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2024
—
Magnolia Educational Research Found
Mpm Sherman Winnetka LLC
Intrafamily Transfer
related
—
Oct 21, 2022
$9,450,000
Mpm Sherman Winnetka LLC
Rainbow Investments LLC
Grant Deed
$2,400,000 · Cli Capital
Oct 30, 2017
—
Winnetka Life Partners LLC
—
Deed
related
$1,200,000 · Grandpoint Bank
Jan 9, 2017
$620,000
Rainbow Invs
Rainbow Invs
Grant Deed
related
—
Oct 5, 2015
$1,200,000
Rainbow Invs
Amir & Leila LLC
Grant Deed
—
Sep 2, 2015
$3,700,000
Amir & Leila LLC
Luxor Building INC
Grant Deed
$2,000,000 · Luxor Building INC
Aug 3, 2000
$1,400,000
Soliman A Soliman
Trol Realty LLC
Grant Deed
$1,000,000 · Us Bank NA
Sep 3, 1999
$162,000
Trol Realty
Friendly Hills Healthcare,
Grant Deed
—
Jan 11, 1996
$750,000
Friendly Hills Healthcare
Cigna Healthcare Of Ca INC
Grant Deed
—
—
—
Rainbow Investments LLC
—
Deed Of Trust
related
$1,200,000 · Private Individual
—
—
Luxor Building INC
—
Deed Of Trust
related
$500,000 · E Central Cu
—
—
Luxor Building INC
—
Deed Of Trust
related
$500,000 · E Central Cu
—
—
Luxor Building INC
—
Deed Of Trust
related
$500,000 · E Central Cu
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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