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Property profile & analytics
OFF-MARKET
Estimated value
$6,425,000
Retail space
9000 Venice Blvd Culver City, CA 90232
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7464780
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1984
Construction
TILT-UP CONCRETE
Total area
20,202 SF
Lot
1.1 ac (47,800 SF)
Zoning code
LAM1
APN
4206-033-077
UPID
US09-7464780
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
$7.22M
Comparable Approach
Comparable
$3.86M
Blend (final)
Blend
$6.43M
Owner & transaction history
Retail Center 9000 Venice LLC · 7 yrs held
Retail Center 9000 Venice LLC
since 2018
7 recorded transactions
Zoning & alternative use
LAM1 · Culver City, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$10.1M
+22.2%
Medical building
$9.2M
+11.0%
Neighborhood: shopping center
$8.6M
+3.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,815,000
6.5%
$7,215,000
7%
$6,700,000
Alternative Use
Use
Estimation
RETAIL STORES
$8,295,000
Current use
OFFICE BUILDING
$10,140,000
Change: +22% · Conversion: Easy
MEDICAL BUILDING
$9,205,000
Change: +11% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$8,555,000
Change: +3% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$7,625,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$6.43M
Range $5.78M – $7.07M · ±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
$318 / 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
$234,609
Tax year 2024
Assessed value
$19,149,741
Assessed 2024
Previous assessed
$19,149,741
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$19,138,806
Assessed improvement
$10,935
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1984
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
20,202 SF
Lot
1.1 ac (47,800 SF)
Zoning code
LAM1
APN
4206-033-077
UPID
US09-7464780
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAM1 · Culver City, CA
Zoning LAM1 · permitted uses
LAM1 · 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
RETAIL STORES Current
Est. value
$8.3M
OFFICE BUILDING
Est. value
$10.1M
MEDICAL BUILDING
Est. value
$9.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.6M
RETAIL STORES Current
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
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
1984
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
1.1 ac
Current owner
From public records · entity-resolved
Retail Center 9000 Venice LLC
Entity
Mailing address
1964 WESTWOOD BLVD STE #240, LOS ANGELES, CA 90025-8404
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2018
$27,000,000
Retail Center 9000 Venice LLC
9000 Venice Partners L P
Grant Deed
$10,000,000 · City National Bank
Jun 2, 2017
—
9000 Venice Partners LP
—
Grant Deed
related
$6,000,000 · Miscellaneous Ins Co
Nov 16, 2009
—
Knj Restaurants LLC
—
Grant Deed
related
$3,500,000 · Bank Of America California NA
Feb 11, 2004
—
9000 Venice Partners LP
9000 Venice Partners
Quit Claim Deed
related
$4,000,000 · East West Bank
Oct 16, 2002
—
9000 Venice Partners
—
Deed Of Trust
related
$3,500,000 · United Commercial Bank
Apr 24, 1998
$1,556,000
9000 Venice Partners
—
Grant Deed
related
—
—
—
Knj Restaurants LLC
—
Deed Of Trust
related
$869,500 · Bank Of Santa Barbara
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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