Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    918 Venice Blvd Los Angeles, CA 90015-3230
    Back to Search
    Property profile & analytics

    918 Venice Blvd, Los Angeles, CA 90015-3230

    View on Map
    • Manufacturing properties
    • 6,348 SF
    • 0.19 lot acres
    Off-Market
    Property ID
    US09-7683559
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $935,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 918 Venice Blvd

    Year built
    1979
    Construction
    TILT-UP CONCRETE
    Lot size
    0.19 lot acres
    Zone code
    LAM1
    Property type
    Manufacturing properties
    APN
    5135-028-022
    APU
    5135028022

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 19, 2025 — Raf Lt Venice LLC Raf Lt Venice LLC Deed · related $1.5M · Kansas City Life Insurance Company
    Jun 28, 2019 $1,590,000 Raf Lt Venice LLC Raf Lt Venice LLC Grant Deed · related —
    Sep 22, 2016 — Raf Lt Venice LLC 918 Venice Properties II LLC Quit Claim Deed —
    Apr 5, 2016 $666,000 918 Venice Properties II LLC Roseman Gift LLC Grant Deed —
    Mar 17, 2016 — Roseman Gift LLC 918 Venice Properties II LLC Grant Deed —
    Feb 21, 2007 — 918 Venice Properties LLC Freeman B Living Trust Grant Deed —
    Aug 8, 2002 — Freeman,tr Freeman,tr Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,315,000
      6.5%
      $1,215,000
      7%
      $1,125,000

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,450,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.276
    Latitude
    34.0399
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $17,634
    $1,004,361
    $387,347
    $1,391,708
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $4,535,000
      41,200 SF

      1825 Hl St

      MANUFACTURING (LIGHT)
      1825 Hl St, Los Angeles, CA 90015-3535
      View Details
    • Value Estimation
      $1,180,000
      8,550 SF

      120 15th St

      MANUFACTURING (LIGHT)
      120 15th St, Los Angeles, CA 90015-2513
      View Details
    • Value Estimation
      $730,000
      7,192 SF

      1828 Flower St

      MANUFACTURING (LIGHT)
      1828 Flower St, Los Angeles, CA 90015-3424
      View Details
    • Value Estimation
      $5,385,000
      57,150 SF

      917 Maple Ave

      MANUFACTURING (LIGHT)
      917 Maple Ave, Los Angeles, CA 90015-1884
      View Details
    • Value Estimation
      $1,630,000
      15,840 SF

      914 Maple Ave

      MANUFACTURING (LIGHT)
      914 Maple Ave, Los Angeles, CA 90015
      View Details
    • Value Estimation
      $1,445,000
      9,300 SF

      1220 Hope St

      MANUFACTURING (LIGHT)
      1220 Hope St, Los Angeles, CA 90015
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,500 SF

      Retail and Industrial Space

      7,500 SqFt retail and industrial space available for sale.
      612 E 12Th St, Los Angeles, CA 90015
      View Details
    • $2,300,000
      6,468 SF

      Downtown Los Angeles Retail/Industrial Property

      Prime Downtown Los Angeles industrial/retail property for sale.
      1424 Main St, Los Angeles, CA 90015
      View Details
    • Contact for pricing
      20,230 SF

      Fire Damaged Corner Building

      Two parcels with rehab potential at 12th & Los Angeles.
      201 S Los Angeles St, Los Angeles, CA 90015
      View Details
    • $2,950,000

      Fashion District Industrial Building

      Industrial building in the Fashion District, live/work permissible.
      Los, Los Angeles, CA 90015
      View Details
    • $850,000
      2,332 SF

      Versatile Showroom/Warehouse Space Available

      2,332 SF showroom/storage/warehouse/office space with parking.
      1100 S San Pedro St, Los Angeles, CA 90015
      View Details
    • $2,800,000
      7,250 SF

      Commercial Units in DTLA

      Three commercial units totaling 7,250 SF in Downtown Los Angeles.
      1015-1019 San Julian St, Los Angeles, CA 90015
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      15,002 SF

      Industrial Space with Heavy Power

      Industrial space available for lease, cannabis operator accepted.
      1127 Wall St, Los Angeles, CA 90015
      View Details
    • Contact for pricing
      14,000 SF

      Fashion District Storage & Manufacturing

      Storage and manufacturing space in the heart of LA Fashion District.
      1146 San Julian St, Los Angeles, CA 90015
      View Details
    • Contact for pricing
      3,700 SF

      Remodeled Warehouse/Office Space Available

      Second-floor, fully air-conditioned warehouse/office with gated parking.
      1801 S Hill St, Los Angeles, CA 90015
      View Details
    • Contact for pricing
      6,000 SF

      Downtown LA Warehouse Space

      6,000 SF warehouse in the Fashion District for rent.
      590 E 16Th St, Los Angeles, CA 90015
      View Details
    • Contact for pricing
      18,500 SF

      Warehouse with Bow Truss Roof

      Warehouse with natural light, near Crypto Arena and Convention Center.
      1341-1367 S Flower St, Los Angeles, CA 90015
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    918 Venice Blvd
    Los Angeles, CA 90015-3230
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    918 Venice Blvd, Los Angeles, CA, 90015
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!