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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Valley Village, CA 91607

    • Parking lots & garages
    • 6,000 SF
    • 0.14 lot acres
    OFF-MARKET
    Last Sale
    Mar 14, 2023
    $900,009
    Value Estimations
    $715,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-9485877
    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.

    Current Use by Public Records

    • Parking lots & garages

    Property Details for Valley

    Lot size
    0.14 lot acres
    Property size
    6,000 SF
    Zone code
    LAC2
    Property type
    Parking lots & garages
    APN
    2348-014-037
    APU
    2348014037

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $625,000
      ML approach
      $540,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $622,000
      Market price range: $140k - $623k

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

    Location Insight

    • Map
    • Local Demand
    City
    Village
    County
    Los Angeles
    State
    California
    Longitude
    -118.396
    Latitude
    34.1689
    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
    $14,223
    $1,122,000
    $30,600
    $1,152,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      6,300 SF

      Valley

      PARKING LOT • 6,300 SF
      Valley, Village, CA 91607
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      3,300 SF

      5551 Whitsett Ave

      PARKING LOT • 3,300 SF
      5551 Whitsett Ave, Valley Village, CA 91607
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    • Value Estimation
      $705,000
      8,314 SF

      5410 Laurel Cyn Blvd

      PARKING LOT • 8,314 SF
      5410 Laurel Cyn Blvd, Valley Village, CA 91607
      View Details
    • Value Estimation by Request
      6,875 SF

      12116 La Maida St

      PARKING LOT • 6,875 SF
      12116 La Maida St, Valley Village, CA 91607
      View Details
    • Value Estimation by Request
      13,650 SF

      12032 Chandler Blvd

      PARKING LOT • 13,650 SF
      12032 Chandler Blvd, Valley Village, CA 91607
      View Details
    • Value Estimation by Request
      1,640 SF

      12040 Riverside Dr

      PARKING LOT • 1,640 SF
      12040 Riverside Dr, Valley Village, CA 91607
      View Details

    Similar Nearby for Sale

    • New
      $55,000
      1,200 SF

      Established Mechanic Shop in Valley Village

      Turn-key mechanic shop with equipment, inventory, and licenses included.
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      Established Mechanic Shop For Sale

      Fully operational mechanic shop in Valley Village with equipment included.
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    • $2,995,000
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      Valley Village Multifamily Investment Opportunity

      Six-unit apartment building in Valley Village, offering stability and upside.
      12315 Burbank Blvd, Valley Village, CA 91607
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    • $2,995,000

      Commercial Land for Sale

      Commercial land available for sale.
      12315 Burbank Blvd, Los Angeles, CA 91607
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    • New
      $1,150,000
      1,325 SF

      Remodeled Duplex in Valley Village

      Newly remodeled duplex in Valley Village, move-in ready or for lease.
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    • $3,800,000
      11,922 SF

      Valley Village Multifamily Investment

      16-unit apartment complex, high ROI.
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    Similar Nearby for Lease

    • Contact for pricing
      17,500 SF

      Free Standing Commercial Building

      Free standing commercial building with warehouse, office, and showroom space.
      12640 Riverside Dr, Valley Village, CA 91607
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      5,543 SF

      Village Medical Center: Prime Space

      Los Angeles Medical Office Space For Lease
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      View Details
    • Contact for pricing
      1,326 SF

      Valley Village Office Space Available

      Office space for rent in Valley Village, California.
      4705 Laurel Canyon Blvd, Valley Village, CA 91607
      View Details
    • $3 SF/Yr
      33,732 SF

      Valley Village Office Space Available

      Office building for rent in Valley Village, San Fernando Valley.
      12626 Riverside Dr, Valley Village, CA 91607
      View Details
    • $35 SF/Yr
      2,365 SF

      Magnolia Blvd Office Suites

      Los Angeles Office Space Available
      12520 Magnolia Blvd, Los Angeles, CA 91607
      View Details
    • $2,950 /Mo
      1,100 SF

      Valley Village Remodeled Apartment with Terrace

      Remodeled 2 bed, 2 bath apartment in Valley Village.
      12014 Kling St, Valley Village, CA 91607
      View Details
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    Valley
    Village, CA 91607
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    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
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