Office buildings
Entity Owned
14-yr Hold
~
Est. High Equity
Entity Owned 
For Lease
1 / 6
Contact for pricing
312 N Gaffey St, Los Angeles, CA 90731
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Property summary
AI-generated overview
This exceptional 7,974 square foot medical office building, located at 312 N Gaffey St, Los Angeles, CA 90731, presents a rare opportunity. Situated in the desirable Beach Cities/Palos Verdes submarket, this Class B property boasts excellent street visibility and ample secure parking. Built in 1980, this two-story building offers multiple tenancy options, with a minimum divisible space of 1,000 square feet and a maximum contiguous space of 2,160 square feet. The property features multiple points of entry and two ADA-compliant restrooms, ensuring accessibility and convenience. The zoning is C2, and the Los Angeles County Assessor's Parcel Number (APN) is 7448-030-036. Ideal for a variety of medical practices, this space is ready for immediate occupancy. Its prime location near Sepulveda St provides easy access and high visibility for your business. The building does not have elevators. This is a unique opportunity to establish or expand your medical practice in a thriving coastal community. Contact us today to schedule a viewing.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Construction
WOOD
Total area
6,548 SF
Lot
0.23 ac (10,096 SF)
Zoning code
LAC2
APN
7448-030-036
UPID
US09-6525926
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.35M
Comparable Approach
Comparable
$1.23M
Blend (final)
Blend
$2.00M
Owner & transaction history
since 2012
7 recorded transactions
Zoning & alternative use
LAC2 · San Pedro, CA
Top alternative use upside
Auto repair, garage
$3.0M
+3.1%
Medical building
$3.0M
+1.4%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 29 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$2.00M
Value range
$1.80M – $2.19M
±10% around blend
Estimated value / SF
$305 / SF
Confidence
High
29 county-verified comps
Property data
88
Market benchmarks
33
Comparable evidence
100
Income certainty
100
$1.80M
blend $2.00M
$2.19M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
6,548 SF
Lot area
0.23 ac
Year built
1980
Stories
1
APN
7448-030-036
Assessed value
$1,657,000
Annual tax
$21,077
3
Income approach: direct capitalization
Partial preview
Income approach indication
$2.35M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$2.55M
@ 6.5% CAP return
$2.35M
@ 7% CAP return
$2.18M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$21,077
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$2.36M
Weighted, 20 comps · high confidence
Evidence
29 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
6.6 mi away · 7,034 SF
8.0 mi away · 7,912 SF
8.9 mi away · 4,800 SF
11.5 mi away · 6,132 SF
14.1 mi away · 5,598 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.00M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 2758 sales
$449
-32%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $305/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+3%
vs current-use indication
Medical Building
Office Building · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 29 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$716k
Move the market yield to see immediate price impact.
Value / SF
$109
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$45k
$902k
$644k
$501k
$50k
$1.00M
$716k
$557k
$55k
$1.10M
$788k
$613k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
29 found
High confidence · county-verified
Closest comparable
$1.85M
2.6 mi · Aug 2025 · $375/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$21,077
Tax year 2024
Assessed value
$1,657,000
Assessed 2024
Previous assessed
$1,657,000
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$514,000
Assessed improvement
$1,143,000
Applied tax rate
13.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1980
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
6,548 SF
Lot
0.23 ac (10,096 SF)
Zoning code
LAC2
APN
7448-030-036
UPID
US09-6525926
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · San Pedro, CAZoning LAC2 · permitted uses
LAC2 · San Pedro, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.23 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
LAC2
Jurisdiction
San Pedro, CA
Recorded code
LAC2
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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