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Property profile & analytics
OFF-MARKET
Estimated value
$2,505,000
Investment properties
1110 Western Ave Los Angeles, CA 90029-1088
Individually Owned
23-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7280043
Property summary
AI-generated overview
This exceptional two-story medical office building, located at 1110 N Western Ave in Los Angeles, CA 90029, offers multiple suites for lease. Built in 1995, the property boasts a total of 12,892 square feet, with a minimum divisible space of 200 square feet and a maximum contiguous space of 819 square feet. Currently, 1,634 square feet are vacant and ready for immediate occupancy. The building is situated in Los Angeles County, enjoying a highly visible location just north of the Santa Monica Boulevard and Western Avenue intersection. Western Avenue is a major north-south artery in Los Angeles, experiencing high traffic volume exceeding 43,000 cars daily. This prime location benefits from a dense population exceeding 500,000 people within a three-mile radius. The East Hollywood area is experiencing significant revitalization, with numerous national retailers establishing a presence nearby. This presents a unique opportunity for medical professionals seeking a well-located, modern space in a thriving community. The property's convenient access and high visibility make it an ideal location for a variety of medical practices. Inquire today to learn more about leasing opportunities.
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1995
Construction
TILT-UP CONCRETE
Total area
12,892 SF
Lot
0.3 ac (13,000 SF)
Zoning code
LAC4
APN
5536-010-036
UPID
US09-7280043
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
-
Royal's Driving School Training Center Vocational School
-
Cal-General Insurance Services, Inc. Insurance Agency
-
Grace Choi Alternative Medicine Practice
-
Cal General Insurance Insurance Agency
-
Dr. Nabila E. Gindi, MD Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.51M
Owner & transaction history
Gindi,tr · 23 yrs held
Gindi,tr
since 2003
5 recorded transactions
Zoning & alternative use
LAC4 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Los Angeles submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Los Angeles 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,860,000
Current use
INDUSTRIAL (GENERAL)
$3,650,000
Change: -6% · Conversion: Moderate
Blend value · Realmo final
$2.51M
Range $2.25M – $2.76M · ±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
$194 / 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
$39,304
Tax year 2024
Assessed value
$3,130,561
Assessed 2024
Previous assessed
$3,130,561
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$1,070,402
Assessed improvement
$2,060,159
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1995
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
12,892 SF
Lot
0.3 ac (13,000 SF)
Zoning code
LAC4
APN
5536-010-036
UPID
US09-7280043
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC4 · Los Angeles, CA
Zoning LAC4 · permitted uses
LAC4 · Los Angeles, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Los Angeles. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.9M
INDUSTRIAL (GENERAL)
Est. value
$3.7M
COMMERCIAL (GENERAL) Current
INDUSTRIAL (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
1995
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Gindi,tr
Individual
Mailing address
621 N HIGHLAND AVE, LOS ANGELES, CA 90036-2017
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 11, 2003
—
Gindi,tr
Gindi,magdi R & Nabila E
Quit Claim Deed
related
—
Nov 3, 1994
—
Gindi Magdi R Co Tr
—
Deed Of Trust
related
—
Oct 6, 1993
—
Gindi,christine Tr
—
Deed Of Trust
related
—
Dec 23, 1992
—
Gindi Magdi R
—
Deed Of Trust
related
—
—
—
Gindi,tr
—
Deed Of Trust
related
$1,000,000 · Greenpoint Mortgage Funding
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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