Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,585,000
Medical Office Space
1346 5th St Los Angeles, CA 90017
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0459354
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1928
Construction
CONCRETE
Total area
13,095 SF
Lot
0.2 ac (8,639 SF)
Zoning code
LACW
APN
5152-001-004
UPID
US10-0459354
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
$3.74M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.59M
Owner & transaction history
Coree LLC · 8 yrs held
Coree LLC
since 2017
7 recorded transactions
Zoning & alternative use
LACW · 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%
$4,050,000
6.5%
$3,735,000
7%
$3,470,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$5,965,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$5,545,000
Change: -7% · Conversion: Difficult
RETAIL STORES
$5,375,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$3.59M
Range $3.23M – $3.94M · ±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
$274 / 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
$63,783
Tax year 2024
Assessed value
$5,194,187
Assessed 2024
Previous assessed
$5,194,187
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,046,801
Assessed improvement
$4,147,386
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1928
Construction
CONCRETE
Heating
NONE
Stories
2
Total area
13,095 SF
Lot
0.2 ac (8,639 SF)
Zoning code
LACW
APN
5152-001-004
UPID
US10-0459354
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LACW · Los Angeles, CA
Zoning LACW · permitted uses
LACW · 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
MEDICAL BUILDING Current
Est. value
$6.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.5M
RETAIL STORES
Est. value
$5.4M
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1928
Construction
CONCRETE
Heating
NONE
Stories
2
Lot
0.2 ac
Current owner
From public records · entity-resolved
Coree LLC
Entity
Mailing address
800 ROOSEVELT #200, IRVINE, CA 92620-3663
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2017
—
Coree LLC
Coree Co Ltd
Quit Claim Deed
—
Oct 18, 2016
$5,400,000
Hmg Co Ltd
Para Los Ninos
Grant Deed
—
Sep 26, 2008
—
Los Ninos Para
—
Deed Of Trust
related
$1,500,000 · Pacific Mercantile Bank
May 12, 2005
—
Los Ninos Para
Bieker,robin J & Denise H
Grant Deed
—
Feb 3, 2003
—
Robin J Bieker
—
Trustees Deed
related
$840,000 · Community Bank NA
Mar 9, 2000
$375,500
D And M Enterprises LLC
—
Grant Deed
related
—
May 11, 1999
$510,732
Ba Properties INC
Landver,leon & Yana
Trustees Deed
—
Jul 31, 1996
—
Leon Landver
—
Deed Of Trust
related
$6,000,000 · Pt Bank Negra Indonesia
Mar 29, 1989
$163,000
Leon Landver
Unknown
Grant Deed
—
—
—
Los Ninos Para
—
Deed Of Trust
related
$750,000 · Pacific Mercantile Bank
—
—
Robin J Bieker
—
Deed Of Trust
related
$1,425,000 · California National Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1346 5th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
