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Property profile & analytics
OFF-MARKET
Estimated value
$55,010,000
Hospitals
1355 San Pablo St, Los Angeles, CA 90033-1035
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7412152
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1976
Construction
CONCRETE
Total area
75,589 SF
Lot
0.98 ac (42,685 SF)
Zoning code
LAC2
APN
5201-006-022
UPID
US09-7412152
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
-
Sadda Srinivas R MD Ophthalmologist
-
DIRC Medical Clinic Ophthalmologist
-
Erol Kosar Physician
-
Dr. Elaine Kaptein Physician Medical Clinic
-
Dr. Fred Sattler Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$53.88M
Blend (final)
Blend
$55.01M
Owner & transaction history
University Of Southern California · 4 yrs held
University Of Southern California
since 2021
Last sale
$57.0M
3 recorded transactions
Zoning & alternative use
LAC2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$62.2M
+80.6%
Auto repair, garage
$41.1M
+19.3%
Office building
$37.9M
+10.2%
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
$52,160,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$34,435,000
Current use
RESTAURANT
$62,175,000
Change: +81% · Conversion: Difficult
AUTO REPAIR, GARAGE
$41,090,000
Change: +19% · Conversion: Difficult
OFFICE BUILDING
$37,935,000
Change: +10% · Conversion: Easy
Blend value · Realmo final
$55.01M
Range $49.51M – $60.51M · ±10% · vs last sale $57.00M (Nov 12 2021)
Last sale anchor
$57.00M
Nov 12 2021
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
$728 / 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
$5,478
Tax year 2024
Assessed value
$59,302,800
Assessed 2024
Previous assessed
$59,302,800
+0.0% YoY
Effective rate
0.01%
On assessed value
Assessed land
$10,404,000
Assessed improvement
$48,898,800
Applied tax rate
12.0000
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
1976
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
75,589 SF
Lot
0.98 ac (42,685 SF)
Zoning code
LAC2
APN
5201-006-022
UPID
US09-7412152
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Los Angeles, CA
Zoning LAC2 · permitted uses
LAC2 · 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
$34.4M
RESTAURANT
Est. value
$62.2M
AUTO REPAIR, GARAGE
Est. value
$41.1M
OFFICE BUILDING
Est. value
$37.9M
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1976
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.98 ac
Current owner
From public records · entity-resolved
University Of Southern California
Individual
Mailing address
620 MC CARTHY WAY #5, LOS ANGELES, CA 90089-2602
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2021
$57,000,000
University Of Southern California
Doheny Eye Institute
Grant Deed
—
Sep 18, 2013
—
Doheny Eye Institute
Doheny Eye Institution
Quit Claim Deed
related
—
—
—
Doneny Eye Institute
—
Deed Of Trust
related
$5,000,000 · California United 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.
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