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Property profile & analytics
OFF-MARKET
Estimated value
$4,285,000
Medical Office Space
15623 Lakewood Blvd Paramount, CA 90723-4633
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8596913
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2016
Construction
WOOD
Total area
13,080 SF
Lot
1.18 ac (51,376 SF)
Zoning code
PAC3*
APN
6268-020-018
UPID
US09-8596913
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
$3.82M
Comparable Approach
Comparable
$2.81M
Blend (final)
Blend
$4.29M
Owner & transaction history
Lee K & E Ent INC · 9 yrs held
Lee K & E Ent INC
since 2016
7 recorded transactions
Zoning & alternative use
PAC3* · Paramount, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.1M
+1.8%
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 Paramount submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Paramount 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%
$4,135,000
6.5%
$3,815,000
7%
$3,545,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$5,945,000
Current use
AUTO REPAIR, GARAGE
$6,050,000
Change: +2% · Conversion: Difficult
OFFICE BUILDING
$5,865,000
Change: -1% · Conversion: Easy
RETAIL STORES
$5,015,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$4.29M
Range $3.86M – $4.71M · ±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
$328 / 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
$123,385
Tax year 2024
Assessed value
$9,653,341
Assessed 2024
Previous assessed
$9,653,341
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$5,120,231
Assessed improvement
$4,533,110
Applied tax rate
7.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2016
Construction
WOOD
Heating
NONE
Cooling
OTHER
Stories
1
Total area
13,080 SF
Lot
1.18 ac (51,376 SF)
Zoning code
PAC3*
APN
6268-020-018
UPID
US09-8596913
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PAC3* · Paramount, CA
Zoning PAC3* · permitted uses
PAC3* · Paramount, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Paramount. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$5.9M
AUTO REPAIR, GARAGE
Est. value
$6.1M
OFFICE BUILDING
Est. value
$5.9M
RETAIL STORES
Est. value
$5.0M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
2016
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.18 ac
Current owner
From public records · entity-resolved
Lee K & E Ent INC
Entity
Mailing address
20 JOYCE RD, HILLSBOROUGH, CA 94010-7316
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 14, 2021
—
Lee K & E Enterprise INC
—
Deed
related
$4,800,000 · American First Cu
Dec 30, 2016
$8,985,000
Lee K & E Ent INC
Markdev-dv Paramount LLC
Grant Deed
—
Jun 15, 2015
$2,400,000
Markdev Dv Paramount LLC
Hino 8 LLC
Grant Deed
$1,100,000 · Claritas Capital Real Estate Ct5 LLC
Jun 15, 2015
—
Kashani,e & P Family Trust
Kashani Ebrahim
Affidavit Of Death
related
—
Sep 16, 1998
—
Kashani,ebrahim & Paricher Trust
Kashani,e & P
Quit Claim Deed
related
—
Aug 12, 1998
$665,000
Ebrahim Kashani
Sanchez,sonia
Grant Deed
—
Dec 11, 1996
$450,000
Sonia Sanchez
California United Bank
Grant Deed
$375,000 · Aztec Financial
—
—
Sonia Sanchez
—
Deed Of Trust
related
$50,000 · Individual
—
—
Hino-8 LLC
—
Deed Of Trust
related
$750,000 · White Water Fndg LLC
—
—
Hino-8 LLC
—
Deed Of Trust
related
$2,000,000 · White Water Fndg LLC
—
—
Markdev-dv Paramount LLC
—
Loan Modification
related
$40,000 · Claritas Cap R/e-ct5 LLC
—
—
Sonia Sanchez
—
Deed Of Trust
related
$110,000 · Individual
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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