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Property profile & analytics
OFF-MARKET
Estimated value
$68,395,000
Hospitals
18321 Clark St Tarzana, CA 91356-3501
Entity Owned
6-yr Hold
Free & Clear
Property ID
US09-9132810
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1972
Construction
CONCRETE
Total area
234,041 SF
Lot
11.22 ac (488,877 SF)
Zoning code
LAC2
APN
2160-011-031
UPID
US09-9132810
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
-
Providence Cedars-Sinai Tarzana Medical Center Medical Clinic
-
Providence Tarzana Emergency Department Hospital
-
Providence Tarzana Medical Center: Dosik Gary M MD Physician
-
Dr. Glenn R. Irani, MD Pediatrician Medical Clinic
-
Providence Cancer Services - Tarzana Medical Clinic Hospital
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$66.78M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$68.40M
Owner & transaction history
Tarzana Medical Center LLC · 6 yrs held
Tarzana Medical Center LLC
since 2019
2 recorded transactions
Zoning & alternative use
LAC2 · Tarzana, 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 Tarzana submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tarzana 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%
$72,345,000
6.5%
$66,780,000
7%
$62,010,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$106,615,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$99,120,000
Change: -7% · Conversion: Difficult
RETAIL STORES
$96,090,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$68.40M
Range $61.56M – $75.23M · ±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
$292 / 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
$4,894,776
Tax year 2024
Assessed value
$404,825,150
Assessed 2024
Previous assessed
$404,825,150
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$122,734,975
Assessed improvement
$282,090,175
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
1972
Construction
CONCRETE
Heating
NONE
Buildings
5
Total area
234,041 SF
Lot
11.22 ac (488,877 SF)
Zoning code
LAC2
APN
2160-011-031
UPID
US09-9132810
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Tarzana, CA
Zoning LAC2 · permitted uses
LAC2 · Tarzana, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tarzana. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$106.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$99.1M
RETAIL STORES
Est. value
$96.1M
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
1972
Construction
CONCRETE
Heating
NONE
Buildings
5
Lot
11.22 ac
Current owner
From public records · entity-resolved
Tarzana Medical Center LLC
Entity
Free & Clear · 6 yrs held
Mailing address
18321 CLARK ST, TARZANA, CA 91356-3501
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2019
$65,000,000
Tarzana Medical Center LLC
Providence Health Sys
Grant Deed
—
Sep 19, 2008
$88,900,000
Providence Health System-sthrn
Hcp INC
Grant Deed
—
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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