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Property profile & analytics
OFF-MARKET
Estimated value
$1,780,000
Medical Office Space
23951 Craftsman Rd Calabasas, CA 91302-1459
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7143749
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1979
Construction
WOOD
Total area
6,032 SF
Lot
0.3 ac (12,916 SF)
Zoning code
LCM1*
APN
2049-019-010
UPID
US09-7143749
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
-
Everlast Roofing Calabasas Roofing Company General Contractor
-
Organic Business Solutions Corporate Office
-
Calabasas 24 AC Repair Today HVAC Service General Contractor
-
Calabasas Garage Door Repair Building Supply General Contractor
-
Robin D. Domino, Crna Medical Clinic Hospital
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.76M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.78M
Owner & transaction history
Calabasas Surgical Center LLC · 6 yrs held
Calabasas Surgical Center LLC
since 2019
4 recorded transactions
Zoning & alternative use
LCM1* · Calabasas, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.8M
+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 Calabasas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Calabasas 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%
$1,905,000
6.5%
$1,760,000
7%
$1,635,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,740,000
Current use
AUTO REPAIR, GARAGE
$2,790,000
Change: +2% · Conversion: Difficult
RETAIL STORES
$2,310,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$1.78M
Range $1.60M – $1.96M · ±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
$295 / 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
$27,906
Tax year 2024
Assessed value
$2,364,324
Assessed 2024
Previous assessed
$2,364,324
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$1,050,810
Assessed improvement
$1,313,514
Applied tax rate
14.0000
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
1979
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Units
2
Bathrooms
3
Total area
6,032 SF
Lot
0.3 ac (12,916 SF)
Zoning code
LCM1*
APN
2049-019-010
UPID
US09-7143749
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCM1* · Calabasas, CA
Zoning LCM1* · permitted uses
LCM1* · Calabasas, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Calabasas. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$2.7M
AUTO REPAIR, GARAGE
Est. value
$2.8M
RETAIL STORES
Est. value
$2.3M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
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
1979
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Bathrooms
3
Lot
0.3 ac
Current owner
From public records · entity-resolved
Calabasas Surgical Center LLC
Entity
Mailing address
24011 VENTURA BLVD STE #101, CALABASAS, CA 91302-1457
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2019
—
Calabasas Surgical Center LLC
Calabasas Surgical Center LLC
Quit Claim Deed
related
$750,000 · Rita Herscovici
Jun 20, 2007
$1,800,000
Calabasas Surgical Center LLC
Eve Surgical Ctrs Medical Corp
Grant Deed
$1,200,000 · Security Pacific Bank
Mar 25, 1994
$729,545
James T Mcmahon Md INC
Porter Blanchard
Grant Deed
$582,000 · Government Funding Ca Bus&ind
—
—
Calabasas Surgical Center LLC
—
Deed Of Trust
related
$1,186,000 · Jack & Nijole Singleton
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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