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Property profile & analytics
OFF-MARKET
Estimated value
$30,885,000
Hospitals
2400 Flower St, Los Angeles, CA 90007-2629
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7614232
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1966
Construction
STEEL FRAME
Total area
125,545 SF
Lot
2.98 ac (129,763 SF)
Zoning code
LAC2
APN
5126-017-018
UPID
US09-7614232
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
-
Orthopaedic Hospital: Lock James MD Physician
-
Dr. Libby F. Wilson, MD Physician Medical Clinic
-
JESSICA MOFIDI Physician
-
Dr. Joan F. Wright, MD Physician Medical Clinic
-
Dr. Michael Eagan, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$35.83M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$30.89M
Owner & transaction history
Oic Holding Corp · 9 yrs held
Oic Holding Corp
since 2017
4 recorded transactions
Zoning & alternative use
LAC2 · 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%
$38,810,000
6.5%
$35,825,000
7%
$33,265,000
Blend value · Realmo final
$30.89M
Range $27.80M – $33.97M · ±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
$246 / 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
$41,745
Tax year 2024
Assessed value
$45,591,031
Assessed 2024
Previous assessed
$45,591,031
+0.0% YoY
Effective rate
0.09%
On assessed value
Assessed land
$5,916,711
Assessed improvement
$39,674,320
Applied tax rate
6.0000
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
1966
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Buildings
3
Stories
1
Total area
125,545 SF
Lot
2.98 ac (129,763 SF)
Zoning code
LAC2
APN
5126-017-018
UPID
US09-7614232
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.
Building & site characteristics
From public records
Year built
1966
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
2.98 ac
Current owner
From public records · entity-resolved
Oic Holding Corp
Entity
Mailing address
403 W ADAMS BLVD, LOS ANGELES, CA 90007-2664
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2017
$11,786,500
Oic Holding Corp
Los Angeles Orthopaedic Hosp F
Grant Deed
$24,500,000 · Urp Subsidiary Cde 30 LLC
Jul 18, 2006
—
Palmer Of Flower Street Props
Los Angeles Orthopaedic Hosp F
Grant Deed
$43,000,000 · Bank Of America
—
—
Angeles Orthopaedic Hospit Los
—
Deed Of Trust
related
—
Nov 16, 1964
—
Angeles Orthopaedic Fdn Los
—
Grant Deed
related
—
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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