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Property profile & analytics
OFF-MARKET
Estimated value
$15,255,000
Medical Office Space
2560 Colorado Blvd Los Angeles, CA 90041-1005
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7319292
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1974
Construction
TILT-UP CONCRETE
Total area
19,792 SF
Lot
1.28 ac (55,947 SF)
Zoning code
LAC4
APN
5682-026-034
UPID
US09-7319292
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
-
Adventist Health Play to Learn Center Physician
-
Rehabilitation Institute Medical Clinic
-
Adventist Health Therapy and Wellness Center Gym & Fitness Center Alternative Medicine Practice
-
Eva Teng Physician
-
Summer Robertson, ATC Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$14.11M
Blend (final)
Blend
$15.26M
Owner & transaction history
Lipt Colorado Boulevard LLC · 3 yrs held
Lipt Colorado Boulevard LLC
since 2022
Last sale
$18.2M
7 recorded transactions
Zoning & alternative use
LAC4 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$16.3M
+80.6%
Auto repair, garage
$10.8M
+19.3%
Office building
$9.9M
+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
$18,275,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$16,280,000
Change: +81% · Conversion: Difficult
AUTO REPAIR, GARAGE
$10,760,000
Change: +19% · Conversion: Difficult
OFFICE BUILDING
$9,935,000
Change: +10% · Conversion: Easy
Blend value · Realmo final
$15.26M
Range $13.73M – $16.78M · ±10% · vs last sale $18.24M (Aug 3 2022)
Last sale anchor
$18.24M
Aug 3 2022
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
$771 / 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
$229,220
Tax year 2024
Assessed value
$18,604,800
Assessed 2024
Previous assessed
$18,604,800
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$17,442,000
Assessed improvement
$1,162,800
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
1974
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
19,792 SF
Lot
1.28 ac (55,947 SF)
Zoning code
LAC4
APN
5682-026-034
UPID
US09-7319292
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC4 · Los Angeles, CA
Zoning LAC4 · permitted uses
LAC4 · 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
RESTAURANT
Est. value
$16.3M
AUTO REPAIR, GARAGE
Est. value
$10.8M
OFFICE BUILDING
Est. value
$9.9M
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
1974
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
1.28 ac
Current owner
From public records · entity-resolved
Lipt Colorado Boulevard LLC
Entity
Free & Clear · 3 yrs held
Mailing address
4200 WESTHEIMER RD STE #1400, HOUSTON, TX 77027-4469
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2022
$18,240,000
Lipt Colorado Boulevard LLC
Eagle Rock Plaza Owner LLC
Grant Deed
—
Jun 17, 2021
$76,000,000
Eagle Rock Plaza Owner LLC
Centro Enfield LLC
Grant Deed
$53,000,000 · Deutsche Bank
Nov 25, 2019
—
Jpmcc 2006-ldp7 Centro Enfield
Jpmcc 2006-ldp7 Centro Enfield
Correction Deed
related
—
Feb 11, 2016
—
Jpmcc 2006-ldp7 Centro Enfield
Centro Eagle Rock LLC
Quit Claim Deed
—
Jun 26, 2006
—
Centro Eagle Rock LLC
Eagle Rock Plaza LLC
Grant Deed
$240,000,000 · Jpmorgan Chase Bank NA
Nov 17, 2000
—
Montgomery Ward Development
—
Deed Of Trust
related
$100,000,000 · General Electric Capital Ttee
Jul 1, 1996
—
Eagle Rock Properties INC
—
Deed Of Trust
related
—
May 18, 1992
—
Eagle Rock Properties INC
—
Deed Of Trust
related
—
—
—
Montgomery Ward Development
—
Deed Of Trust
related
$300,000 · General Electric Capital Corp
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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