New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,145,000
Medical Office Space
2880 Olympic Blvd, Los Angeles, CA 90006-2644
Trust Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8173394
Property summary
AI-generated overview
This exceptional 3,300 square foot medical office space is located at 2880 W Olympic Blvd in Los Angeles, CA 90006. Situated on a 1.5-acre corner lot, this Class C building offers excellent visibility and high traffic exposure. The property, built in 1988 and extensively renovated in 2024, features a single-tenant occupancy in a two-story building with an elevator. The space, currently configured as a dental office, is ideal for a variety of medical uses. Recent upgrades include new flooring, paint, and a renovated foyer. The building boasts ample parking and a separate employee entrance for added convenience. The zoning is LAC2. The property's APN is 5078-015-027. This is a fantastic opportunity to acquire a well-maintained, updated medical office space in a highly desirable Los Angeles location with great signage potential. The entire second floor is available.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1988
Construction
TILT-UP CONCRETE
Total area
5,564 SF
Lot
0.15 ac (6,547 SF)
Zoning code
LAC2
APN
5078-015-027
UPID
US09-8173394
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
-
Besfeel Dental Group Dental Office
-
1001 Optical Ophthalmologist (Bike/Boat/Book/etc) Store
-
Alice Whang Inc Physician
-
Lee Jonathan J DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.59M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.15M
Owner & transaction history
Kang Family Trust · 7 yrs held
Kang Family Trust
since 2018
7 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%
$1,720,000
6.5%
$1,590,000
7%
$1,475,000
Blend value · Realmo final
$1.15M
Range $1.03M – $1.26M · ±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
$206 / 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
$17,510
Tax year 2024
Assessed value
$1,388,009
Assessed 2024
Previous assessed
$1,388,009
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$477,316
Assessed improvement
$910,693
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1988
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
5,564 SF
Lot
0.15 ac (6,547 SF)
Zoning code
LAC2
APN
5078-015-027
UPID
US09-8173394
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
1988
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Kang Family Trust
Trust
Free & Clear · 7 yrs held
Mailing address
4033 W 7TH ST, LOS ANGELES, CA 90005-3504
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2018
—
Kang Family Trust
Kang Family Trust
Quit Claim Deed
related
—
Dec 29, 2016
—
Kang Family Trust
Kang,dae I & Young M
Quit Claim Deed
related
—
Nov 28, 2016
—
Dae I Kang
Kang,young M
Quit Claim Deed
related
—
Sep 2, 2016
—
Young M Kang
Kang,dae I & Young M
Quit Claim Deed
related
—
Apr 17, 2015
—
Dae I Kang
Kang Daein
Quit Claim Deed
related
—
Nov 27, 2012
—
Daein Kang
Kang,young M
Quit Claim Deed
related
—
Feb 20, 1968
—
—
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2880 Olympic Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
