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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Medical Office Space
3460 Olympic Blvd Los Angeles, CA 90019-2124
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US10-0450204
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1921
Construction
WOOD
Total area
3,314 SF
Lot
0.2 ac (8,906 SF)
Zoning code
LAC2
APN
5081-026-035
UPID
US10-0450204
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
-
Yong S. Kim Acupuncture Clinic. LA 김용석 한의원. 김용석 침뜸병원 Medical Clinic Alternative Medicine Practice
-
베리트 개혁 장로교회 Church
-
Yong Seok Kim Alternative Medicine Practice Acupuncture
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$360k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$477k
Blend (final)
Blend
$595k
Owner & transaction history
Skp Group LLC · 12 yrs held
Skp Group LLC
since 2014
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
$360,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$595k
Range $536k – $655k · ±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
$180 / 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
$19,624
Tax year 2024
Assessed value
$1,562,367
Assessed 2024
Previous assessed
$1,562,367
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$1,261,915
Assessed improvement
$300,452
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
1921
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
2
Total area
3,314 SF
Lot
0.2 ac (8,906 SF)
Zoning code
LAC2
APN
5081-026-035
UPID
US10-0450204
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
1921
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.2 ac
Current owner
From public records · entity-resolved
Skp Group LLC
Entity
Mailing address
3460 W OLYMPIC BLVD, LOS ANGELES, CA 90019-2124
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2020
—
Skp Group LLC
—
Deed
related
$999,900 · City National Bank
Feb 28, 2014
—
Skp Group LLC
Kim Y S & Y S 2011 Trust
Quit Claim Deed
—
Jan 12, 2012
—
Kim Yong S & Yoo S 2011 Trust
Kim,yong S & Yoo S
Quit Claim Deed
related
—
Aug 23, 2011
$1,175,000
Yong S Kim
Choi,hong K
Grant Deed
$881,000 · Saehan Bank
Feb 26, 2009
—
Hong K Choi
Choi,hong K
Quit Claim Deed
related
$530,000 · Us Metro Bank
Nov 24, 2008
—
Hong K Choi
Choi,hong K & Yun S
Quit Claim Deed
related
—
May 27, 2003
—
Hong K Cho
Cho,hong K & Yun S
Quit Claim Deed
related
—
Jun 5, 2001
—
Hong K Choi
Choi,h K & Y S
Quit Claim Deed
related
—
—
—
Hong K Choi
—
Deed Of Trust
related
$100,000 · Hanmi Bank
—
—
Hong K Choi
—
Deed Of Trust
related
$50,000 · Hanmi Bank
—
—
Hong K Choi
—
Deed Of Trust
related
$150,000 · Pacific Union Bank
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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