New search
Property profile & analytics
OFF-MARKET
Estimated value
$43,720,000
Hospitals
4040 Whittier Blvd Los Angeles, CA 90023
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6267412
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1926
Total area
83,324 SF
Lot
2.34 ac (101,982 SF)
Zoning code
LCC3
APN
5239-014-036
UPID
US09-6267412
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$55.61M
Blend (final)
Blend
$43.72M
Owner & transaction history
Mpt Of East Los Angeles Phs LP · 5 yrs held
Mpt Of East Los Angeles Phs LP
since 2021
Last sale
$58.4M
7 recorded transactions
Zoning & alternative use
LCC3 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$68.5M
+80.6%
Auto repair, garage
$45.3M
+19.3%
Office building
$41.8M
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$37,960,000
Current use
RESTAURANT
$68,535,000
Change: +81% · Conversion: Difficult
AUTO REPAIR, GARAGE
$45,295,000
Change: +19% · Conversion: Difficult
OFFICE BUILDING
$41,820,000
Change: +10% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$35,290,000
Change: -7% · Conversion: Difficult
RETAIL STORES
$34,210,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$43.72M
Range $39.35M – $48.09M · ±10% · vs last sale $58.35M (Jul 8 2021)
Last sale anchor
$58.35M
Jul 8 2021
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
$525 / 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
$438,958
Tax year 2024
Assessed value
$34,819,066
Assessed 2024
Previous assessed
$34,819,066
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$9,758,952
Assessed improvement
$25,060,114
Applied tax rate
1.0000
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
1926
Heating
NONE
Buildings
3
Stories
1
Total area
83,324 SF
Lot
2.34 ac (101,982 SF)
Zoning code
LCC3
APN
5239-014-036
UPID
US09-6267412
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCC3 · Los Angeles, CA
Zoning LCC3 · permitted uses
LCC3 · 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
MEDICAL BUILDING Current
Est. value
$38.0M
RESTAURANT
Est. value
$68.5M
AUTO REPAIR, GARAGE
Est. value
$45.3M
OFFICE BUILDING
Est. value
$41.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$35.3M
RETAIL STORES
Est. value
$34.2M
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1926
Heating
NONE
Stories
1
Buildings
3
Lot
2.34 ac
Current owner
From public records · entity-resolved
Mpt Of East Los Angeles Phs LP
Entity
Free & Clear · 5 yrs held
Mailing address
1000 URBAN CTR DR STE #501, VESTAVIA, AL 35242-2225
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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 8, 2021
$58,349,500
Mpt Of East Los Angeles Phs LP
Eladh Hospital Property Holdings Ll
Grant Deed
—
Dec 31, 2019
$36,000,000
Eladh Hospital Property Holdins LLC
Ga Hc Reit II East La Hospital LLC
Grant Deed
$104,000,000 · Sector Financial INC
Oct 1, 2012
$22,200,000
Ga Hc Reit II East La Hosp LLC
Eladh Hospital Properties LLC
Grant Deed
—
May 23, 2011
$14,000,000
Eladh Hospital Properties LLC
Afg Investment Fund 3 LLC
Grant Deed
$35,000,000 · Midcap Financial LLC
Jan 7, 2009
—
Afg Investment Fund 3 LLC
Eladh Properties LLC
Grant Deed
$13,500,000 · Siemens Financial Services INC
Dec 27, 2006
—
Eladh Properties LLC
Eladh LP
Partnership Deed
$10,000,000 · Merrill Lynch Capital
Oct 15, 1992
—
Medicorp Century
—
Deed Of Trust
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 4040 Whittier 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.
