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Property profile & analytics
OFF-MARKET
Medical Office Space
423 Maclay Ave San Fernando, CA 91340-2416
Trust Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6815961
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1921
Construction
WOOD
Total area
1,742 SF
Lot
0.16 ac (6,901 SF)
Zoning code
SFC2
APN
2518-008-019
UPID
US09-6815961
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
-
J Patel Family Dentistry Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Patel Family Trust · 10 yrs held
Patel Family Trust
since 2015
7 recorded transactions
Zoning & alternative use
SFC2 · San Fernando, CA
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 San Fernando submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Fernando 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,769
Tax year 2024
Assessed value
$467,834
Assessed 2024
Previous assessed
$467,834
+0.0% YoY
Effective rate
1.45%
On assessed value
Assessed land
$250,564
Assessed improvement
$217,270
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
CENTRAL
Cooling
YES
Stories
1
Units
1
Bathrooms
2
Total area
1,742 SF
Lot
0.16 ac (6,901 SF)
Zoning code
SFC2
APN
2518-008-019
UPID
US09-6815961
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SFC2 · San Fernando, CAZoning SFC2 · permitted uses
SFC2 · San Fernando, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
1921
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
Patel Family Trust
Trust
Mailing address
3363 WHISPERING GLN CT, SIMI VALLEY, CA 93065-0596
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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
Dec 22, 2016
—
The Patel Family Trust
—
Deed
related
$150,000 · Us Bank NA
Oct 20, 2015
—
Patel Family Trust
Patel,jignesh G & Nimisha K
Quit Claim Deed
related
—
Mar 4, 2010
$292,000
Jignesh G Patel
Bogartz Stuart 2001 Trust
Grant Deed
—
Apr 11, 2003
$225,000
Bogart,tr
Pro Value Properties INC
Grant Deed
$202,000 · Metro Lending Services
Dec 13, 2000
—
Rbn Realty
Bustillo,b
Grant Deed
related
—
Apr 30, 1999
$101,000
Benjamin Bustillo
Pinson,juan A
Grant Deed
—
Aug 17, 1998
$152,000
Juan A Pinson
Meyer,joyce L
Grant Deed
$149,336 · Union Capital Funding
—
—
Rbn Realty INC
—
Deed Of Trust
related
$42,500 · Inez T
—
—
Pro Value Properties INC
—
Deed Of Trust
related
$134,400 · Us Bank NA
—
—
Bogartz,tr
—
Deed Of Trust
related
$203,000 · Callisto Group INC
—
—
Benjamin Bustillo
—
Deed Of Trust
related
$64,500 · Individual
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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