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Property profile & analytics
OFF-MARKET
Estimated value
$24,195,000
Medical Office Space
531 College St Los Angeles, CA 90012-2315
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0445708
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1911
Construction
CONCRETE
Total area
90,017 SF
Lot
2.42 ac (105,353 SF)
Zoning code
LAC2
APN
5414-004-008
UPID
US10-0445708
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
-
Dr. Mohammad Sadri, DO Pediatrician Physician
-
Dr. Terrin E. Martin, MD Physician
-
Dr. Dolores A. Villacarlos, MD Physician
-
Dr. Amos S. Yang, MD Physician
-
Allied Healthcare City Social Service Agency Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$25.69M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$24.20M
Owner & transaction history
531 W College LLC · 8 yrs held
531 W College LLC
since 2018
4 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%
$27,825,000
6.5%
$25,685,000
7%
$23,850,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$38,125,000
Change: -7% · Conversion: Difficult
RETAIL STORES
$36,960,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$24.20M
Range $21.78M – $26.61M · ±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
$269 / 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
$520,827
Tax year 2024
Assessed value
$36,812,124
Assessed 2024
Previous assessed
$36,812,124
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$32,796,258
Assessed improvement
$4,015,866
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
1911
Construction
CONCRETE
Heating
NONE
Buildings
5
Total area
90,017 SF
Lot
2.42 ac (105,353 SF)
Zoning code
LAC2
APN
5414-004-008
UPID
US10-0445708
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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$38.1M
RETAIL STORES
Est. value
$37.0M
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
1911
Construction
CONCRETE
Heating
NONE
Buildings
5
Lot
2.42 ac
Current owner
From public records · entity-resolved
531 W College LLC
Entity
Free & Clear · 8 yrs held
Mailing address
1668 S GARFIELD AVE2NDFL, ALHAMBRA, CA 91801-5400
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2018
$33,000,000
531 W College LLC
Societe Francaise De Bienfaisa
Grant Deed
—
Dec 3, 1999
—
Francaise D Societe
—
Deed Of Trust
related
—
Dec 26, 1996
—
La United Inv
La United Inv,
Quit Claim Deed
related
—
Aug 1, 1990
$3,985,000
Hakuga
R L B Partnershi
Grant Deed
—
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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