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Property profile & analytics
FOR LEASE
Medical Office Space
5620 Wilbur Ave Los Angeles, CA 91356
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-7823244
For Lease
$16,110,000
5620 Wilbur Ave, Los Angeles, CA 91356
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1986
Construction
WOOD
Total area
54,584 SF
Lot
0.69 ac (29,995 SF)
Zoning code
LACR
APN
2160-002-042
UPID
US09-7823244
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
-
Tarzana Smile Design Dental Office
-
Star Skin Institute Medical Clinic Skin Care Clinic
-
Progressive Physical Therapy Medical Clinic
-
Southern California Urology Institute Physician Medical Clinic
-
Wellness Oncology & Hematology Medical Clinic Hospital
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.67M
CAP Approach
CAP
$15.58M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.11M
Owner & transaction history
Tarzana 5620 Mv Wrk7 LLC
Tarzana 5620 Mv Wrk7 LLC
since 2025
Last sale
$18.9M
7 recorded transactions
Zoning & alternative use
LACR · Tarzana, 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
$9,670,000
CAP Approach
CAP Return
Estimation
6%
$16,875,000
6.5%
$15,575,000
7%
$14,465,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$24,865,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$23,115,000
Change: -7% · Conversion: Difficult
RETAIL STORES
$22,410,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$16.11M
Range $14.50M – $17.72M · ±10% · vs last sale $18.85M (Feb 4 2020)
Last sale anchor
$18.85M
Feb 4 2020
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
$295 / 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
$310,477
Tax year 2024
Assessed value
$25,405,825
Assessed 2024
Previous assessed
$25,405,825
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$6,352,796
Assessed improvement
$19,053,029
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
For Lease
Year built
1986
Construction
WOOD
Heating
NONE
Cooling
OTHER
Stories
1
Total area
54,584 SF
Lot
0.69 ac (29,995 SF)
Zoning code
LACR
APN
2160-002-042
UPID
US09-7823244
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LACR · Tarzana, CA
Zoning LACR · permitted uses
LACR · Tarzana, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tarzana. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$24.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$23.1M
RETAIL STORES
Est. value
$22.4M
MEDICAL BUILDING Current
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
1986
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
Tarzana 5620 Mv Wrk7 LLC
Entity
Mailing address
4500 DORR ST, TOLEDO, OH 43615-4040
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2025
—
Tarzana 5620 Mv Wrk7 LLC
Welltower Om Group LLC
Grant Deed
$360,281,750 · Capital One NA
Feb 4, 2020
$23,695,000
Epc Ira LLC
Ira Wilbur LLC
Grant Deed
—
Jun 11, 2015
$18,850,000
Ira Wilbur LLC
Lmof II Wilbur Ec LLC
Grant Deed
$13,655,115 · Siemens Financial Servies INC
Jan 26, 2011
$14,130,500
Lmof II Wilbur Ec LLC
Wilbur Medical Plaza LLC
Grant Deed
—
Jun 27, 1997
$6,250,000
6330 San Vicente LLC
Usl Capital Corp
Grant Deed
$4,000,000 · China Trust Bank Of California
Nov 17, 1995
—
Usl Capital Corp
—
Deed Of Trust
related
—
Sep 21, 1995
—
Usl Capital Corp
—
Deed Of Trust
related
—
Aug 31, 1995
—
Usl Capital Corporation
—
Deed Of Trust
related
—
Jan 13, 1993
—
Wilbur Medical Plaza Ltd
—
Deed Of Trust
related
—
Mar 27, 1991
—
Country Ow Kings
—
Deed Of Trust
related
—
Mar 30, 1990
$9,090,000
Prop Transfers
Midwe 1958256 12
Trustees Deed
—
Mar 30, 1990
—
Kings Country Ow
Prop Transfers
Trustees Deed
related
—
Apr 14, 1989
—
Midwe 1958256 12
Hall Katherine P
Trustees Deed
related
—
—
—
Lmof II Wilbur Ec LLC
—
Deed Of Trust
related
$8,490,000 · Ing USA Annunity & Life Ins Co
—
—
Wilbur Medical Plaza LLC
—
Deed Of Trust
related
$6,100,000 · Archon Financial LP
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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