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Property profile & analytics
OFF-MARKET Estimated value $1,630,000
Hospitals

5862 Avalon Blvd Los Angeles, CA 90003-1308

11,782 SF 0.52 ac lot Built 1957
Trust Owned 10-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-7221123
Property summary
AI-generated overview

This exceptional single-tenant office property, located at 5862 Avalon Boulevard in Los Angeles, California, 90011, offers 4,381 square feet of versatile space. Ideal for a variety of uses, this property is classified as both a traditional office and a medical office, making it suitable for a wide range of businesses. The building's single-tenant occupancy provides a streamlined and efficient operational environment. Its convenient Los Angeles location offers excellent access to major transportation routes, ensuring easy commutes for employees and clients. The property's precise geographic coordinates are 33.98800387792046 latitude and -118.26523587250321 longitude. This presents a unique opportunity for businesses seeking a well-situated, spacious, and functional office space in a thriving Los Angeles neighborhood. The building's design and layout are adaptable to various business needs, offering a flexible and efficient workspace. This is a remarkable opportunity to acquire a substantial and well-located office property in a highly desirable area of Los Angeles. The property's single-tenant status simplifies management and provides a stable income stream for investors. Serious inquiries are encouraged to explore this exceptional investment opportunity further.

Property profile
Verified
Property type Hospitals
Use group HOSPITAL - PRIVATE
Year built 1957
Construction TILT-UP CONCRETE
Total area 11,782 SF
Lot 0.52 ac (22,450 SF)
Zoning code LAM2
APN 6007-002-020
UPID US09-7221123
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
  • United Clinics Hospital
  • Total Urgent Care Medical Inc: Ustaris Ruben D MD Physician Medical Clinic
  • Kennedy Occupational Medical Center Medical Clinic
  • slauson and wenster Medical Clinic
  • MedPro Services Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.63M
Owner & transaction history
Nownejad,kaivan 2015 Trust · 10 yrs held
Nownejad,kaivan 2015 Trust
since 2015
7 recorded transactions
2015
Price N/A
2006
$900,000
1994
$250,000
1993
$733,966
1992
Price N/A
1991
Price N/A
1991
Price N/A
Zoning & alternative use
LAM2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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