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Property profile & analytics
OFF-MARKET
Estimated value
$14,820,000
Office buildings
700 Wilshire Blvd Los Angeles, CA 90017-3811
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6494167
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1965
Construction
CONCRETE
Total area
76,358 SF
Lot
0.31 ac (13,701 SF)
Zoning code
LAC2
APN
5144-006-020
UPID
US09-6494167
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
-
St. Thomas Hospital Group Hospital
-
City Wellness Alternative Medicine Practice
-
MaidPro Hardware & Home Improvement
-
Team Mashn Sound Design Recording Studio
-
The Top of the Hub Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.82M
Owner & transaction history
700 Wilshire Properties · 12 yrs held
700 Wilshire Properties
since 2013
7 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$194 / 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
$195,357
Tax year 2024
Assessed value
$14,813,799
Assessed 2024
Previous assessed
$14,813,799
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$3,184,141
Assessed improvement
$11,629,658
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1965
Construction
CONCRETE
Heating
NONE
Units
1
Total area
76,358 SF
Lot
0.31 ac (13,701 SF)
Zoning code
LAC2
APN
5144-006-020
UPID
US09-6494167
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.
Building & site characteristics
From public records
Year built
1965
Construction
CONCRETE
Heating
NONE
Units
1
Lot
0.31 ac
Current owner
From public records · entity-resolved
700 Wilshire Properties
Entity
Mailing address
611 WILSHIRE BLVD STE #810, LOS ANGELES, CA 90017-2936
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
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
Feb 1, 2019
—
700 Wilshire Properties
—
Deed
related
$16,000,000 · Ctbc Bk Corp (usa)
Dec 12, 2013
—
700 Wilshire Properties
Merathone Properties
Grant Deed
$13,500,000 · Ctbc Bank Corp USA
May 12, 2005
—
Willy K Ma
Jwla LLC
Grant Deed
—
Sep 11, 2000
$609,500
Fair Breeze Co Ltd
G & Y Restaurants INC
Grant Deed
related
—
Jul 17, 2000
—
G Restaurants
Downtown,props
Grant Deed
related
—
Jun 16, 2000
$1,386,500
Fair Breeze Co Ltd
G & Y Restaurants INC
Grant Deed
related
—
Nov 20, 1997
—
Downtown Properties III LLC
Peck Trust
Trustees Deed
related
$1,500,000 · United Pacific Bank
Oct 17, 1997
—
Cynthia M Lloyd-butler
Lloyd-butler,c M & J O Trustees
Quit Claim Deed
related
—
May 1, 1996
—
Guilfoil,rodney A & Betty J Co-t
Guilfoil,r A
Quit Claim Deed
related
—
May 16, 1994
—
James O Lloyd-butler
Lloyd-butler,c M
Quit Claim Deed
related
—
—
—
Downtown Properties III LLC
—
Deed Of Trust
related
$1,100,000 · United Pacific Bank
—
—
Downtown Properties 111 LLC
—
Deed Of Trust
related
$150,000 · United Pacific Bank
—
—
G & Y Restaurant INC
—
Deed Of Trust
related
$5,000,000 · East-west Bank
—
—
700 Wilshire Properties
—
Loan Modification
related
$16,000,000 · Ctbc Bk Corp (usa)
—
—
Downtown Properties III LLC
—
Deed Of Trust
related
$3,000,000 · East West Bank
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
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