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Property profile & analytics
OFF-MARKET
Medical Office Space
7868 Western Ave, Los Angeles, CA 90047-2727
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6814043
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1954
Construction
WOOD
Total area
1,350 SF
Lot
0.06 ac (2,751 SF)
Zoning code
LAC2
APN
6018-032-014
UPID
US09-6814043
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
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
Advanced Properties LLC · 8 yrs held
Advanced Properties LLC
since 2018
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
—
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
$2,734
Tax year 2024
Assessed value
$203,578
Assessed 2024
Previous assessed
$203,578
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$139,438
Assessed improvement
$64,140
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
1954
Construction
WOOD
Heating
NONE
Stories
1
Total area
1,350 SF
Lot
0.06 ac (2,751 SF)
Zoning code
LAC2
APN
6018-032-014
UPID
US09-6814043
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
1954
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Advanced Properties LLC
Entity
Mailing address
7119 W SUNSET BLVD #380, LOS ANGELES, CA 90046-4411
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
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2022
—
Advanced Properties LLC
—
Deed
related
$492,000 · First Republic Bank
Apr 25, 2018
—
Advanced Properties LLC
—
Deed
related
$225,000 · Hanmi Bk
Feb 23, 2018
—
Advanced Properties LLC
Sle Ents INC
Quit Claim Deed
—
Mar 28, 2017
—
Sle Ents INC
—
Deed
related
$225,000 · Hanmi Bk
Nov 5, 2013
$225,000
Sle Ents INC
Alvarez,jose I
Grant Deed
—
Apr 17, 2008
—
Antonio S Gomez
Gomez,antonio S
Quit Claim Deed
related
—
Jan 22, 2007
—
Jose I Alvarez
Alvarez,rosa H
Quit Claim Deed
related
—
Jan 22, 2007
$428,500
Jose I Alvarez
Pedoeim M & F 2006 Trust
Grant Deed
$342,800 · Interbay Funding LLC
Apr 6, 2006
—
Pedoeim M & F 2006 Trust
Pedoeim,manasher
Quit Claim Deed
related
—
Feb 27, 2006
$335,000
Manasher Pedoeim
Smith,terence T
Grant Deed
—
Sep 22, 1999
—
Terence T Smith
Smith,t T & K L
Quit Claim Deed
related
—
Jan 14, 1997
—
Terence T Smith
Smith,t
Quit Claim Deed
related
—
Sep 27, 1996
—
Terence Smith
Smith,k L
Quit Claim Deed
related
—
Sep 27, 1996
$57,000
Smith,terence
Nancy Knupfer Trustee
Trustees Deed
—
—
—
Sle Ents INC
—
Deed Of Trust
related
$225,000 · Hanmi Bk
—
—
Terence T Smith
—
Deed Of Trust
related
$135,000 · Community Commerce Bank
—
—
Advanced Properties LLC
—
Loan Modification
related
$225,000 · Hanmi Bk
—
—
Terence T Smith
—
Deed Of Trust
related
$95,000 · Community Commerce 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.
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