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Property profile & analytics
OFF-MARKET
Estimated value
$4,120,000
Medical Office Space
8820 Wilshire Blvd Beverly Hills, CA 90211-2618
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-8562642
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1952
Total area
28,217 SF
Lot
0.43 ac (18,848 SF)
Zoning code
BHC3*
APN
4333-008-001
UPID
US09-8562642
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
-
Margo Siegel Public Relations Marketing & Advertising Advertising Agency
-
Lotus Skin Center at Beverly Hills Medical Clinic Skin Care Clinic
-
don't Restaurant
-
Integrative Health - Wilshire Medical Clinic
-
Shannon M Smith, MD, MPH Physician 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
$4.12M
Owner & transaction history
First Republic Bank · 3 yrs held
First Republic Bank
since 2022
7 recorded transactions
Zoning & alternative use
BHC3* · Beverly Hills, 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 Beverly Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Beverly Hills 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
$146 / 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
$39,119
Tax year 2024
Assessed value
$3,046,537
Assessed 2024
Previous assessed
$3,046,537
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$3,044,908
Assessed improvement
$1,629
Applied tax rate
2.0000
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
1952
Heating
NONE
Cooling
OTHER
Stories
3
Total area
28,217 SF
Lot
0.43 ac (18,848 SF)
Zoning code
BHC3*
APN
4333-008-001
UPID
US09-8562642
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BHC3* · Beverly Hills, CA
Zoning BHC3* · permitted uses
BHC3* · Beverly Hills, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Beverly Hills. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1952
Heating
NONE
Cooling
Yes
Stories
3
Lot
0.43 ac
Current owner
From public records · entity-resolved
First Republic Bank
Entity
Mailing address
8820 WILSHIRE BLVD #200, BEVERLY HILLS, CA 90211-2618
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2022
—
First Republic Bank
8820 Wilshire Associates LP
Assignment Of Lease (leasehold Sale)
$2,850,000 · First Republic Bank
Jan 20, 2012
—
8820 Wilshire Associates LP
Wilshire Pines Gp LLC
Quit Claim Deed
—
Jan 19, 2012
—
Wilshire Pines Gp LLC
Shamooilian,jack Y & Farzaneh
Grant Deed
—
Jan 13, 2012
—
Shamooilian Trust
Shamooilian,jack Y & Farzaneh
Quit Claim Deed
related
—
Jan 12, 2012
—
Shamooilian,jack Y & Farzaneh
A M Clark LLC
Grant Deed
—
Nov 27, 2006
—
Am Clark LLC
—
Deed Of Trust
related
$10,000,000 · Bank Of China
Mar 9, 2001
—
Clark,a M LLC
Shamooilian,j & F
Grant Deed
related
—
May 24, 1995
$3,600,000
Jack Shamoolian
Diskin,ron M
Grant Deed
—
Mar 3, 1995
—
Amir,paul & Herta Trustees
Spiegel,t
Grant Deed
related
—
Jan 14, 1994
—
Rita Spiegel
Spiegel,r
Quit Claim Deed
related
—
Jan 14, 1994
$268,500
Spiegel,evan S
Spiegel,rita
Trustees Deed
related
—
Jan 7, 1994
$536,500
Spiegel Trust
Spiegel,abraham
Trustees Deed
related
—
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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