11570 W Olympic Blvd - Medical FOR SALE


Los Angeles, CA 90064- West Los Angeles
$8,995,000 USD
310-966-4352
11570 W Olympic Blvd, Los Angeles, CA for Sale
$8,995,000 USD
Medical - FOR SALE
1/12
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11570 W Olympic Blvd
Los Angeles, CA 90064
West Los Angeles


HIGHLIGHTS

  • Prime West LA location near Santa Monica, Century City, and Beverly Hills.
  • Zoned M2-1 with flexible uses including medical, lab, and creative office.
  • Gated surface parking for 30 vehicles plus 1 ADA space.
  • Walk Score of 91 with strong surrounding demographics and business density.

OVERVIEW

WESTMAC Commercial Brokerage Company is pleased to present the opportunity to purchase 11570 W. Olympic Blvd., an owner-user or investment opportunity in West Los Angeles. The subject property is comprised of approximately ±10,724 square feet of building on approximately ±23,187 square feet of land. The property was built in 1956 and is zoned M2-1. Generous gated parking is striped for 30 cars plus 1 handicap space. The building at 11570 W. Olympic Blvd is located in the heart of West Los Angeles, a highly desirable and strategically positioned commercial district. Situated just east of the intersection of Olympic Boulevard and Barrington Avenue, the property enjoys excellent visibility and accessibility along a major east-west corridor that connects key neighborhoods including Santa Monica, Century City, and Beverly Hills. The surrounding area is a dynamic mix of office, retail, creative, and light industrial uses. Proximity to major freeways such as the I-10 and I-405, as well as access to public transportation, makes the location attractive to both tenants and commuters. The subject property has a neighboring opportunity that can be purchased together: 2207 Colby Ave. With a connected hallway between the two properties, whether purchased alone or together, this offering is ideal for an owner-user or investor seeking a sizable footprint in a vibrant and ever-growing neighborhood centrally located in West Los Angeles.

FOR SALE DETAILS

PRICE

$8,995,000 USD

PRICE/SF

$839 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

48

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,213 SF

ZONING

LAM2

APN/PARCEL ID

4260-015-024

ASK ABOUT THIS PROPERTY

T.C. MackerWESTMAC Commercial Brokerage CompanyMore Info
310-966-4352

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T.C. MackerWESTMAC Commercial Brokerage CompanyMore Info
310-966-4352

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.