424-404-9993
231 W Vernon Ave, Los Angeles, CA for Sale
Medical - FOR SALE
1/6
null | Request Cap Rate

231 W Vernon Ave
Los Angeles, CA 90037
Vernon-Main


HIGHLIGHTS

  • • The multi-tenant layout provides diversified income opportunities, enhancing investment security.
  • • Located in a high-demand area of Los Angeles, the property benefits from a strong and growing need for healthcare services.
  • • As a healthcare-focused asset, the property remains resilient in various economic conditions, offering long-term stability.
  • • Large site in densely populated area has strong development potential.
  • • As a healthcare-focused asset, the property remains resilient in various economic conditions, offering long-term stability.
  • • Extensive solar panels covering the large parking area to be delivered free and clear of any lease or debt.

OVERVIEW

A prime multi-tenant medical office investment in the heart of South Los Angeles. This property is fully occupied by a mix of long-standing medical tenants, including physicians, radiology groups, dental, and community health providers - delivering stable cash flow and strong tenant diversity. The property has undergone recent upgrades including new flooring, roof, lighting, and landscaping completed in 2024, and features extensive solar panels over the parking area, delivered free and clear of any lease or debt. Located minutes from Exposition Park, USC, and major hospitals, 231 W Vernon Ave benefits from a dense, transit-accessible, and revitalizing corridor with growing demand for healthcare services. This offering combines income stability, upside potential, and long-term resilience within one of Los Angeles’s most dynamic medical markets.

FOR SALE DETAILS

PRICE

Request Info for Price

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

2

BUILDING CLASS

C

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

C2-2D-CPIO

APN/PARCEL ID

5111-010-036

ASK ABOUT THIS PROPERTY

Laura Alice ScaturroEve CapitalMore Info
424-404-9993

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Laura Alice ScaturroEve CapitalMore Info
424-404-9993

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