HIGHLIGHTS
- Redevelopment opportunity for multiple potential uses – medical, seniors housing, behavioral health, multi-family and other post-acute uses
- Vacant former hospital (now in shell condition) in the dynamic Koreatown neighborhood – LA’s most densely populated area.
- Fantastic opportunity in an area that is medically underserved – with more than 1.2 million people within 5 miles of the center.
- Located within a Qualified Opportunity Zone (QOZ), tenants also enjoy collaboration opportunities with USC, UCLA, and Cedars-Sinai Medical Center.
- The GenevaCho Medical Center provides ample parking options for patients and guests and is also just a half-mile from a Metro station.
FOR SALE DETAILS
PRICE
$18,000,000 USD
PRICE/SF
$116 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment Or Owner User
BUILDING DETAILS
PROPERTY NAME
GenevaCho Medical Center
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
3
BUILDING CLASS
B
YEAR BUILT
1983
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.25 AC
LAND SF
98,010 SF
ZONING
R1-1
APN/PARCEL ID
5501-023-013
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
213-613-3301
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
213-613-3301
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
