Medical Office Building with
For Sale
Contact for pricing
11543-11545 Olympic Blvd., Los Angeles, CA 90064
Two-story standalone medical facility with treatment rooms, private parking, and a corner position on Olympic Boulevard.
Property Size7,685 SF
Price / SF$845.80
Days on Market119
Property Features for 11543-11545 Olympic Blvd.
General Information
Standard status
Active
Size
7,685 SF
Total Parking Spaces
19
Property subtype
Retail
Additional Details
Road Access
Yes
Building Details
Buildings
1
Stories
2
Listing Agency:
NAI Capital
(310) 228-7300
Listed By:
Sam Kangavari · License #CA 01846336
Source:
Crexi
Added: May 4
Changed: Aug 30
Last Checked: Aug 30 at 2:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Capital
Investment Insights
Based on property information with market context.
This standalone medical office building in West Los Angeles provides a two-level configuration with dedicated clinical and support areas. The first floor contains approximately 7,685 SF with 16 treatment rooms, two restrooms, a kitchenette, and frontage. The second floor offers approximately 3,280 SF, a restroom, and three access stairways.
The property occupies the corner of Olympic Boulevard and Colby Avenue at 11543-11545 Olympic Blvd. and 2146 S. Colby Ave. A private parking lot serves the building, while the corner setting provides frontage and signage visibility along Olympic Boulevard.
The property occupies the corner of Olympic Boulevard and Colby Avenue at 11543-11545 Olympic Blvd. and 2146 S. Colby Ave. A private parking lot serves the building, while the corner setting provides frontage and signage visibility along Olympic Boulevard.
Key Highlights
- ±7,685 SF first floor with 16 treatment rooms
- ±3,280 SF second floor with restroom and 3 access stairways
- Private parking lot serving the standalone medical building
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$182,413
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.81%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,648,260
$3.6M
Cap Rate 7%
$2,605,900
$2.6M
Cap Rate 9%
$2,026,811
$2.0M
Market Conditions
NOI Build-Up for 7,685 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$298.8K $38.88/SF
− Vacancy
−$55.6K −$7.23/SF
EGI
$243.2K $31.65/SF
− OpEx
−$60.8K −$7.91/SF
NOI
$182.4K $23.74/SF
Area
Los Angeles, CA
Vacancy
18.60%
Lease Rate
$38.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,648,260
Cap Rate 7%
$2,605,900
Cap Rate 9%
$2,026,811
Alternative Uses
Best Use
Office B
$2.61M
$2.28M – $3.04M
NOI $182,413 @ 7.0% cap · market cap 2.81%
Second Best
Healthcare Medical
$2.04M
$1.78M – $2.38M
NOI $142,535 @ 7.0% cap · market cap 2.19%
Theoretical Best
Multifamily LT 5
$155.69M
$136.23M – $181.64M
NOI $10,898,544 @ 7.0% cap · market cap 167.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
5,281
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90064, CA
27,553
Population
12,897
Households
2.1
Avg Household Size
40
Median Age
71%
College-Educated
95%
High-School Grad
3.7 sq mi
ZIP Area
7,447
Density / Sq Mi
$129,703
Median Household Income
$84,766
Median Earnings
$2,710
Median Rent
$1,746,800
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Two-story standalone medical facility with treatment rooms, private parking, and a corner position on Olympic Boulevard.
Where is this medical office space located?
The property is located at 11543-11545 Olympic Blvd. Los Angeles, CA.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: ±7,685 SF first floor with 16 treatment rooms; ±3,280 SF second floor with restroom and 3 access stairways; Private parking lot serving the standalone medical building
