130 S Alvarado St Los Angeles, CA 90057

Listing agency Matthews

Listed by Michael Moreno · License #CA 01982943

Source Crexi

Added: Apr 11 Updated: Jul 20 at 10:05PM Checked: Jul 21 at 9:25AM

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Investment Insights

Based on property information with market context.

Matthews’ Healthcare Division presents a 28,017-square-foot, multi-specialty Adult Day Healthcare Center designed to deliver PACE (Program of All-Inclusive Care for the Elderly) services for senior patients under Medicare and Medicaid. The building is in the midst of an extensive renovation and is expected to be 100% occupied and operating as an adult day healthcare center.

Located at 130 S Alvarado St in Los Angeles, CA, the offering is structured as a long-term 15-year NNN lease with annual increases. The lease is double-guaranteed by SCAN Group and Commonwealth Care Alliance.

Key Highlights

• 28,017 SF, multi‑specialty Adult Day Healthcare Center delivering PACE services for seniors
• Facility is under extensive renovation and will soon be 100% occupied and operating as an Adult Day Healthcare Center
• PACE services include Medicare and Medicaid programs for senior patients

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FAQs

What type of property is this?

Medical center - Multi-specialty adult day healthcare facility delivering PACE services under Medicare and Medicaid programs.

Where is this medical center located?

The property is located at 130 S Alvarado St Los Angeles, CA.

What are key features of this property?

This property features: 28,017 SF, multi‑specialty Adult Day Healthcare Center delivering PACE services for seniors; Facility is under extensive renovation and will soon be 100% occupied and operating as an Adult Day Healthcare Center; PACE services include Medicare and Medicaid programs for senior patients