Medical Office Suite with Existing
4477 W 118th St, Hawthorne, CA 90250
For Sale
New
$525,000
An established clinical layout includes dedicated reception, treatment rooms, staff areas, and in-suite restrooms.
Property Size1,851 SF
Price / SF$283.63
Days on Market2
Property Features for 4477 W 118th St
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Public Transit
Additional Details
Condition
Property Use
Building Details
Building Size
Year Built
Units
Listing Agency:
Chhabria Real Estate Company
Listed By:
Neil Chhabria · License #01821437
(310) 379-2167
Source:
Elliman
Added: Nov 8
Last Checked: Nov 8 at 6:25PM
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 Chhabria Real Estate Company
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Investment Insights
Based on property information with market context.
This 1,851-square-foot medical office condominium in Hawthorne has a layout organized around a waiting lobby and a separate reception area. Eight rooms can serve as offices or examination rooms, with two restrooms inside the suite. Staff work areas, built-in cabinetry, and storage are also part of the space. Windows bring natural light into the interior and provide expansive views.
The property includes three subterranean garage parking spaces. The building was constructed in 1983.
The property includes three subterranean garage parking spaces. The building was constructed in 1983.
Key Highlights
- 1,851‑square‑foot medical office condominium
- Eight rooms configured for office or examination use
- Waiting lobby and separate reception area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,461
Cap Rate
7.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$809,220
$809.2K
Cap Rate 7%
$578,014
$578.0K
Cap Rate 9%
$449,567
$449.6K
Market Conditions
NOI Build-Up for 1,851 SF
Gross rent
$71.1K $38.40/SF
− Vacancy
−$17.1K −$9.25/SF
EGI
$53.9K $29.15/SF
− OpEx
−$13.5K −$7.29/SF
NOI
$40.5K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$809,220
Cap Rate 7%
$578,014
Cap Rate 9%
$449,567
Alternative Uses
Best Use
Office B
$578.0K
$505.8K – $674.4K
NOI $40,461 @ 7.0% cap · market cap 7.71%
Second Best
Healthcare Medical
$501.5K
$438.8K – $585.0K
NOI $35,102 @ 7.0% cap · market cap 6.69%
Theoretical Best
Office A
$991.0K
$867.1K – $1.16M
NOI $69,371 @ 7.0% cap · market cap 13.21%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,176
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 90250, CA
97,653
Population
34,105
Households
2.9
Avg Household Size
35
Median Age
26%
College-Educated
79%
High-School Grad
6.8 sq mi
ZIP Area
14,361
Density / Sq Mi
$74,923
Median Household Income
$40,288
Median Earnings
$1,723
Median Rent
$827,600
Median Home Value
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Market
Average Price Trend$/SF for Medical Office Space in Los Angeles County, CA
Properties on Market for Medical Office Space in Los Angeles County
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - An established clinical layout includes dedicated reception, treatment rooms, staff areas, and in-suite restrooms.
Where is this medical office space located?
The property is located at 4477 W 118th St Hawthorne, CA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 1,851‑square‑foot medical office condominium; Eight rooms configured for office or examination use; Waiting lobby and separate reception area
