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    10515 Balboa Blvd Los Angeles, CA 91344

    Sponsored
    For Lease
    $40 SF/Yr

    Prime Medical Office Space, West San Fernando Valley.

    Lot size:
    44,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional three-story medical office building, Doctors Medical Plaza, presents a unique investment opportunity in Los Angeles's West San Fernando Valley submarket. Located at 10515 Balboa Blvd, Los Angeles, CA 91344, this Class B building boasts a total of 44,000 square feet, offering multiple tenancy options. Currently, there is 7,646 square feet of prime vacant space available, with the potential to lease contiguous space up to the building's total square footage. Built in 1983 and renovated in 1997, the property sits on 1.39 acres of land and features a building floor area ratio (FAR) of 0.73. Ample parking is provided with a ratio of 5 spaces per 1,000 square feet. The building is equipped with elevators for convenient access to all three floors. The property is zoned A21LC and its Assessor's Parcel Number (APN) is 2695-009-027. This location offers excellent visibility and accessibility, making it an ideal setting for medical practices of all sizes. The available space ranges from 925 square feet to the entire 44,000 square feet. Don't miss this chance to secure a prominent presence in a thriving medical community.

    Property Features for 10515 Balboa Blvd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    44,000 SF
    Class
    B
    Total Rate
    147400

    Building Details

    Year Built/Renovated
    1983/1997
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 200
    Size
    1,289 SF
    Rate per SF
    $40
    Space
    Suite 375
    Size
    1,961 SF
    Rate per SF
    $40
    Space
    Suite 210/225/225A
    Size
    2,274 SF
    Rate per SF
    $40

    HighLights

    • Located in the prestigious Doctors' Medical Plaza.
    • 100% healthcare‑focused tenant occupancy.
    • Features an on‑site pharmacy.
    • Electricity is included in the lease rate.
    • Excellent freeway access via the 405 and 118 freeways.
    • Ample on‑site and street parking with shaded structures.
    Property Profile Location Intelligence

    Current Use by Public Records

    San Fernando Dental ... Dentist Naidu Jay MD Dentist Dr. Brian Kim ... Orthodontist Dr. Karen W. ... Psychiatrist OJG Health Products, ... Dental Supply Store

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.5027182
    Latitude
    34.2613724

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office Space, West San Fernando Valley.
    Where is this medical office located?
    The property is located at 10515 Balboa Blvd Los Angeles, CA.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: Located in the prestigious Doctors' Medical Plaza.; 100% healthcare-focused tenant occupancy.; Features an on-site pharmacy.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10515 Balboa Blvd Los Angeles, CA 91344
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