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7913 Satsuma Ave Los Angeles, CA 91352

Sponsored
For Sale
$2,000,000

Prime Medical Building, High Cap Rate

Property size:
2,497 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
Exceptional investment opportunity: a 2,497 square foot medical facility in Los Angeles, California's Sun Valley neighborhood. This property, located at 7913 Satsuma Ave, 91352, boasts a 6.20% cap rate and a net operating income (NOI) of $124,104, making it an attractive addition to any portfolio. Offered at $2,000,000, the price per square foot is $800.96. The building, constructed in 1944, sits on a 7,694 square foot lot and is currently zoned residential. This six-bed congregate healthcare living facility is licensed by the state of California. Sun Valley, a vibrant Los Angeles community, offers a population of approximately 75,000 with a median age of 28 and a median household income of $51,290 (2015 data). Its convenient location provides easy access to Downtown Los Angeles, major freeways, shopping, and dining. The property's APN is 2409-006-017. This is a rare chance to acquire a well-situated medical facility with strong financial performance in a growing market.

Property Features for 7913 Satsuma Ave

General Information

Property type
Hospitality properties
Square Feet
2,497 SF

Building Details

Year Built
1944

HighLights

  • $2,000,000 asking price.
  • 2,497 square foot medical facility.
  • 6.20% cap rate with a $124,104 NOI.
  • Located at 7913 Satsuma Ave, Los Angeles, CA 91352.
  • Situated on a 7,694 square foot lot.
  • Built in 1944.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market 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
-118.3673578
Latitude
34.2143102

FAQs

What type of property is this?
Hospitality property - Prime Medical Building, High Cap Rate
Where is this hospitality property located?
The property is located at 7913 Satsuma Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: $2,000,000 asking price.; 2,497 square foot medical facility.; 6.20% cap rate with a $124,104 NOI.
More about this property
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