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    11543-11545 Olympic Blvd Los Angeles, CA 90064

    Sponsored
    For Sale
    Contact for pricing

    West LA medical building, high traffic area.

    Property size:
    660 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a rare, freestanding medical office building ideally situated on a hard corner at Olympic Boulevard and Colby Avenue in West Los Angeles. The property boasts excellent signage visibility due to its prominent location and high traffic counts. The building comprises two floors, each approximately 3,280 square feet, totaling approximately 6,560 square feet. The first floor offers 16 treatment rooms, two restrooms, and a kitchenette, providing ample space for a variety of medical practices. The second floor includes a restroom and three convenient access stairways. The property includes a private parking lot with 19 spaces, a significant advantage in this high-demand area. The building benefits from its proximity to the 10 and 405 freeways, ensuring easy accessibility for patients and staff. A billboard lease is in place, generating additional income. The current lease terms are $4,200 per month from September 1, 2023, to October 31, 2025, and $4,400 per month from September 1, 2025, to October 31, 2027. The property is zoned C2-1/(Q) C2-1/RS-1, and the lot size ranges from 5,300 to 7,772 square feet, with the building's total square footage ranging from 660 to 7,025 square feet. The APN numbers are 4260005017 and 4260005014. This is a unique opportunity to acquire a well-located, income-producing medical office building in a highly desirable West Los Angeles market.

    Property Features for 11543-11545 Olympic Blvd

    General Information

    Property type
    Medical offices
    Square Feet
    660 SF

    HighLights

    • Rare freestanding medical office building in West LA with private parking.
    • Excellent signage visibility on hard corner of Olympic Blvd & Colby Ave.
    • First floor: ±3,280 SF with 16 treatment rooms, 2 restrooms, and kitchenette.
    • Second floor: ±3,280 SF with restroom and 3 stairwells.
    • High traffic counts and freeway proximity (10 & 405).
    • 19 parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    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
    -118.4448882
    Latitude
    34.0362758

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    FAQs

    What type of property is this?
    Medical office - West LA medical building, high traffic area.
    Where is this medical office located?
    The property is located at 11543-11545 Olympic Blvd Los Angeles, CA.
    What are key features of this property?
    This property features: Rare freestanding medical office building in West LA with private parking.; Excellent signage visibility on hard corner of Olympic Blvd & Colby Ave.; First floor: ±3,280 SF with 16 treatment rooms, 2 restrooms, and kitchenette.
    Request Owner's contact information
    11543-11545 Olympic Blvd Los Angeles, CA 90064
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    11543-11545 Olympic Blvd Los Angeles, CA 90064
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