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Vacant Medical Office Buildings

9901 Compton Avenue, Los Angeles, CA 90002

For Sale
New
$1,950,000

Two existing medical facilities offer flexible occupancy, dedicated parking, and LA-R2 zoning.

Property Size5,967 SF
Lot Size0.26 Acres
Price / SF$326.80
Days on Market4

Property Features for 9901 Compton Avenue

General Information

Standard status Active
Size 5,967 SF
Lot size 0.26 Acres
Property subtype HC, OFC, SCR
Zoning LA-R2

Site & Location

Neighborhood Watts
Highway Access Yes
Road Access Yes

Additional Details

Property Use Medical Office

Building Details

Building Size 5,967 SF
Year Built 1947
Buildings 2
Stories 1
Units 2
Listing Agency: KW Commercial L.A. Westside
Listed By: David Yashar · License #01102638
Source: Realnex
Added: Nov 6 Changed: Nov 8 Last Checked: Nov 8 at 4:13PM

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 KW Commercial L.A. Westside

Rey
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Investment Insights

Based on property information with market context.

Two medical office buildings at 9901 Compton Avenue contain approximately 5,967 SF on a corner site spanning two parcels and approximately 11,352 SF. The buildings date to 1947 and are scheduled for vacant delivery at closing. Two dedicated parking areas serve the property, with additional street parking available. Zoning is LA-R2.

The site has approximately 125 feet of frontage on Compton Avenue and 68 feet on 99th Street. It is just north of Century Boulevard and less than 2 miles from the I-105 and I-110 Freeways. The surrounding area includes more than 50,000 residents within 1 mile and more than 400,000 within 3 miles.

Key Highlights

  • Two medical office buildings totaling approximately 5,967 SF
  • Corner site comprises approximately 11,352 SF across two parcels
  • Approximately 125 feet of Compton Avenue frontage and 68 feet on 99th Street

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$141,634
Cap Rate
7.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,832,680 $2.8M
Cap Rate 7%
$2,023,343 $2.0M
Cap Rate 9%
$1,573,711 $1.6M
Market Conditions
NOI Build-Up for 5,967 SF
Gross rent
$232.0K $38.88/SF
− Vacancy
−$43.2K −$7.23/SF
EGI
$188.8K $31.65/SF
− OpEx
−$47.2K −$7.91/SF
NOI
$141.6K $23.74/SF
Area
Los Angeles, CA
Vacancy
18.60%
Lease Rate
$38.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,832,680
Cap Rate 7%
$2,023,343
Cap Rate 9%
$1,573,711

Alternative Uses

Best Use
Office B
$2.02M
$1.77M – $2.36M (±1% cap)
NOI $141,634 @ 7.0% cap · market cap 7.26%
Second Best
Healthcare Medical
$1.58M
$1.38M – $1.84M (±1% cap)
NOI $110,671 @ 7.0% cap · market cap 5.68%
Theoretical Best
Office A
$2.49M
$2.18M – $2.91M (±1% cap)
NOI $174,391 @ 7.0% cap · market cap 8.94%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Family & Community Medical Community Health Centre Watts Healthcare 9901 ... Physician

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

830
Businesses Nearby
Under-served
Demand for This Use

Demographics for 90002, CA

53,150
Population
13,808
Households
3.8
Avg Household Size
30
Median Age
8%
College-Educated
53%
High-School Grad
3.0 sq mi
ZIP Area
17,717
Density / Sq Mi
$56,158
Median Household Income
$29,680
Median Earnings
$1,509
Median Rent
$502,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Medical Office Space in Los Angeles, CA

$530 Jul
$436 Aug
$626 Sep
$728 Oct

Properties on Market for Medical Office Space in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Medical Office Space - Two existing medical facilities offer flexible occupancy, dedicated parking, and LA-R2 zoning.
Where is this medical office space located?
The property is located at 9901 Compton Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Two medical office buildings totaling approximately 5,967 SF; Corner site comprises approximately 11,352 SF across two parcels; Approximately 125 feet of Compton Avenue frontage and 68 feet on 99th Street
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