Property summary
This exceptional 712,780-square-foot mixed-use property, located at 11801 W Olympic Blvd in Los Angeles, CA 90064, presents a unique investment opportunity. Situated on a 1.64-acre lot, this Class B building boasts a versatile design suitable for medical office, flex, and R&D uses. Built in 2021 and extensively rehabilitated in 2019 to meet the latest building codes, the property features an efficient, open floor plan with an impressive 18' to 28' bow truss ceiling and a 40' tower. The building includes approximately 50,000 square feet with an existing BSL-2 lab, ready for immediate occupancy. Infrastructure is in place to support life science users. Ample parking is provided with 91 spaces, including 42 covered stalls, in a two-level connected structure. Fourteen 14' loading docks ensure efficient logistics. The property benefits from three 1,200-amp 277/480 3-phase power feeds. Security features include gated and secured parking. Its prime location on the Olympic Corridor offers exceptional transit access, being steps from the Expo Line Bundy Station, making it a Transit-Oriented Development (TOD) opportunity. The property is currently vacant and available for sale under an Absolute NNN lease type.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Medical Laboratory
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
LAM2 · Los Angeles, CAZoning
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Zoning designation
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