3680 E Imperial Hwy, Unit | Lynwood Lynwood, CA 90262

Property Details for 3680 E Imperial Hwy

Year built

1982

Construction

STEEL FRAME

Lot size

0.86 lot acres

Property size

62,898 SF

Zone code

LYHM

Property type

Office buildings

APN

6173-015-039

APU

6173015039

Description

This exceptional value-add opportunity presents a five-story, 65,318 square foot medical office building situated on 2.01 acres in Lynwood, California. Located within 250 yards of the 384-bed St. Francis Medical Center, this Class B property boasts a prime location within a strong outpatient medical market. Currently 74.5% occupied by twelve established medical tenants, the weighted-average lease term is approximately 2.2 years. The building offers significant upside potential through leasing the remaining vacancy at rents projected to be 15-20% higher than current rates, attracting high-credit health systems seeking long-term commitments. Built in 1982, this multi-tenant property offers a compelling investment opportunity with a current NOI of $991,227 and a 7.08% cap rate. The asking price is $14,000,000, translating to $214.34 per square foot. The Lynwood area's established outpatient medical submarket, coupled with the limited availability of comparable properties, makes this a rare and attractive investment. The property's proximity to St. Francis Medical Center contributes to higher tenant reimbursements. This presents a unique chance to capitalize on the robust demand for medical office space in this thriving Los Angeles County location. The address is 3680 E Imperial Hwy, Lynwood, CA 90262.