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- LoopNet Team
4801 Whittier Blvd
Los Angeles, CA 90022
L.A. Care Health Plan Net Leased Investment · Retail Property For Sale
PROPERTY FACTS
Amenities
- Corner Lot
- Signalized Intersection
About 4801 Whittier Blvd , Los Angeles, CA 90022
2.1M L.A. CARE MEMBERS (2,129,601 Total Members ) 22.5K NETWORK PROVIDERS (23,309 Total Providers) 1.8K L.A. CARE EMPLOYEES (1,883 Total Employees) L.A. Care Website: http://www.lacare.org/2017annualreport/#page-pricing-plans INVESTMENT SUMMARY L.A. Care Health Plan is the nation’s largest publicly operated health plan. This single tenant net leased investment property offers investors the opportunity to earn an attractive long-term return guaranteed by L.A. Care and collateralized by excellent real estate in one of Los Angeles’ most dense infill communities. The property is located at 4801 Whittier Boulevard in East Los Angeles. The property consists of an 8,458 square foot retail building on a corner lot along the famous Whittier Boulevard. The building was built in 1938 and underwent a major renovation in 2018. The site is in the heart of L.A. Care’s target demographics and community and is one of six Family Resource Centers. L.A. Care’s Family Resource Centers focus on the needs of local communities; providing health plan information, and health, nutrition and exercise classes for both members and the general public. The initial lease term is ten (10) years with attractive two percent (2%) annual base rent increases and two (2) five-year options. This investment opportunity is exclusively listed by CBRE. Note: Parking lot show with dashed lines is a shared lot between all neighboring tenants. Parking lot show with a solid line is land owned by property but is also shared by the neighboring tenant.
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PROPERTY TAXES
Parcel Number | 5240-006-011 | Improvements Assessment | $343,907 |
Land Assessment | $998,972 | Total Assessment | $1,342,879 |
PROPERTY TAXES
Listing ID: 14572189
Date on Market: 2018-12-06
Last Updated:
Address: 4801 Whittier Blvd, Los Angeles, CA 90022
The Retail Property at 4801 Whittier Blvd, Los Angeles, CA 90022 is no longer being advertised on LoopNet.ca. Contact the broker for information on availability.
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