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- LoopNet Team
963 S Western Ave
Los Angeles, CA 90006
PRIME MEDICAL OFFICE CONVERSION OPPORTUNITY · Retail Property For Sale
PROPERTY FACTS
- Storefront
- General Retail Storefront
- General Retail Storefront Retail/Office
Amenities
- Signage
About 963 S Western Ave , Los Angeles, CA 90006
Due to changes in the way medicine is practiced, many physicians no longer require an office located on hospitals campus. Instead there is a growing trend by doctors to establish their practice in locations that are convenient for the patients they are severing. Subsequently, well located, off-campus medical office buildings, similar to the subject property have seen increased demand. As off-campus properties become more desirable, the rental rates are surpassing those on-campuses. In addition, when considering a community-based location, physicians are sensitive to the ease of access for their patients. The subject property' s location further distinguishes it as the ideal building in a supply constrained market for medical office buildings or medical conversion opportunities which will benefit from increased demand.
PROPERTY TAXES
Parcel Number | 5080-007-002 | Improvements Assessment | $1,218,472 |
Land Assessment | $7,232,236 | Total Assessment | $8,450,709 |
PROPERTY TAXES
Listing ID: 13578806
Date on Market: 2018-08-23
Last Updated:
Address: 963 S Western Ave, Los Angeles, CA 90006
The Retail Property at 963 S Western Ave, Los Angeles, CA 90006 is no longer being advertised on LoopNet.ca. Contact the broker for information on availability.
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