This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.
This Retail Property is no longer advertised on LoopNet.ca.

963 S Western Ave
Los Angeles, CA 90006

PRIME MEDICAL OFFICE CONVERSION OPPORTUNITY · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
7,950 SF
Building Class
C
Year Built
1949
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.61
Lot Size
0.30 AC
Zoning
LAC2
Parking
16 Spaces (2.01 Spaces per 1,000 SF Leased)
Frontage
100 ft on S Western

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

PROPERTY TAXES

Parcel Number
5080-007-002
Land Assessment
$7,232,236
Improvements Assessment
$1,218,472
Total Assessment
$8,450,709
  • Listing ID: 13578806

  • Date on Market: 2018-08-23

  • Last Updated:

  • Address: 963 S Western Ave, Los Angeles, CA 90006

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}