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1212 Wilshire Blvd
Los Angeles, CA 90017

$4,950,000 USD

Medical For Sale  •  8,007 SF

Property Details

  • Property Type Medical
  • Total Building Size 8,007 SF
  • Building Class C
  • Year Built 1960
  • Tenancy Single
  • Zoning LACW
98 Transit Score
93 Walk Score

Highlights

Long term 10 year lease, Tenant recently extended their Lease for an additional 10 Years
5% rental increases every five (5) years during term
Strong corporate guarantee in place
Long term operating history at location since 1995
Absolute NNN lease. All taxes, insurance, & common area maintenance expense is passed through to tenant
Long term security and stability for the investor

Property Flyers

Amenities

  • Bus Line

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 6 min - 2.5 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 8 min - 2.6 mi
Transit/SubwayDriveWalkDistance
7Th Street/Metro Center Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro), Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro), Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 11 min 0.6 mi
Westlake/Macarthur Park Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 16 min 0.8 mi
AirportDriveWalkDistance
Bob Hope 25 min - 14.3 mi
Los Angeles International 24 min - 14.4 mi
Long Beach (Daugherty Field) 30 min - 22.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Will Adams 213-596-2232 Newmark
Will Adams 213-596-2232 Newmark