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10604767
20112863

6024 Fallbrook Ave, Los Angeles, CA 91367

CH
CA 01115674
SVN | Rich Investment Real Estate Partners Sherman Oaks
Listed by SVN | Rich Investment Real Estate Partners Sherman Oaks
Unpriced
1167 days on market
Updated 85 days ago

Woodland Park Dental Plaza

Details
APN 2039-017-004
Property Type Office
Sub Type Medical Office, Traditional Office
Square Footage 6,720
Units 4
Occupancy 56%
Tenancy Multi
Lease Type Gross
Rent Bumps Yes
Broker Co-Op Yes
Class B
Year Built 1975
Buildings 1
Stories 2
Lot Size (SqFt) 15,531
Zoning LACR
Parking Spaces 26 spaces
Parking Per SqFt 3.87
Investment Type Owner/User

OWNER/USER MEDICAL/DENTAL FOR SALE

Marketing description

P R O P E R T Y

D E S C R I P T I O N

SVN is proud to offer, Woodland Park Dental Plaza, in Woodland Hills, CA. This four-unit dental office building provides an owner/user or investor a desirable dental/medical practice location, in a prime Woodland Hills location. The property is visually attractive with minimal maintenance needs, and significant upside in appreciation from the massive growth in the area. The property is currently 56% occupied with modified gross leases and annual rent increases in place and the ability to allow an owner/user to obtain 51% occupancy within 2 months of the close of escrow.

Investment highlights

P R O P E R T Y

H I G H L I G H T S

  • Approx. 56% occupied medical office with the ability to obtain approx. 51% of the property

  • SBA loan possible

  • Built out as 4 dental offices plus storage ( 2 ground floor units are vacant)

  • Potential for medical condominium conversion

  • Ground Floor exterior ADA compliance recently completed

  • Partial new roof installed and completed June, 2024 with a 7 year warranty

  • High-visibility building on Fallbrook which sees approximately 36K cars / day

  • Prime location blocks from Warner Center

Listing Contacts

CH
CA 01115674
SVN | Rich Investment Real Estate Partners Sherman Oaks
Listed by SVN | Rich Investment Real Estate Partners Sherman Oaks

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