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27909866
27909867

231 W Vernon Ave, Los Angeles, CA 90037

LS
CA 01942167
Eve Capital LLC
Listed by Eve Capital LLC
Unpriced
218 days on market
Updated 1 day ago
Opportunity zone

Multi-Tenant Medical Office

Details
APN 5111-010-036
Property Type Office, Retail
Sub Type Medical Office
Square Footage 22,198
Net Rentable (SqFt) 22,219
Units 17
Occupancy 100%
Tenancy Multi
Lease Type Modified
Year Built 1953
Year Renovated 2024
Buildings 2
Stories 2
Acreage 1.140
Zoning C2-2D-CPIO
Investment Type Value Add
Ownership FEE SIMPLE

Office | 22,198 SqFt

Marketing description

EVE CAPITAL presents 231 W Vernon Avenue, a prime multi-tenant medical office investment in the heart of South Los Angeles. This property is fully occupied by a mix of long-standing medical tenants, including physicians, radiology groups, dental, and community health providers - delivering stable cash flow and strong tenant diversity. The property has undergone recent upgrades including new flooring, roof, lighting, and landscaping completed in 2024, and features extensive solar panels over the parking area, delivered free and clear of any lease or debt.

Located minutes from Exposition Park, USC, and major hospitals, 231 W Vernon Ave benefits from a dense, transit-accessible, and revitalizing corridor with growing demand for healthcare services. This offering combines income stability, upside potential, and long-term resilience within one of Los Angeles’s most dynamic medical markets.

For additional details, contact Laura Alice at Eve Capital at (424) 404-9993 or visit evecap.com.

Investment highlights

• Features long-term, reputable medical tenants, ensuring stable cash flow.

• Multi-tenant layout provides diversified income opportunities, enhancing investment security.

• Located in a high-demand area of Los Angeles, the property benefits from a strong and growing need for healthcare services. The facility is positioned near hospitals and other medical providers, fostering collaboration and referral potential.

• As a healthcare-focused asset, the property remains resilient in various economic conditions, offering long-term stability.

• The strong healthcare industry in Los Angeles supports continued demand, contributing to long-term appreciation.

• Large site in densely populated area has strong development potential.

• Extensive solar panels covering the large parking area to be delivered free and clear of any lease or debt.

Listing Contacts

LS
CA 01942167
Eve Capital LLC
Listed by Eve Capital LLC

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