Federally Qualified Health Center (FQHC) 2700 W Manchester Blvd

Prime Inglewood investment purchase opportunity. Federally Qualified Health Center (FQHC). Building consists of 2 stories plus a basement. Actual $547,176 net operating income — 4.97% cap rate. 100% occupied with five (5) tenants. There is secure, rear surface and rooftop parking for 24± vehicles. Located at the southwest corner of Manchester Blvd and 6th Avenue, 3 blocks east of Crenshaw Blvd. 185' frontage on Manchester Blvd & 120' on 6th Avenue. The Kia Forum, Intuit Dome, YouTube Theater and SoFi Stadium are all approximately one mile to the west . Easy access from three freeways, as the Century (105) Freeway is 2.7 miles to the south; the Harbor (110) Freeway is 2.5 miles to the east; and the San Diego (405) Freeway is 2.5 miles to the west.
Amenities include a foyer, reception, two waiting rooms, conference room, break room, exam rooms, private offices, 2 laboratories, 4 restrooms, and storage space.
FQHC stands for Federally Qualified Health Center, which is a primary care clinic that provides healthcare to underserved communities. FQHCs are also known as Community Health Centers (CHCs). FQHCs are federally funded, nonprofit organizations that operate in both rural and urban areas. They provide services to all individuals, regardless of their ability to pay, and offer a sliding fee discount scale for eligible patients.
FQHCs may offer a variety of services, including:
• Preventive services
• HCPCS coding
• Same-day billing
• Co-insurance waivers
• Care management services
• Communication technology-based services
FQHCs are designated by the Bureau of Primary Health Care and the Centers for Medicare and Medicaid Services of the United States Department of Health and Human Services. They are supervised by the Health Resources and Services Administration (HRSA).