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4801 Whittier Blvd
Los Angeles, CA 90022

L.A. Care Health Plan Net Leased Investment · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
8,458 SF
Building Class
C
Year Built/Renovated
1938/2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.69
Lot Size
0.28 AC
Zoning
LCM1* - Light Manufacturing

Amenities

  • Corner Lot
  • Signalized Intersection

About 4801 Whittier Blvd , Los Angeles, CA 90022

2.1M L.A. CARE MEMBERS (2,129,601 Total Members ) 22.5K NETWORK PROVIDERS (23,309 Total Providers) 1.8K L.A. CARE EMPLOYEES (1,883 Total Employees) L.A. Care Website: http://www.lacare.org/2017annualreport/#page-pricing-plans INVESTMENT SUMMARY L.A. Care Health Plan is the nation’s largest publicly operated health plan. This single tenant net leased investment property offers investors the opportunity to earn an attractive long-term return guaranteed by L.A. Care and collateralized by excellent real estate in one of Los Angeles’ most dense infill communities. The property is located at 4801 Whittier Boulevard in East Los Angeles. The property consists of an 8,458 square foot retail building on a corner lot along the famous Whittier Boulevard. The building was built in 1938 and underwent a major renovation in 2018. The site is in the heart of L.A. Care’s target demographics and community and is one of six Family Resource Centers. L.A. Care’s Family Resource Centers focus on the needs of local communities; providing health plan information, and health, nutrition and exercise classes for both members and the general public. The initial lease term is ten (10) years with attractive two percent (2%) annual base rent increases and two (2) five-year options. This investment opportunity is exclusively listed by CBRE. Note: Parking lot show with dashed lines is a shared lot between all neighboring tenants. Parking lot show with a solid line is land owned by property but is also shared by the neighboring tenant.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5240-006-011
Land Assessment
$694,073
Improvements Assessment
$238,942
Total Assessment
$933,015
  • Listing ID: 14572189

  • Date on Market: 12/6/2018

  • Last Updated:

  • Address: 4801 Whittier Blvd, Los Angeles, CA 90022

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