3680 Imperial HwyLynwood, CA 90262

  • Office properties
  • 62,898 SF
For Sale
$14,000,000 View listing

Property Details for 3680 Imperial Hwy

Year built
1982
Construction
STEEL FRAME
Lot size
0.86 AC
Property size (Sq ft)
62,898 SF
Zone code
LYHM
Property type
Office properties
Property subtype
Office buildings
APN
6173-015-039
APU
6173015039

Description

This exceptional value-add opportunity presents a five-story, 65,318 square foot medical office building situated on 2.01 acres in Lynwood, California. Located within 250 yards of the 384-bed St. Francis Medical Center, this Class B property boasts a prime location within a strong outpatient medical market. Currently 74.5% occupied by twelve established medical tenants, the weighted-average lease term is approximately 2.2 years. The building offers significant upside potential through leasing the remaining vacancy at rents projected to be 15-20% higher than current rates, attracting high-credit health systems seeking long-term commitments. Built in 1982, this multi-tenant property offers a compelling investment opportunity with a current NOI of $991,227 and a 7.08% cap rate. The asking price is $14,000,000, translating to $214.34 per square foot. The Lynwood area's established outpatient medical submarket, coupled with the limited availability of comparable properties, makes this a rare and attractive investment. The property's proximity to St. Francis Medical Center contributes to higher tenant reimbursements. This presents a unique chance to capitalize on the robust demand for medical office space in this thriving Los Angeles County location. The address is 3680 E Imperial Hwy, Lynwood, CA 90262.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $18,069,746
    6.5%
    $16,679,765
    7%
    $15,488,353
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,960,684
    Geo Method
    $11,960,684
  • Alternative Use

    Use
    Valuation
    Residential
    $20,682,908
    Hospitality
    $18,945,432
    Educational
    $15,762,378
    Medical
    $16,304,470
    Retail
    $24,519,254
3680 Imperial Hwy, Lynwood, California

Location Insight

City
Lynwood
County
Los Angeles
State
California
Latitude
33.9318
Longitude
-118.201
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$122,021
$2,186,533
$5,466,344
$7,652,877
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