18433 Roscoe BlvdLos Angeles, CA 91325

Property Details for 18433 Roscoe Blvd

Year built

1976

Lot size

1.34 AC

Property size (Sq ft)

29,642 SF

Zone code

LAC1

Property type

Medical offices

Property subtype

Medical centers

APN

2786-022-035

APU

2786022035

Description

This exceptional 1,428-square-foot medical office suite in Los Angeles, California, presents a unique investment opportunity. Located at 18433 Roscoe Blvd, 91325, this single-tenant property boasts a high-image design, perfect for medical professionals seeking a prestigious location. The building features an open atrium, a thoughtfully built-out medical space, and extensive wrap-around windows providing abundant natural light. An on-site parking attendant ensures convenient parking for patients and staff. The building is elevator-served, enhancing accessibility. Excellent visibility is guaranteed with the potential for prominent monument and building signage. This prime Northridge location offers unparalleled convenience, situated minutes from various amenities, shopping centers, California State University, Northridge (CSUN), and the Northridge Fashion Square. The property sits on a 1.35-acre lot, providing ample space and parking. The building's modern design and desirable location make it an ideal setting for a thriving medical practice. The entire 1,428 square feet is currently vacant, offering immediate occupancy for a new tenant. This is a rare opportunity to acquire a turnkey medical office space in a high-demand area.

• CAP approach

  CAP return

  Valuation

  6%

  $8,580,707

  6.5%

  $7,920,652

  7%

  $7,354,892

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,636,722

  Geo Method

  $5,636,722

• Alternative Use

  Use

  Valuation

  Residential

  $9,821,609

  Hospitality

  $8,996,541

  Educational

  $7,485,016

  Medical

  $7,742,438

  Retail

  $11,643,359

Location Insight

City

Northridge

County

Los Angeles

State

California

Latitude

34.2213

Longitude

-118.535

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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