2700 W Manchester Blvd - Medical FOR SALE


Inglewood, CA 90305
$11,000,000 USD
213-446-2286
2700 W Manchester Blvd, Inglewood, CA for Sale
$11,000,000 USD
Medical - FOR SALE
1/17
null | 4.97% Cap Rate

2700 W Manchester Blvd
Inglewood, CA 90305


HIGHLIGHTS

  • Prime Inglewood Investment Purchase Opportunity
  • 100% Occupied Federally Qualified Health Center (FQHC)
  • Actual $547,176 NOI — 4.97% Cap Rate
  • 1-Mile East of Kia Forum, Intuit Dome, YouTube Theater and SoFi Stadium

OVERVIEW

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).

FOR SALE DETAILS

PRICE

$11,000,000 USD

PRICE/SF

$835 USD /SF

CAP RATE

4.97%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Federally Qualified Health Center (FQHC)

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,218 SF

ZONING

C2, Inglewood

APN/PARCEL ID

4026-003-025

ASK ABOUT THIS PROPERTY

Rene MexiaMajor PropertiesMore Info
213-446-2286

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Rene MexiaMajor PropertiesMore Info
213-446-2286

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.