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11832 Rosecrans Ave
Norwalk, CA 90650
11832 Rosecrans Ave · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
18,984 SF
Building Class
C
Year Built
1976
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
533 SF
Slab To Slab
9’
Building FAR
0.34
Lot Size
1.28 AC
Zoning
C3-P
Parking
91 Spaces (4.79 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

ABOUT 11832 ROSECRANS AVE , NORWALK, CA 90650

Long Term 100% NNN Leased Single-Tenant Medical Office with Stable Cash Flow * Long-term 10+ year lease to Avanti Hospitals, a Los Angeles-based hospital system and high-quality healthcare service provider whose strategy includes improving operations and adding financial assistance to hospitals in underserved locations. Avanti Hospitals owns and operates four community hospitals (500 beds) within Los Angeles County. * Avanti Hospitals has leased this property on a long-term basis with the initial lease expiring in February 2027. The lease includes one - five year renewal option. This is a critical location for Avanti as the building resides within the footprint of their hospital portfolio. Investors will benefit from ease of ownership with stable, passive income with a low risk in-place cash flow yield. In addition, the property is being delivered completely free and clear of debt, enabling the investor to take advantage of historically low interest rates. Excellent Location with Strong Amenity Base * Excellent freeway access to the I-5 and I-605 freeways via Rosecrans four way interchange which provides access to most of Southern California. Rosecrans Avenue is one of Los Angeles' major East/West thoroughfares and includes some of the county' s most critical and frequently visited retail destinations and residential communities. Priced at $5,800,000; Significantly Below the Estimated Replacement Cost of $7,781,000.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 8073-008-013
  • 8073-008-026
Land Assessment
$3,934,380
Improvements Assessment
$2,332,773
Total Assessment
$6,267,153
  • Listing ID: 6726837

  • Date on Market: 4/11/2017

  • Last Updated:

  • Address: 11832 Rosecrans Ave, Norwalk, CA 90650

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