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GenevaCho Medical Center 3160 Geneva St 154,799 SF 52% Leased Office Building Los Angeles, CA 90020 For Sale

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INVESTMENT HIGHLIGHTS

  • Remodeled medical center offering top-notch facilities and amenities in the dynamic Koreatown neighborhood – LA’s most densely populated area.
  • The ground floor is set up to serve as a “mini-hospital,” with facilities for imaging, surgery, dialysis, Urgent Care, endoscopy, and more.
  • The building includes unique medical office and supporting services suites, including retail, dining, conference facilities, and pharmacies.
  • Fantastic opportunities in an area that is medically underserved – with more than 1.2 million people within 5 miles of the center.
  • Located within a Qualified Opportunity Zone (QOZ), tenants also enjoy collaboration opportunities with USC, UCLA, and Cedars-Sinai Medical Center.
  • The GenevaCho Medical Center provides ample parking options for patients and guests and is also just a ½ mile from a Metro station.

EXECUTIVE SUMMARY

GenevaCho Medical Center is a state-of-the-art outpatient medical center focused on delivering high-quality health care to the robust and underserved community of Koreatown. Formerly home to the Shriners Children’s Hospital Los Angeles, the building is being completely remodeled and is ready to cater to a wide variety of medical office businesses and related services. There are also plans for a fourth floor consisting of 40 independent living units.

The vision for the GenevaCho Medical Center is to serve as a “mini-hospital” by providing top-notch medical facilities on the ground floor, including (but not limited to) an imaging center, a minor surgery center, a kidney dialysis center, an Urgent Care facility, and endoscopy labs. Supporting these ground-floor facilities will be a mix of medical office, physical therapy, pharmacy, and supporting retail suites on the second and third floors.

The outstanding amenities and premier building signage and identity options make GenevaCho Medical Center extremely attractive to incoming tenants or owners/users. GenevaCho Medical Center boasts a prime location within a Southern California Qualified Opportunity Zone (QOZ). Businesses can take advantage of collaboration opportunities with USC’s Leonard Davis School of Gerontology, UCLA, and Cedars-Sinai Medical Center.

In addition to the 180 on-site parking spaces (with additional parking on the surrounding streets), it is only a half-mile walk to the Wilshire/Vermont Metro Station. This ease of access allows businesses in the center to conveniently serve patients from the Greater Los Angeles Area, with more than 1.2 million people living within a 5-mile radius.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
154,799 SF
Building Class
B
Year Built
2023
Percent Leased
52%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
51,600 SF
Building FAR
1.58
Lot Size
2.25 AC
Opportunity Zone
Yes
Zoning
R1-1 - One-Family Zone

AMENITIES

  • Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 1,000-30,919 SF
  • Office/Medical
  • -
  • Sep 2026
  • 2nd Floor
  • 1,000-39,978 SF
  • Office/Medical
  • -
  • Sep 2026
  • 3rd Fl-Ste 331
  • 3,187 SF
  • Medical
  • Shell Space
  • Now

Medical office / hospital building for lease and selling possible. Former Shriners Children’s Hospital Currently known as GenevaCho Medical Center Building Class: Class B medical office 2. Building & Lot Size Building size: 154,799 sq ft Lot size: 2.25 acres (~98,010 sq ft) 3-story structure APN: 5501-023-013 Originally built in 1951 Updated/remodeled in later years Suitable for imaging, surgery center, dialysis, urgent care, endoscopy, etc. The building is marketed as a future “mini-hospital” concept. Special Zoning & Development Property is inside a Qualified Opportunity Zone (QOZ) ? potential tax benefits for investors Listing mentions a plan for: 40 independent living units on the 4th floor Mini-hospital facilities on the 1st floor On-site parking for approximately 180 vehicles

Space Size Space Use Condition Available
1st Floor 1,000-30,919 SF Office/Medical - Sep 2026
2nd Floor 1,000-39,978 SF Office/Medical - Sep 2026
3rd Fl-Ste 331 3,187 SF Medical Shell Space Now

1st Floor

Size
1,000-30,919 SF
Space Use
Office/Medical
Condition
-
Available
Sep 2026

2nd Floor

Size
1,000-39,978 SF
Space Use
Office/Medical
Condition
-
Available
Sep 2026

3rd Fl-Ste 331

Size
3,187 SF
Space Use
Medical
Condition
Shell Space
Available
Now

1st Floor

Size 1,000-30,919 SF
Space Use Office/Medical
Condition -
Available Sep 2026

2nd Floor

Size 1,000-39,978 SF
Space Use Office/Medical
Condition -
Available Sep 2026

3rd Fl-Ste 331

Size 3,187 SF
Space Use Medical
Condition Shell Space
Available Now

Medical office / hospital building for lease and selling possible. Former Shriners Children’s Hospital Currently known as GenevaCho Medical Center Building Class: Class B medical office 2. Building & Lot Size Building size: 154,799 sq ft Lot size: 2.25 acres (~98,010 sq ft) 3-story structure APN: 5501-023-013 Originally built in 1951 Updated/remodeled in later years Suitable for imaging, surgery center, dialysis, urgent care, endoscopy, etc. The building is marketed as a future “mini-hospital” concept. Special Zoning & Development Property is inside a Qualified Opportunity Zone (QOZ) ? potential tax benefits for investors Listing mentions a plan for: 40 independent living units on the 4th floor Mini-hospital facilities on the 1st floor On-site parking for approximately 180 vehicles

Walk Score®
Walker's Paradise (94)
Transit Score®
Excellent Transit (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5501-023-013
Land Assessment
$21,960,105
Improvements Assessment
$9,671,548
Total Assessment
$31,631,653
  • Listing ID: 29120068

  • Date on Market: 7/27/2023

  • Last Updated:

  • Address: 3160 Geneva St, Los Angeles, CA 90020

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