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Investment Highlights
- ±4,600 SF Freestanding Medical Office Building
- Turnkey Layout – Significant Buildout Cost Savings
- On-Site Parking + Ample Surrounding Street Parking
- Fully Built-Out 2nd Generation Medical Facility
- Monument & Storefront Signage Opportunities
- Located in Dense East Los Angeles Trade Area
Executive Summary
Located within a highly visible 7-Eleven-anchored retail center at the corner of East 1st Street and Alma Avenue, the property benefits from strong daily traffic, monument signage, and excellent access from both cross streets. Positioned in Wellington Heights near Boyle Heights and City Terrace, the building is surrounded by dense residential neighborhoods with strong Hispanic demographics and limited competing medical ownership opportunities. With convenient access to the 60, 5, and 710 Freeways and proximity to public transportation, this location offers exceptional accessibility for patients and staff.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Amenities
- 24 Hour Access
- Pylon Sign
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Monument Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Health Care and Social Assistance
- -
- -
- Triple Net
- -
Carelon launched as a healthcare services brand under Elevance Health in 2022, following a shift toward services beyond traditional health insurance. The company supports whole health through capabilities that include behavioral health, pharmacy, palliative care, and research, and it also works across medical benefits management and care delivery. Carelon brings together care providers, life sciences, palliative and post-acute care teams, and community agencies to connect care across the health system. The company operates as part of a broader healthcare services platform built to simplify experiences for members, providers, and health plans, with Carelon Medical Benefits Management and other Carelon businesses operating under names such as AIM Specialty Health.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Health Care and Social Assistance | - | - | Triple Net | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 5232-011-010 | Improvements Assessment | $51,696 |
| Land Assessment | $33,064 | Total Assessment | $84,760 |



