11600 W Pico Blvd - Medical Building for Sale

11600 W Pico Blvd - Medical Building for Sale is an office property at 11600 W. Pico Blvd in Los Angeles, CA. The 5,000 SF building, built in 2000, is offered for sale as a medical building.

For a medical office buyer, the 5,000 SF building sets a defined scale for an owner-user or operator seeking a property rather than a lease. Its 2000 construction date gives buyers a starting point for reviewing the building against their plans for occupancy. The property also includes 5 acres, a land component that warrants attention alongside the building itself. Together, the building and site allow a buyer to consider how much of the purchase decision rests on the existing office space and how much rests on ownership of the land.

The asking price is $5,500,000. An owner-user can approach the purchase through its need for a medical building and a site under the same ownership, while an investor can focus on the building and land as separate parts of the acquisition. The 5,000 SF building is the existing asset at the center of the offering; the 5 acres make the site an equally important part of the buyer’s review. This is a sale for buyers whose plans call for control of both the building and its land in Los Angeles.