11682 Atlantic Avenue

    Lenwood, CA 90262
    • $1,072,000
    • STATUS: Active
    • ON SITE: 270 days
    • ID#: GD18059913
    UPDATED: 35 min ago
    $1,072,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,019
      SQFT
    • $178
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1947
    County:
    Area:

    School Ratings & Info

    Description

    The Subject Property is an approximately 6,019 square feet two-unit medical office facility with nearly 80% of the space being occupied by BAART Programs, a nationally recognized opiate treatment facility. This property grandfathered for medical usage.A buyer of this property will be advantageously positioned to take advantage of this supply shortage as nearly all of the properties within this corridor do not have the parking requirement to allow medical usage. While the Subject Property has no on-site parking the grandfather usage has prevailed and the tenant has executed their lease term, tenant improvements and will soon occupy the space.The tenant, BAART Programs, a brand of BayMark Health Services, is a multi-state, multi-service organization providing opioid use disorder treatment and rehabilitation for patients across the county. BAART has 26 clinics providing exemplary health care service for this ever increasing need.The building comes with an additional unit that is approximately 1,150 square feet and is currently being used as a chiropractic clinic, with running water and sinks in each exam room making it ideal for a medical or dental use conversion. The Chiropractic office currently occupying the 1,150 square foot suite is affiliated with the ownership of the building and plans to vacate the unit at the close of escrow.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-11T07:27:27.863. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.dscvrproperties.com/homes/81590669

    11682 Atlantic Avenue Lenwood, CA 90262

    • Price: $1,072,000
    • Status: Active
    • Updated: 35 min ago
    • ID#: GD18059913
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    6,019
    SQFT
    $178
    $/SQFT
    1947
    Built
    Neighborhood:
    RM - Lynwood
    County:
    Los Angeles
    Area:
    RM - Lynwood
    Property Description
    The Subject Property is an approximately 6,019 square feet two-unit medical office facility with nearly 80% of the space being occupied by BAART Programs, a nationally recognized opiate treatment facility. This property grandfathered for medical usage.A buyer of this property will be advantageously positioned to take advantage of this supply shortage as nearly all of the properties within this corridor do not have the parking requirement to allow medical usage. While the Subject Property has no on-site parking the grandfather usage has prevailed and the tenant has executed their lease term, tenant improvements and will soon occupy the space.The tenant, BAART Programs, a brand of BayMark Health Services, is a multi-state, multi-service organization providing opioid use disorder treatment and rehabilitation for patients across the county. BAART has 26 clinics providing exemplary health care service for this ever increasing need.The building comes with an additional unit that is approximately 1,150 square feet and is currently being used as a chiropractic clinic, with running water and sinks in each exam room making it ideal for a medical or dental use conversion. The Chiropractic office currently occupying the 1,150 square foot suite is affiliated with the ownership of the building and plans to vacate the unit at the close of escrow.
    Exterior Features

    Lot Features Level With Street Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Building Status Existing Business Type Medical Country Us Land Lease YN No Land Use OfficeRetail Laundry YN No Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Number Of Units Leased 2 Property Sub Type Office Special Listing Conditions Standard Water Source Public Zoning Lyc3

    Listing provided courtesy of Krikor Garabedian of Keller Williams R. E. Services.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-11T07:27:27.863. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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