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231 W Vernon Ave 22,219 SF 100% Leased Office Building Los Angeles, CA 90037 For Sale

Medical Offices California Los Angeles 231 W Vernon Ave, Los Angeles, CA 90037

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Investment Highlights

  • • The multi-tenant layout provides diversified income opportunities, enhancing investment security.
  • • As a healthcare-focused asset, the property remains resilient in various economic conditions, offering long-term stability.
  • • As a healthcare-focused asset, the property remains resilient in various economic conditions, offering long-term stability.
  • • Located in a high-demand area of Los Angeles, the property benefits from a strong and growing need for healthcare services.
  • • Large site in densely populated area has strong development potential.
  • • Extensive solar panels covering the large parking area to be delivered free and clear of any lease or debt.

Executive Summary

A prime multi-tenant medical office investment in the heart of South Los Angeles. This property is fully occupied by a mix of long-standing medical tenants, including physicians, radiology groups, dental, and community health providers - delivering stable cash flow and strong tenant diversity. The property has undergone recent upgrades including new flooring, roof, lighting, and landscaping completed in 2024, and features extensive solar panels over the parking area, delivered free and clear of any lease or debt.
Located minutes from Exposition Park, USC, and major hospitals, 231 W Vernon Ave benefits from a dense, transit-accessible, and revitalizing corridor with growing demand for healthcare services. This offering combines income stability, upside potential, and long-term resilience within one of Los Angeles’s most dynamic medical markets.

Attachments

231 Vernon Ave OM

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
22,219 SF
Building Class
C
Year Built/Renovated
1953/2024
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
11,109 SF
Building FAR
0.45
Lot Size
1.14 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C2-2D-CPIO

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Arms INC
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Cadrin E Grill MD inc
  • Health Care and Social Assistance
  • -
  • -
  • -
  • CharlesI Okonkwo, MD Cardiogolist
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Eugene A Berchenko Metro INC
  • Services
  • -
  • -
  • -
  • Gill Cardin Urgent Care
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Gregory A Chambers, MD
  • Health Care and Social Assistance
  • -
  • -
  • -
  • JM Cathey Cook, MD
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Kedren Community Health Center
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Powell, Cheryl J Md
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Vernon Property Group Inc
  • Real Estate
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Arms INC Health Care and Social Assistance - - -
Cadrin E Grill MD inc Health Care and Social Assistance - - -
CharlesI Okonkwo, MD Cardiogolist Health Care and Social Assistance - - -
Eugene A Berchenko Metro INC Services - - -
Gill Cardin Urgent Care Health Care and Social Assistance - - -
Gregory A Chambers, MD Health Care and Social Assistance - - -
JM Cathey Cook, MD Health Care and Social Assistance - - -
Kedren Community Health Center Health Care and Social Assistance - - -
Powell, Cheryl J Md Health Care and Social Assistance - - -
Vernon Property Group Inc Real Estate - - -
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231 W Vernon Ave, Los Angeles, CA - Aerial map view - Image1
231 W Vernon Ave, Los Angeles, CA - Aerial map view - Image2
231 W Vernon Ave, Los Angeles, CA - Aerial map view - Image3
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (84)
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.
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, Transit Score® & Bike Score?
Walk Score® measures the walkability
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measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Property Taxes

Parcel Number 5111-010-036 Improvements Assessment $1,533,753 CAD
Land Assessment $548,947 CAD Total Assessment $2,082,700 CAD

Property Taxes

Parcel Number
5111-010-036
Land Assessment
$548,947 CAD
Improvements Assessment
$1,533,753 CAD
Total Assessment
$2,082,700 CAD
(424) 404-9993

Still interested?

Contact the brokers for more information about this property

Contacts

  • Listing ID: 38257139

  • Date on Market: 2025-10-29

  • Last Updated:

  • Address: 231 W Vernon Ave, Los Angeles, CA 90037

The Vernon-Main Office Property at 231 W Vernon Ave, Los Angeles, CA 90037 is currently available. Contact Eve Capital for more information.

OFFICE PROPERTIES IN NEARBY NEIGHBORHOODS

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231 W Vernon Ave, Los Angeles, CA for sale Primary Photo- Image 1 of 7
Front view of 231 W Vernon Ave
231 W Vernon Ave, Los Angeles, CA for sale Building Photo- Image 2 of 7
Front view of 231 W Vernon Ave
231 W Vernon Ave, Los Angeles, CA for sale Aerial- Image 3 of 7
Aerial view of 231 W Vernon Ave
231 W Vernon Ave, Los Angeles, CA for sale Building Photo- Image 4 of 7
Front view of 231 W Vernon Ave1)
231 W Vernon Ave, Los Angeles, CA for sale Aerial- Image 5 of 7
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231 W Vernon Ave, Los Angeles, CA for sale Aerial- Image 6 of 7
Left Aerial view of 231 W Vernon Ave
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231 W Vernon Ave
(424) 404-9993 x

231 W Vernon Ave

Laura Alice Scaturro
(424) 404-9993

Sherri Stokes
(310) 482-0422

Lea Richard
(424) 322-6713

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