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3513 E 1st St 4,600 SF Retail Building Los Angeles, CA 90063 $6,151,725 CAD ($1,337.33 CAD/SF) 4.21% Cap Rate



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 is a healthcare services company launched in 2022 as part of Elevance Health, focusing on delivering integrated solutions across pharmacy, behavioral health, and medical benefits management. The organization provides technology-driven care coordination, pharmacy benefit management, and clinical programs designed to improve health outcomes and reduce costs. Its portfolio includes CarelonRx for pharmacy services, Carelon Behavioral Health for mental health and substance use support, and Carelon Health for advanced primary care. Carelon also offers analytics and digital tools to support value-based care models and population health management. Operating as a privately held entity, Carelon leverages data insights and clinical expertise to streamline care delivery and enhance patient engagement across diverse healthcare settings.
| 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 | $70,696 CAD |
| Land Assessment | $45,216 CAD | Total Assessment | $115,912 CAD |
Property Taxes
Presented by
3513 E 1st St
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