WESTMAC Commercial Brokerage Facilitates $7.2 Million Medical Office Sale in West LA

What Happened

WESTMAC Commercial Brokerage Company has finalized the sale of a medical office building located at 11570 W. Olympic Boulevard in Los Angeles. The property was sold to White Camden, LLC for $7.2 million.

The facility spans approximately 10,724 square feet and sits on a 23,187-square-foot lot. The site attracted significant interest from multiple bidders before the deal was completed.

T.C. Macker and Woody Cook of WESTMAC represented the seller, Nogan LLC, during the transaction. The buyer intends to operate the site as a medical office space for their own business use.

The Core Points

Sale price reached $7.2 million
Property features 10,724 square feet of medical office space
Buyer is an owner-user medical group
Multiple offers were submitted prior to closing
WESTMAC Commercial Brokerage represented the seller

Context in 60 Seconds

The transaction highlights the ongoing demand for owner-user commercial real estate in Los Angeles. Medical groups are increasingly looking to secure permanent locations to control their operational overhead and ensure long-term stability in a competitive real estate market.

This shift reflects a broader trend where healthcare providers prioritize property ownership to hedge against rising commercial lease costs. By acquiring their own facilities, these practices gain better control over their infrastructure and environment, which is becoming a strategic necessity for expanding medical businesses in high-density urban corridors.

Bottom Line

The $7.2 million sale underscores the strong appetite for owner-occupied medical office space in West Los Angeles, driven by the desire for long-term operational control.

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