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9/15/25
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A Los Angeles-based private investor purchased Imperial Medical Plaza, a 26.6k sf medical outpatient building in La Mirada. The price was not disclosed.
Imperial Medical Plaza is located at 15651 Imperial Hwy, approximately 20 miles southeast of Los Angeles. The two-story, multi-tenant MOB is currently 91% leased with a weighted average lease term of four years and is primarily occupied by physicians and dentists. The property's prime location provides ample parking with a ratio of 6.29 spaces per 1,000 square feet. Situated less than a mile from Kindred Hospital La Mirada (LTACH) and PIH Medical Plaza, the building benefits from its proximity to local medical providers and facilities.
Imperial Medical Plaza’s frontage along Imperial Highway offers convenient accessibility and excellent visibility for patients. The building is on a 2.43-acre parcel and is well-positioned for future development, being located in the city’s special housing overlay zone.
Chris Bodnar, Brannan Knott, Mindy Berman, Zack Holderman, Cole Reethof and Jesse Greshin of CBRE U.S. Healthcare Capital Markets partnered with Chris Manassero of CBRE’s Healthcare Private Capital Group to act as the exclusive advisors to the seller, Ethan Christopher LLC.
“This transaction reflects private investors’ appetite for stabilized healthcare assets with long-term upside,” said Manassero. “Private capital continues to be a dominant force in the medical outpatient sector, targeting well-located properties with strong fundamentals like the Imperial Medical Plaza.”
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