Lincon Medical Building — Sale in Los Angeles, CA

  • Price: $30.8M
  • Listing type: For sale
  • Asset type: Office
  • Location: Los Angeles, CA 90031
  • Size: 51,722 SF

Photos

Lincon Medical Building — Sale in Los Angeles, CA, photo 1 of 5
Lincon Medical Building — Sale in Los Angeles, CA, photo 2 of 5
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Lincon Medical Building — Sale in Los Angeles, CA, photo 4 of 5
Lincon Medical Building — Sale in Los Angeles, CA, photo 5 of 5

Investment Figures

Price per square foot
$596

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Newmark, as exclusive advisor, is pleased to present the opportunity to acquire fee simple interest in the Lincoln Medical Building (the “Property”). Located at 3303-3331 Broadway, Los Angeles, the Property was designed and constructed to meet the specific needs of the Los Angeles County Department of Mental Health (LACDMH), the nation’s largest county-operated mental health agency with an annual operating budget of approximately $3 billion. Totaling 51,722 square feet, the Property is 100% leased to three tenants and is anchored by investment-grade County of Los Angeles Department of Mental Health, who occupies approximately 84% of the Property.

Market Context

This office in Los Angeles, CA is listed for sale at $30,830,000 across 51,722 SF. Compare it against other office listings for sale in Los Angeles, CA — view the full market.

As of Q2 2026, the Greater Los Angeles office market showed average asking rents near $43.08/SF/yr. Source: multiple brokerage reports, Q2 2026.

Estimated Price per SF

$120.58/SF – $876.96/SF

Mid: $365.40/SF

Estimated price for 51,722 SF: $18,899,219 (range $6,236,639 – $45,358,125)

About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.

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