3201 MacArthur Boulevard is an existing medical office building. Originally constructed in 1951 the building now contains: A large chiropractic office, with 5 separate treatment rooms, a reception area, an ADA bathroom and a small kitchen; An acupuncture clinic with 4 separate treatment rooms, 3 offices, 2 reception areas, and 2 bathrooms; 5 additional medical offices; 3 additional bathrooms; 1 Recently renovated one-bedroom apartment; and 8 Off-street parking spaces. The building is currently approximately 50% leased and will be delivered approximately 75% vacant at close of escrow. All tenants are on short-term leases and may want to extend their lease with the new owners depending on the lease terms. Based on the current zoning (RU-5; Residential - Urban, 1-5 Stories), this parcel may be able to be developed to include a mix of residential and commercial spaces. Buyers are responsible for investigating any development potential with all regulatory agencies and construction professionals.