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11162 La Grange Ave 5,116 SF 100% Leased Office Building West Los Angeles, CA 90025 $4,988,000 ($974.98/SF)
INVESTMENT HIGHLIGHTS
- Directly adjacent to 405 Freeway
- Beautifully remodeled creative space with sandblasted clear span bow truss ceiling
- Ten parking spaces
- Located in the Westside region of LA, surrounded by high value neighborhoods such as Belair, Brentwood, Beverly Hills, Westwood & Santa Monica
- Built in mezzanine offices with large conference room with open layout, exposed ceilings and skylights
EXECUTIVE SUMMARY
An exceptional offering in a highly desirable market, this property is perfectly suited for an owner-user seeking to establish their business headquarters or for an investor looking to expand their portfolio. Owner-users will enjoy the immediate functionality and location advantages of the building, while investors can benefit from the property’s strong market fundamentals, income potential, and long-term growth outlook.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
5,116 SF
Building Class
C
Year Built
1962
Price
$4,988,000
Price Per SF
$974.98
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,116 SF
Building FAR
0.81
Lot Size
0.14 AC
Zoning
LAM2
Parking
10 Spaces (1.95 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Conferencing Facility
- Security System
- Signage
- Skylights
- Reception
- Car Charging Station
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
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Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | 4323-024-003 | Improvements Assessment | $796,478 |
| Land Assessment | $4,153,075 | Total Assessment | $4,949,553 |
PROPERTY TAXES
Parcel Number
4323-024-003
Land Assessment
$4,153,075
Improvements Assessment
$796,478
Total Assessment
$4,949,553
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11162 La Grange Ave
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