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1674 Corinth Ave 2,376 SF Office Building Los Angeles, CA 90025 $1,750,000 ($736.53/SF) 6.52% Cap Rate
Investment Highlights
- Incredible Location near the 405 and 10 Freeway access
- Turn-key Owner User with fully built out office suites
- $1.750.000 low barrier to entry into high value real estate location
- Walkability is unmatched with access to everything Sawtelle has to offer
- Possible Sale Lease Back at 6.52% CAP RATE!
Executive Summary
674 Corinth Avenue is ideally positioned to capitalize on West Los Angeles' continued evolution as Southern California's premier creative office and innovation corridor. Situated in the heart of Sawtelle—known as "Little Osaka"—the property sits at the intersection of three of the Westside's defining demand drivers: the tech and entertainment employment base radiating from Silicon Beach, the institutional anchor of UCLA, and the dense, high-income residential pockets of Brentwood, Santa Monica, and Westwood. Direct access to both the 405 and 10 freeways further reinforces the location's connectivity to Greater Los Angeles.
Sawtelle's transformation over the past decade has been remarkable. Once a quiet enclave, the area has emerged as one of West LA's most sought-after submarkets, with tech startups, design firms, and creative agencies establishing a presence alongside the neighborhood's renowned culinary and retail scene.
A distinguishing feature of this offering is the seller's willingness to execute a sale-leaseback at market rental rates, providing immediate, in-place cash flow from day one. For investors, this structure delivers stabilized income with zero lease-up risk; for owner-users, it preserves optionality to either retain the existing tenancy or take occupancy upon natural lease expiration. Coupled with the property's pricing dislocation relative to comparable sales and the continued strength of the Sawtelle creative office market, 1674 Corinth Avenue is well-positioned to deliver both immediate income certainty and long-term appreciation.
Sawtelle's transformation over the past decade has been remarkable. Once a quiet enclave, the area has emerged as one of West LA's most sought-after submarkets, with tech startups, design firms, and creative agencies establishing a presence alongside the neighborhood's renowned culinary and retail scene.
A distinguishing feature of this offering is the seller's willingness to execute a sale-leaseback at market rental rates, providing immediate, in-place cash flow from day one. For investors, this structure delivers stabilized income with zero lease-up risk; for owner-users, it preserves optionality to either retain the existing tenancy or take occupancy upon natural lease expiration. Coupled with the property's pricing dislocation relative to comparable sales and the continued strength of the Sawtelle creative office market, 1674 Corinth Avenue is well-positioned to deliver both immediate income certainty and long-term appreciation.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
2,376 SF
Building Class
B
Year Built/Renovated
1960/2021
Price
$1,750,000
Price Per SF
$736.53
Cap Rate
6.52%
NOI
$114,048
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,188 SF
Building FAR
1.82
Lot Size
0.03 AC
Zoning
LAC2
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Westside Bonds
- Finance and Insurance
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Westside Bonds | Finance and Insurance | - | - | - |
1 1
Very walkable
80/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 4261-009-028 | Improvements Assessment | $236,756 |
| Land Assessment | $887,845 | Total Assessment | $1,124,601 |
Property Taxes
Parcel Number
4261-009-028
Land Assessment
$887,845
Improvements Assessment
$236,756
Total Assessment
$1,124,601
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1674 Corinth Ave
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