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INVESTMENT HIGHLIGHTS
- Excellent Owner User Opportunity - Medical, Office, Warehouse, Furniture and many more!
- 1,000 AMPS | 120/208 Volts | 3 Phase | 4 Wire
- One (1) Ground Level Loading Door
- 164 Surface Parking Spaces in Common
EXECUTIVE SUMMARY
OWNER USER OFFICE, RETAIL, OR MEDICAL BUILDING FOR SALE!
CBRE, Inc., as exclusive advisor, is pleased to present a rare opportunity to acquire 21725 Erwin Street, a free-standing single-story retail, office, or medical building strategically located in the heart of Warner Center. This ±20,600 square foot property, constructed in 1978 and renovated in 2023, is situated on ±39,574 square feet (0.91 acres) of land directly across from the new 52-acre RAMS Village mixed-use development. The Property’s prime location within the Warner Center 2035 Plan, favorable LAWC zoning, and proximity to major amenities and transportation, make it an ideal investment for owner-users and developers alike.
CBRE, Inc., as exclusive advisor, is pleased to present a rare opportunity to acquire 21725 Erwin Street, a free-standing single-story retail, office, or medical building strategically located in the heart of Warner Center. This ±20,600 square foot property, constructed in 1978 and renovated in 2023, is situated on ±39,574 square feet (0.91 acres) of land directly across from the new 52-acre RAMS Village mixed-use development. The Property’s prime location within the Warner Center 2035 Plan, favorable LAWC zoning, and proximity to major amenities and transportation, make it an ideal investment for owner-users and developers alike.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
20,600 SF
Building Class
B
Year Built/Renovated
1978/2023
Price
$7,500,000
Price Per SF
$364.08
Tenancy
Single
Building Height
1 Story
Building FAR
0.52
Lot Size
0.91 AC
Opportunity Zone
Yes
Zoning
LAWC - Favorable LAWC zoning regulations in the Downtown District allow for a wide range of commercial office, medical, retail, and residential uses.
Parking
26 Spaces (1.26 Spaces per 1,000 SF Leased)
Frontage
181’ on Erwin St
AMENITIES
- Signage
Walk Score®
Very Walkable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2146-029-007 | Improvements Assessment | $1,900,517 |
| Land Assessment | $1,364,851 | Total Assessment | $3,265,368 |
PROPERTY TAXES
Parcel Number
2146-029-007
Land Assessment
$1,364,851
Improvements Assessment
$1,900,517
Total Assessment
$3,265,368
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21725 Erwin St
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