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2320 Cotner Ave 5,350 SF 21% Leased Office Building Los Angeles, CA 90064 $2,795,000 ($522.43/SF) 1.85% Cap Rate



Investment Highlights
- Currently 2 suites | Potential 3 suites
- Owner-User Opportunity – 1st Floor Delivered Vacant at Closing
- Excellent West LA Location, Immediate Access to the 405 & 10 Freeways
- Freestanding 4,974 SF Office/Flex Building with Rooftop Patio & Warehouse
- 1,234 SF Warehouse Component with Separate Leasing Potential
- 9 Parking Spaces (tandem)
Executive Summary
Exceptional owner-user opportunity in the heart of West Los Angeles. This freestanding two-story office/flex building
consists of approximately 4,974 square feet situated on a 6,538 square foot M2-zoned lot and offers a highly functional
layout for a wide variety of professional, creative, studio, technology, design, and flex users. The property features a
combination of private offices, open work areas, conference space, and approximately 1,375 square feet of
warehouse/storage space, providing flexibility without sacrificing a professional office environment.
The ground floor includes a mix of office and warehouse/storage space, while the second floor offers additional office area
and a private roof deck. The building is ideal for businesses seeking a headquarters location with the added benefit of
storage, fulfillment, production, or light assembly capabilities.
Located just moments from the 405 and 10 Freeways, the property provides outstanding access throughout Los Angeles
and the Westside. The Sawtelle dining and retail corridor, Expo Line, and numerous amenities are all within close proximity.
The property also includes parking for approximately 10 vehicles in tandem spaces, a rare amenity for owner-user buildings
in this highly sought-after market.
consists of approximately 4,974 square feet situated on a 6,538 square foot M2-zoned lot and offers a highly functional
layout for a wide variety of professional, creative, studio, technology, design, and flex users. The property features a
combination of private offices, open work areas, conference space, and approximately 1,375 square feet of
warehouse/storage space, providing flexibility without sacrificing a professional office environment.
The ground floor includes a mix of office and warehouse/storage space, while the second floor offers additional office area
and a private roof deck. The building is ideal for businesses seeking a headquarters location with the added benefit of
storage, fulfillment, production, or light assembly capabilities.
Located just moments from the 405 and 10 Freeways, the property provides outstanding access throughout Los Angeles
and the Westside. The Sawtelle dining and retail corridor, Expo Line, and numerous amenities are all within close proximity.
The property also includes parking for approximately 10 vehicles in tandem spaces, a rare amenity for owner-user buildings
in this highly sought-after market.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
5,350 SF
Building Class
C
Year Built
1972
Price
$2,795,000
Price Per SF
$522.43
Cap Rate
1.85%
NOI
$51,840
Percent Leased
21%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,675 SF
Slab To Slab
10’
Building FAR
0.82
Lot Size
0.15 AC
Zoning
M2 - LA-M2
Parking
12 Spaces (2.24 Spaces per 1,000 SF Leased)
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Very walkable
80/100
Exceptionally drivable
100/100
Strong public transit
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 4322-023-013 | Improvements Assessment | $816,430 |
| Land Assessment | $1,507,262 | Total Assessment | $2,323,692 |
Property Taxes
Parcel Number
4322-023-013
Land Assessment
$1,507,262
Improvements Assessment
$816,430
Total Assessment
$2,323,692
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Contact the Sale Advisor
2320 Cotner Ave
