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Los Feliz Garden Offices 3171 Los Feliz 25,980 SF 100% Leased Office Building Los Angeles, CA 90039 $7,000,000 ($269.44/SF) 3.51% Cap Rate
INVESTMENT HIGHLIGHTS
- Immediate Value-Add or Owner-User Opportunity
- Additional Income Stream
- Diverse Demographic
- 62% Occupied
- Prime Atwater Village, CA Location
- Proximate to Major Employers
EXECUTIVE SUMMARY
The Brandon Michaels Group of Marcus & Millichap, as Exclusive Advisor, is pleased to present 3171 Los Feliz Boulevard, a 25,980 square foot three story multitenant office building situated on 0.48 acres of land (21,224 SF) in the affluent and trendy Los Angeles submarket of Atwater Village, CA
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
25,980 SF
Building Class
B
Year Built
1982
Price
$7,000,000
Price Per SF
$269.44
Cap Rate
3.51%
NOI
$245,700
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
8,660 SF
Building FAR
1.22
Lot Size
0.49 AC
Zoning
C4, Los Angeles - QC4-1-1XL-RIO-POD
Parking
60 Spaces (2.31 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Property Manager on Site
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 40 SF | Office | - | Now |
1st Floor
| Size |
| 40 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1 of 14
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 40 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
1 1
Walk Score®
Very Walkable (83)
Bike Score®
Biker's Paradise (92)
PROPERTY TAXES
| Parcel Number | 5594-019-013 | Improvements Assessment | $3,365,178 |
| Land Assessment | $2,523,882 | Total Assessment | $5,889,060 |
PROPERTY TAXES
Parcel Number
5594-019-013
Land Assessment
$2,523,882
Improvements Assessment
$3,365,178
Total Assessment
$5,889,060
1 of 18
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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Los Feliz Garden Offices | 3171 Los Feliz
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