Los Feliz Garden Offices 3171 Los Feliz 25,980 SF 90% Leased Office Building Los Angeles, CA 90039 $7,500,000 ($288.68/SF) 2.21% Cap Rate

Prime Los Feliz Office Asset | Covered Parking | Exceptional Upside

Offered at $7,500,000, this rare office building sits in the heart of Los Feliz, one of Los Angeles’ most desirable, supply-constrained submarkets—where creative energy, affluent demographics, and long-term demand converge.

The property offers significant upside potential through lease-up, repositioning, or creative modernization, making it ideal for an owner-user, value-add investor, or boutique fund seeking strong future appreciation. With covered on-site parking—a true premium in Los Feliz—the building delivers both convenience and competitive advantage for tenants and ownership alike. Also the property is currently only 60% occupied and has a lot of room to increase NOI.

Surrounded by high-end retail, restaurants, and dense residential neighborhoods, the location attracts professional services, creative firms, medical users, and lifestyle-driven businesses looking to establish a presence in one of LA’s most walkable and culturally rich corridors.

Whether stabilized for long-term hold or repositioned to unlock higher rents, this asset represents a rare opportunity to acquire a core Los Feliz office building with real upside in a market where assets trade tightly and opportunities are scarce.

Highlights:

Irreplaceable Los Feliz location
Covered parking (rare for the submarket)
Strong value-add and repositioning potential
Ideal for owner-user or investor
Long-term appreciation in a premier LA neighborhood
Contact the Listing Agent today at 323 378 9259 or by email at jason@plgestatesinc.com for more information.