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3635-3637 Cahuenga Blvd W 10,950 SF Retail Building Los Angeles, CA 90068 $5,200,000 ($474.89/SF) 7.02% Cap Rate
INVESTMENT HIGHLIGHTS
- Freestanding, Single Tenant Triple Net Investment
EXECUTIVE SUMMARY
**PLEASE DO NOT DISTURB TENANT**
High-Quality, Veterinary Clinic:
A single-tenant, net-leased investment opportunity. California Animal Rescue Emergency Services is the tenant.
Superb Access:
Located in Studio City. The property has a central location, adjacent to the 101 Freeway. On-site and secured parking lot.
Lease with Increases for Renewal Term:
Five years remaining on a ten-year lease term. The Lease expires in June 2030. The building is 100% leased with one (1) additional 5-year extension option, with a 3% rent increase.
Newly Refurbished :
The property underwent a renovation in 2020 for the specific build-out of the veterinary hospital.
**PLEASE DO NOT DISTURB TENANT**
High-Quality, Veterinary Clinic:
A single-tenant, net-leased investment opportunity. California Animal Rescue Emergency Services is the tenant.
Superb Access:
Located in Studio City. The property has a central location, adjacent to the 101 Freeway. On-site and secured parking lot.
Lease with Increases for Renewal Term:
Five years remaining on a ten-year lease term. The Lease expires in June 2030. The building is 100% leased with one (1) additional 5-year extension option, with a 3% rent increase.
Newly Refurbished :
The property underwent a renovation in 2020 for the specific build-out of the veterinary hospital.
**PLEASE DO NOT DISTURB TENANT**
FINANCIAL SUMMARY (ACTUAL - 2024) 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 - 2024) 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
Retail
Property Subtype
Veterinarian/Kennel
Building Size
10,950 SF
Building Class
C
Year Built
1955
Price
$5,200,000
Price Per SF
$474.89
Cap Rate
7.02%
NOI
$364,863
Tenancy
Single
Building Height
1 Story
Building FAR
0.57
Lot Size
0.44 AC
Zoning
C2-IVL - General Commercial
Parking
16 Spaces (1.46 Spaces per 1,000 SF Leased)
AMENITIES
- Fenced Lot
- Signage
- Tenant Controlled HVAC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $432,655 (2025) | |
| Land Assessment | $2,523,876 (2025) | Total Assessment | $2,956,531 (2025) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,523,876 (2025)
Improvements Assessment
$432,655 (2025)
Total Assessment
$2,956,531 (2025)
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Presented by
RealHealth Advisors
3635-3637 Cahuenga Blvd W
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