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3910-3920 Oakwood Ave
Los Angeles, CA 90004
Office Property For Sale
Investment Highlights
- Free-standing two-story building located between East Hollywood and Koreatown.
- Located near the Vermont Avenue on-ramp and Beverly/Vermont Metro Station for easy commuter access.
- Ample natural light throughout with views of the Hollywood Hills.
- Secure gated property with 12 surface spaces, 8 covered parking spots, and handicap parking.
- Offers more than 20 enclosed rooms, two kitchens, multiple restrooms, and reception areas.
- Opportunity Zone designation provides potential tax benefits for qualifying investors.
Executive Summary
This two-story office building at 3910-3920 Oakwood Avenue presents an attractive investment or owner-user opportunity in the vibrant East Hollywood neighborhood of Los Angeles. Positioned between East Hollywood and Koreatown, the property offers excellent connectivity, located next to the Vermont Avenue on-ramp and just minutes from the Beverly/Vermont Metro Station.
The building features a gated, secure design complemented by 12 surface parking spaces, eight covered spaces, and one dedicated handicap space. Zoned as an Opportunity Zone site, buyers can explore significant tax advantages for long-term investment. The layout includes over 20 enclosed rooms with flexibility for offices, classrooms, or meeting areas, supported by reception and lobby areas, training rooms, two kitchens, multiple restrooms, and abundant natural light along expansive window lines with hilltop views.
Additionally, there is an outdoor area currently utilized as a playground and a basement space for storage. With immediate availability and a listed sale price of $3.65 million, this asset is ideal for businesses seeking a secure building with accessible transit and freeway connectivity combined with future value potential.
The building features a gated, secure design complemented by 12 surface parking spaces, eight covered spaces, and one dedicated handicap space. Zoned as an Opportunity Zone site, buyers can explore significant tax advantages for long-term investment. The layout includes over 20 enclosed rooms with flexibility for offices, classrooms, or meeting areas, supported by reception and lobby areas, training rooms, two kitchens, multiple restrooms, and abundant natural light along expansive window lines with hilltop views.
Additionally, there is an outdoor area currently utilized as a playground and a basement space for storage. With immediate availability and a listed sale price of $3.65 million, this asset is ideal for businesses seeking a secure building with accessible transit and freeway connectivity combined with future value potential.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
11,322 SF
Building Class
C
Year Built
1970
Price
$3,650,000
Price Per SF
$322.38
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
5,661 SF
Building FAR
0.90
Lot Size
0.29 AC
Opportunity Zone
Yes
Zoning
LAC2
Parking
20 Spaces (1.77 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Numbers | Improvements Assessment | $584,567 | |
| Land Assessment | $1,779,000 | Total Assessment | $2,363,567 |
Property Taxes
Parcel Numbers
Land Assessment
$1,779,000
Improvements Assessment
$584,567
Total Assessment
$2,363,567
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