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3912-3916 W Sunset Blvd 3,512 SF 100% Leased Retail Building Los Angeles, CA 90029 $4,268,000 ($1,215.26/SF) 5.70% Cap Rate



Investment Highlights
- Prime main and main Sunset Junction location.
- High foot traffic
- NNN lease w/ built-in annual increases
Executive Summary
Coda Brokerage proudly presents 3912–3916 Sunset Boulevard, a premier mixed-use asset in the heart of Silver Lake’s iconic Sunset Junction. The property features a fully leased retail storefront occupied by national credit tenant Warby Parker on an absolute NNN lease with over four years remaining and 3% annual rent increases, delivering stable, growing income with zero landlord obligations.
The rear of the property includes two freestanding rent-stabilized cottage-style apartments (one 2-bedroom and one 1-bedroom), offering additional income and long-term upside.
Situated among Sunset Junction’s top-tier retailers and dining destinations, this is a rare opportunity to acquire a high-credit, low-management investment in one of Los Angeles’ most sought-after retail corridors.
The rear of the property includes two freestanding rent-stabilized cottage-style apartments (one 2-bedroom and one 1-bedroom), offering additional income and long-term upside.
Situated among Sunset Junction’s top-tier retailers and dining destinations, this is a rare opportunity to acquire a high-credit, low-management investment in one of Los Angeles’ most sought-after retail corridors.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,512 SF
Building Class
C
Year Built
1922
Price
$4,268,000
Price Per SF
$1,215.26
Cap Rate
5.70%
NOI
$243,276
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.61
Lot Size
0.13 AC
Zoning
LAC2 - Commercial, Los Angeles
Amenities
- Air Conditioning
Very walkable
80/100
Moderately drivable
70/100
Strong public transit
80/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5427-007-003 | Improvements Assessment | $728,209 |
| Land Assessment | $2,389,439 | Total Assessment | $3,117,648 |
Property Taxes
Parcel Number
5427-007-003
Land Assessment
$2,389,439
Improvements Assessment
$728,209
Total Assessment
$3,117,648
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3912-3916 W Sunset Blvd
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