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At present 100% leased but could also be sold to an owner user. Stunning 2010 construction. Three story architectural building with freeway visibility designed by the award winning L&V Architecture, Inc. Seven offices. 11,029 RSF. 9' to 19' high ceilings. Bright & open work spaces with private outdoor deck areas. Kitchenettes in all offices. Operable windows. Elevator. CAT 6 wiring. Central air & heat. 19 on-grade parking spaces. Great Westside location with convenient access to the 405 and 10 Freeways. Please call us for financial info.
3 commercial units
Marcus & Millichap is pleased to present the opportunity to acquire a Class B 7,400 square foot building with office, flex and/or industrial attributes. Built in 1956, the building was extensively renovated in 2006 including a new roof, 25-ton HVAC, 3-Phase electrical, 400 AMPS panel, CAT 5 cabling throughout and updated bathrooms. The property is centrally located within the city of Los Angeles in the immediate heart of the ongoing resurgence and redevelopment of east Hollywood. Public investment of almost $120M for new street benches, landscaping and parking garages coupled with construction of over 1.5 million square feet of offices, retail space and apartments have exterminated the once viewed dirt and filth of Hollywood. Multiple, high-profile residential/retail/office real estate developments are transforming the Western Avenue and Sunset Blvd to Hollywood Blvd corridor and returning the magic and allure to this once prized pocket.
THIS PROPERTY WAS FORMERLY A CITY FIRE STATION IN 1969, THEN THE OFFICES FOR AN INSURANCE COMPANY. ABOUT THREE YEARS AGO THE PROPERTY WAS COMPLETELY RENOVATED, ALL EQUIPMENT SERVICED OR REPLACED, ASBESTOS ABATEMENT COMPLETED, INTERIOR WAS REMODELED AND MADE APPROPRIATE FOR A PUBLIC SCHOOL AND NOW HOUSES VISTA CHARTER MIDDLE SCHOOL. THIS IS A FABULOUS SCHOOL SITE. THERE IS AN EXISTING TENANT WITH 16 MONTHS REMAINING ON AN EXISTING LEASE AND A 5 YEAR OPTION THEREAFTER, WITH THE OPPORTUNITY FOR A NEW LEASE TO BE DEVISED. TO VIEW THE PROPERTY, THE LISTING AGENT MUST BE CONTACTED - THE AGENT IS MICHAEL. THIS PROPERTY IS AN EXCELLENT OPPORTUNITY FOR ANYONE INTERESTED IN PROVIDING AN INCREDIBLE EDUCATIONAL EXPERIENCE TO INNER-CITY CHILDREN WHILE BEING PAID A GREAT RETURN ON THEIR INVESTMENT. TO VIEW THE PROPERTY CALL MICHAEL GREEN AS THE PROPERTY HOUSES CHILDREN IN THE DAY TIME HOURS AND THEY MUST BE PROTECTED, THEREFORE VISITORS MUST BE ESCORTED ONTO THE GROUNDS DURING SCHOOL HOURS. DEPENDING ON THE PRICE OFFERED, THE CAP RATE MAY OBVIOUSLY INCREASE.
The Bel Air Offices offer an excellent owner/user or investment opportunity. The building is currently leased entirely to small month-to-month tenants allowing a Buyer to increase rents and secure all tenants with two to three year leases or an owner-user the ability to occupy 51% of the building and secure 90% financing. An owner-user could purchase this office building with as little as 10% down and start building equity immediately. Moreover, SBA (Small Business Administration) loans' rates are fixed and still very attractive. Lenders continue to be extremely bullish with interest rates, some as low as 2.5% to qualified owner-user Buyers.
72,000 SFPrice Upon Req.
640 South San Vicente Blvd.. Los Angeles, CA 90048 The award-winning, five-story, individually owned 640 South is the Westside's premiere boutique office building offering luxurious and serene office space. Located on San Vicente Blvd.'s dedicated parallel road just north of Wilshire Blvd. and across the street from Beverly Hills, 640 South enjoys easy access to public transportation, municipal services, professional services, Cedars-Sinai, Restaurant Row, the Beverly Center, and wonderful shops and eateries along Third Street and Wilshire Blvd. A two-story atrium makes for a dramatic entry into 640 South. Large offices and landscaped garden balconies with windows that open offer spectacular views of Beverly Hills, the Hollywood Hills, Downtown, and the Hollywood sign. Featuring a sophisticated, newly re-designed interior, recently refurbished bathrooms, and carefully chosen, museum quality art pieces throughout the building, 640 South offers a wide variety of offices for lease. The space ranges from single interior offices to furnished executive- level suites to an entire floor. A fitness center, break rooms, kitchenettes, shower room, mail room, laundry room, manager's office,
THE BEST LOCATION FOR BUSINESS! This is a 2-story retail and office space and has approximately 16,237 sf of structure according to the title company and 13,160 sf of land according to the assesors office. There are vacancies within the office space that need differed maintenance. ** Also, there is a billboard on the property which makes good income per month. The lease contract for the large digital sign can be cancelled if the owner selects to develop the property. ** Because this property is located in 2 cities, this adds an increased advantage and value to the property. For more information about this property, please call me. ** Please note as an added bonus if the buyer purchases this property under copression then the buyer will pay less taxes. For more information, please call me.
This wonderful 819 SF medical office condominium is positioned at the busy signalized corner of Beverly Boulevard and Alvarado Street. It is located just south of the 101 Freeway and is only blocks from Wilshire Boulevard. The unit includes: 2 exam rooms, 1 bathroom, front desk and reception area. This unit is located on the first floor: thus making it easily accessible to clients and providing added exposure to the business in the office. Currently the subject unit is occupied by a well established optometrist who has a few locations in Los Angeles, and is owner occupied. The owner will vacate at the close of escrow and or is willing to lease back from new owner at the close of escrow. (Detailed terms of the proposed lease to be negotiated)The medical building consists of primarily medical offices, with tenants including: a pharmacy, dentist, radiologist, optometrist, family practice, and many other medical related professions. The building also allows non-medical use business to operate.
This wonderful 584 SF office condominium is positioned at the busy signalized corner of Beverly Boulevard and Alvarado Street. It is located just south of the 101 Freeway and is only blocks from Wilshire Boulevard. The unit includes: 2 exam rooms, 2 bathrooms, and a reception area. The medical building consists of primarily medical offices, with tenants including: a pharmacy, dentist, radiologist, optometrist, family practice, lab, and many other medical related professions. The building also allows non-medical use businesses to operate. This location allows for any office or medical practice because of its close proximity to Saint Vincent' s Medical Center, Shriners Hospital for Children, Silver Lake Medical Center, and Good Samaritan Hospital. In addition, the building is located in an area with excellent demographics; over 100,000 people residing within a 1 mile radius!
NGKF Superior Culver City Starbucks and Arby's Anchored Retail/Office Center Available for New Office Based Owner User. Subject site is a 13,545 SF Building with a 57% Office and 43% Retail Component , Creating and Ideal Opportunity for a new SBA Based 51% Owner User Purchase at 90% Leverage. As current office tenant is now moving, and a new office space lease campaign is commencing, for a limited window NGKF is pleased to present this prime opportunity for a 7115-9400 SF Culver City Office Owner User to purchase the site with prime 10% Down Owner User SBA loan at just 4.35% to 4.5%! Site has excellent in place retail rent that shall immediately cover all or most of a new office owner/user's rents creating a very low effective rent for new office owner user. New SBA with 10%-30% creating new effective rents of Zero to around $1.00 + PSF NNN. If office site is leased before purchased by office or retail based owner/user, complex shall be immediately marketed by NGKF at a 6 cap value at $7,000,000+. Buy, move in, get rid of paying rents and profit! Excellent Opportunity to use SBA Maximum Leverage To Create Immediate Upside and Pay Little or No Rent!!