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11685-11695 National Boulevard 11685-11695 National Blvd 8,500 sq ft 100% Let Office Property Los Angeles, CA 90064 £5,428,212 (£638.61/sq ft) 5% Net Initial Yield



Executive Summary
GLA: Approximately 9,575 square feet - Lot size: Approximately 11,836 square feet | Zoning: C2-1VL | Located in Mar Vista where residential charm meets urban energy | 12 parking spaces | 43.92% leased | Ideal acquisition for experienced operators looking to unlock value through active asset management in one of Los Angeles' most sought after retail markets
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Property Size
8,500 sq ft
Costar Property Class
C
Year Built
1961
Price
£5,428,212
Price per sq ft
£638.61
Yield
5%
NOI
£271,433
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
4,250 sq ft
Plot ratio
0.72
Total Plot Size
0.27 ac
Use Class
C2
Parking
12 Spaces (1.41 Spaces per 1,000 sq ft Leased)
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Moderately walkable
70/100
Exceptionally drivable
100/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 4258-009-010 | Improvements Assessment | £686,943 |
| Land Assessment | £655,717 | Total Assessment | £1,342,660 |
Property Taxes
Parcel Number
4258-009-010
Land Assessment
£655,717
Improvements Assessment
£686,943
Total Assessment
£1,342,660
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11685-11695 National Boulevard | 11685-11695 National Blvd
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