Office Building with Glass
For Sale
$825,000
10519 S Western Avenue, Los Angeles, CA 90047
Two-story commercial office property with private rooms, collaborative areas, and gated rear parking.
Property Size3,116 SF
Lot Size0.13 Acres
Price / SF$264.76
Days on Market74
Property Features for 10519 S Western Avenue
General Information
Standard status
Active
Size
3,116 SF
Lot size
0.13 Acres
Property subtype
COMMERCIAL
Zoning
LAC2
Additional Details
Highway Access
Yes
Building Details
Building Size
3,116 SF
Buildings
1
Stories
2
Listing Agency:
Jacob, Christopher & Lee Rlty
Listed By:
Ricardo Curtis · License #01464851
(310) 674-3863
Source:
Archetyperealty
Added: Aug 1
Changed: Oct 8
Last Checked: Oct 13 at 3:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jacob, Christopher & Lee Rlty
Investment Insights
Based on property information with market context.
Located at 10519 S Western Avenue in Los Angeles, this freestanding office property occupies a 5,776-square-foot LAC2-zoned lot and contains approximately 3,116 square feet of building area. The two-story glass exterior brings natural light into a professional interior arranged with a reception area, private offices, conference and meeting rooms, open work areas, a kitchenette, multiple restrooms, and a central staircase.
A gated parking area behind the building provides on-site parking along with room for deliveries, equipment, or fleet vehicles. The layout can serve one occupant or be adapted for multiple users. The property is positioned along a major South Los Angeles commercial corridor with freeway access and proximity to Downtown Los Angeles, Inglewood, SoFi Stadium, LAX, and surrounding business districts.
A gated parking area behind the building provides on-site parking along with room for deliveries, equipment, or fleet vehicles. The layout can serve one occupant or be adapted for multiple users. The property is positioned along a major South Los Angeles commercial corridor with freeway access and proximity to Downtown Los Angeles, Inglewood, SoFi Stadium, LAX, and surrounding business districts.
Key Highlights
- Approximately 3,116 square feet in a freestanding office building
- 5,776‑square‑foot lot with LAC2 zoning
- Two‑story glass facade with abundant natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,962
Cap Rate
8.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,479,240
$1.5M
Cap Rate 7%
$1,056,600
$1.1M
Cap Rate 9%
$821,800
$821.8K
Market Conditions
NOI Build-Up for 3,116 SF
Gross rent
$121.2K $38.88/SF
− Vacancy
−$22.5K −$7.23/SF
EGI
$98.6K $31.65/SF
− OpEx
−$24.7K −$7.91/SF
NOI
$74.0K $23.74/SF
Area
Los Angeles, CA
Vacancy
18.60%
Lease Rate
$38.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,479,240
Cap Rate 7%
$1,056,600
Cap Rate 9%
$821,800
Alternative Uses
Best Use
Office B
$1.06M
$924.5K – $1.23M
NOI $73,962 @ 7.0% cap · market cap 8.97%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$63.13M
$55.24M – $73.65M
NOI $4,418,980 @ 7.0% cap · market cap 535.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
573
Businesses Nearby
Explore this area
Business Placement
Demographics for 90047, CA
50,154
Population
18,042
Households
2.8
Avg Household Size
39
Median Age
21%
College-Educated
81%
High-School Grad
4.7 sq mi
ZIP Area
10,671
Density / Sq Mi
$70,187
Median Household Income
$39,898
Median Earnings
$1,492
Median Rent
$648,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - Two-story commercial office property with private rooms, collaborative areas, and gated rear parking.
Where is this office building located?
The property is located at 10519 S Western Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Approximately 3,116 square feet in a freestanding office building; 5,776‑square‑foot lot with LAC2 zoning; Two‑story glass facade with abundant natural light
