Three-Building Creative Office
11333 Iowa Ave 1666 & 1674 Corinth Ave, Los Angeles, CA 90025
For Sale
New
$7,100,000
A ready-to-occupy workspace with gated parking sits within walking distance of Sawtelle.
Property Size10,501 SF
Price / SF$676.13
Days on Market2
Property Features for 11333 Iowa Ave 1666 & 1674 Corinth Ave
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Condition
Property Use
Building Details
Building Size
Buildings
Listing Agency:
Lee & Associates Los Angeles West Inc.
Listed By:
Brad McCoy · License CA #01938098
(310) 899-2730
Source:
Lee-associates
Added: Nov 14
Last Checked: Nov 14 at 2:25PM
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 Lee & Associates Los Angeles West Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This creative office property comprises 10,501 square feet across three buildings on three parcels. The interiors are built out and ready for occupancy, and the site includes private gated parking.
The property spans 11333 Iowa Avenue and 1666–1674 Corinth Avenue in West Los Angeles, with Sawtelle within walking distance.
The property spans 11333 Iowa Avenue and 1666–1674 Corinth Avenue in West Los Angeles, with Sawtelle within walking distance.
Key Highlights
- 10,501 SF across three buildings and three parcels
- Built‑out interiors ready for occupancy
- Private gated parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$249,254
Cap Rate
3.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,985,080
$5.0M
Cap Rate 7%
$3,560,771
$3.6M
Cap Rate 9%
$2,769,489
$2.8M
Market Conditions
NOI Build-Up for 10,501 SF
Gross rent
$408.3K $38.88/SF
− Vacancy
−$75.9K −$7.23/SF
EGI
$332.3K $31.65/SF
− OpEx
−$83.1K −$7.91/SF
NOI
$249.3K $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%
$4,985,080
Cap Rate 7%
$3,560,771
Cap Rate 9%
$2,769,489
Alternative Uses
Best Use
Office B
$3.56M
$3.12M – $4.15M
NOI $249,254 @ 7.0% cap · market cap 3.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.38M
$3.84M – $5.12M
NOI $306,901 @ 7.0% cap · market cap 4.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,526
Businesses Nearby
Explore this area
Business Placement
Demographics for 90025, CA
45,466
Population
24,965
Households
1.8
Avg Household Size
36
Median Age
70%
College-Educated
95%
High-School Grad
2.6 sq mi
ZIP Area
17,487
Density / Sq Mi
$104,627
Median Household Income
$70,713
Median Earnings
$2,465
Median Rent
$1,081,400
Median Home Value
Market
Average Price Trend$/SF for Creative space in Los Angeles, CA
Properties on Market for Creative space in Los Angeles
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Creative space - A ready-to-occupy workspace with gated parking sits within walking distance of Sawtelle.
Where is this creative space located?
The property is located at 11333 Iowa Ave 1666 & 1674 Corinth Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $7,100,000.
What are key features of this property?
This property features: 10,501 SF across three buildings and three parcels; Built‑out interiors ready for occupancy; Private gated parking
