Creative Compound For
2256 Barry Avenue Los Angeles, CA 90064
2256 Barry Avenue, Los Angeles, CA, 90064
$10,500,000
For Sale
$10,500,000
Creative compound with approximately 20,782 square feet available for sale.
Property Size20,782 SF
Price / SF$505.24
Days on Market137
Property Features for 2256 Barry Avenue
General Information
- Standard status
- Active
- Size
- 20,782 SF
- Property subtype
- Office
Building Details
- Year Built
- 2005
Listing agency
(310) 899-2730
Listed by
Brad McCoy
Source
Lee-associates
Added: Mar 6 Updated: Jul 10 at 1:00PM Checked: Jul 21 at 4:49AM
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 Brad McCoy
Investment Insights
Based on property information with market context.
A creative compound offering approximately 20,782 rentable square feet is available for sale.
Key Highlights
- 20,782 RSF Creative Compound
- Built in 2005
- For Sale
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $808.0k | $38.88 |
| − Vacancy | −$150.3k | −$7.23 |
| EGI | $657.7k | $31.65 |
| − OpEx | −$164.4k | −$7.91 |
| NOI | $493.3k | $23.74 |
20,782 SF · lease $38.88/SF/yr · vacancy 18.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$7.05M
$6.17M – $8.22M
NOI $493,287 @ 7.0% cap · market cap 4.70%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$421.03M
$368.40M – $491.20M
NOI $29,472,159 @ 7.0% cap · market cap 280.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Hamagami/Carroll, Inc.
Marketing & Advertising
OmniPlatform Corporation
(Bike/Boat/Book/etc) Store
Clear Cut Agency
Employment Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Creative space - Creative compound with approximately 20,782 square feet available for sale.
Where is this creative space located?
The property is located at 2256 Barry Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $10,500,000.
What are key features of this property?
This property features: 20,782 RSF Creative Compound; Built in 2005; For Sale
