Mid-Century Office Building in Eagle
7330 N Figueroa Los Angeles, CA 90041
For Sale
$3,750,000
Sleek office building with flexible layout and convenient location.
Property Size6,900 SF
Lot Size0.38 Acres
Price / SF$543.48
Days on Market97
Property Features for 7330 N Figueroa
General Information
Standard status
Active
Size
6,900 SF
Lot size
0.38 Acres
Property subtype
Commercial
Building Details
Year Built
1954
Listing Agency:
Growth Investment Group
(310) 606-0192
Listed By:
Justin McCardle · License #01895720
(310) 606-0192
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 28 at 7:45AM
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 Growth Investment Group
Investment Insights
Based on property information with market context.
This Mid-Century office building in Eagle Rock encompasses almost 6,900 square feet on a corner lot of over 16,500 square feet. The property features a layout suitable for single or multiple tenants, with common areas and a design that incorporates natural light. The building has a secured entrance and a gated parking lot. Capital improvements include updated electrical systems and a new roof. The current layout includes 7 offices, cubicle areas, 4 additional large rooms, a conference room, multiple storage areas, and 4 restrooms. Currently occupied by a charter school, the layout is designed for their use. The property can accommodate various types of businesses and offers the advantage of short-term leasing, allowing the next owner to collect rental income while preparing for relocation. The building is suitable for firms seeking a prestigious identity, such as creative agencies, law firms, or tech startups. The property is centrally located in Eagle Rock, between Glendale to the west and Pasadena to the east, with connectivity to Figueroa Street, Colorado Boulevard, and Highland Park. Freeway access is convenient, with proximity to the 134, 210, and 110 Freeways, providing access to downtown Los Angeles and surrounding areas.
Key Highlights
- Prime Eagle Rock location with excellent access to major thoroughfares and freeways (134, 210, 110) providing convenient access to Downtown Los Angeles, Glendale, and Pasadena.
- Spacious Mid‑Century office building with approximately 6,900 SF on a 16,500+ SF corner lot, suitable for single or multiple tenants.
- Significant capital improvements, including updated electrical and a new roof.
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 | $268.3k | $38.88 |
| − Vacancy | −$49.9k | −$7.23 |
| EGI | $218.4k | $31.65 |
| − OpEx | −$54.6k | −$7.91 |
| NOI | $163.8k | $23.74 |
6,900 SF · lease $38.88/SF/yr · vacancy 18.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.34M
$2.05M – $2.73M
NOI $163,780 @ 7.0% cap · market cap 4.37%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$139.79M
$122.32M – $163.09M
NOI $9,785,290 @ 7.0% cap · market cap 260.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Sleek office building with flexible layout and convenient location.
Where is this office building located?
The property is located at 7330 N Figueroa Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Prime Eagle Rock location with excellent access to major thoroughfares and freeways (134, 210, 110) providing convenient access to Downtown Los Angeles, Glendale, and Pasadena.; Spacious Mid‑Century office building with approximately 6,900 SF on a 16,500+ SF corner lot, suitable for single or multiple tenants.; Significant capital improvements, including updated electrical and a new roof.
