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Vacant Office Building
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5830 Obama Blvd, Los Angeles, CA 90016

Office building delivered vacant upon close of escrow sale, totaling 40,000 SF on Obama Blvd in Los Angeles.

Property Size40,000 SF
Days on Market632

Property Features for 5830 Obama Blvd

General Information

Standard status Active
Size 40,000 SF
Property subtype OFFICE
Listing Agency: Lee & Associates - West L.A.
Listed By: Aleks Trifunovic, SIOR
Source: Moodyscre
Added: Nov 6, 2024 Changed: Jul 30 Last Checked: Jul 30 at 12:50PM

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 - West L.A.

Investment Insights

Based on property information with market context.

This office building is being offered for sale and will be delivered vacant upon close of escrow. The property totals 40,000 SF, providing an open slate for an owner-user or a future tenant buildout.

The building is located at 5830 Obama Blvd in Los Angeles, CA 90016. The current offering is structured to allow uninterrupted transition for the next occupant following closing.

The space is presented as move-in ready from a leasing standpoint, since it is delivered without an existing tenant in place at the time of close.

Key Highlights

  • Delivered vacant upon close of escrow sale
  • 40,000 SF office building
  • Address: 5830 Obama Blvd, Los Angeles, CA 90016

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Dental Office Skin Care Clinic Travel Agency Accounting Firm Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

797
Businesses Nearby

Demographics for 90016, CA

46,512
Population
19,529
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
12,920
Density / Sq Mi
$71,067
Median Household Income
$42,292
Median Earnings
$1,729
Median Rent
$919,800
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Office building delivered vacant upon close of escrow sale, totaling 40,000 SF on Obama Blvd in Los Angeles.
Where is this office building located?
The property is located at 5830 Obama Blvd Los Angeles, CA.
What are key features of this property?
This property features: Delivered vacant upon close of escrow sale; 40,000 SF office building; Address: 5830 Obama Blvd, Los Angeles, CA 90016
(310) 753-0653 Call to check price and availability
More about this property
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