13257-13259 Moorpark St Los Angeles, CA 91423
Mixed-use building in Sherman Oaks with residential and commercial spaces.
Property Features for 13257-13259 Moorpark St
General Information
- Standard status
- Active
- Size
- 10,700 SF
- Property subtype
- Office
Building Details
- Year Built
- 1946
Listing office illi Commercial Real Estate
Listing date Sep 19, 2024
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime location in the highly desirable Sherman Oaks neighborhood.
- Versatile mixed‑use building with residential apartments and commercial office spaces.
- Diverse rental income potential from both residential and commercial tenants.
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 | $416.0k | $38.88 |
| − Vacancy | −$77.4k | −$7.23 |
| EGI | $338.6k | $31.65 |
| − OpEx | −$84.7k | −$7.91 |
| NOI | $254.0k | $23.74 |