Marina Del Rey Office
For Sale
$2,100,000
13476 Beach Ave, Marina del Rey, CA 90292
Two office buildings in Marina Del Rey for sale.
Property Size3,295 SF
Price / SF$637.33
Days on Market269
Property Features for 13476 Beach Ave
General Information
Standard status
Active
Size
3,295 SF
Class
C
Property subtype
Office
Building Details
Building Size
3,295 SF
Year Built
1954
Listing Agency:
Lee & Associates - West L.A.
(310) 899-2745
Listed By:
Doug Marshall, SIOR
Source:
Lee-associates
Added: Nov 26, 2025
Changed: Aug 21
Last Checked: Aug 22 at 4:15AM
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 property features two buildings, one approximately 1,700 square feet and the other approximately 1,500 square feet, totaling 3,295 square feet. The buildings benefit from ample natural light. The location offers close proximity to various shops and restaurants. This property presents a small owner user opportunity. Live/work arrangements may be possible, subject to verification.
Key Highlights
- Two buildings: ± 1,700 SF and ± 1,500 SF
- Live/work possible (please verify)
- Small owner user opportunity
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$72,026
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,440,520
$1.4M
Cap Rate 7%
$1,028,943
$1.0M
Cap Rate 9%
$800,289
$800.3K
Market Conditions
NOI Build-Up for 3,295 SF
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.
Gross rent
$126.5K $38.40/SF
− Vacancy
−$30.5K −$9.25/SF
EGI
$96.0K $29.15/SF
− OpEx
−$24.0K −$7.29/SF
NOI
$72.0K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,440,520
Cap Rate 7%
$1,028,943
Cap Rate 9%
$800,289
Alternative Uses
Best Use
Office B
$1.03M
$900.3K – $1.20M
NOI $72,026 @ 7.0% cap · market cap 3.43%
Second Best
Mixed Use
$953.2K
$834.1K – $1.11M
NOI $66,724 @ 7.0% cap · market cap 3.18%
Theoretical Best
Office A
$1.76M
$1.54M – $2.06M
NOI $123,489 @ 7.0% cap · market cap 5.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,389
Businesses Nearby
Explore this area
Business Placement
Demographics for 90292, CA
27,681
Population
16,878
Households
1.6
Avg Household Size
40
Median Age
73%
College-Educated
97%
High-School Grad
2.1 sq mi
ZIP Area
13,181
Density / Sq Mi
$136,964
Median Household Income
$95,175
Median Earnings
$3,501
Median Rent
$1,233,700
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Two office buildings in Marina Del Rey for sale.
Where is this office building located?
The property is located at 13476 Beach Ave Marina del Rey, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Two buildings: **± 1,700 SF and ± 1,500 SF**; Live/work possible (please verify); Small owner user opportunity
