Single-Tenant Office
14540 Sylvan St Los Angeles, CA 91411
14540 Sylvan St, Los Angeles, CA, 91411
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For Sale
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One-story office building with reception, offices, kitchen, two restrooms, and rear gate parking for four vehicles.
Property Size1,788 SF
Lot Size0.08 Acres
Price / SF$500.56
Days on Market148
Property Features for 14540 Sylvan St
General Information
- Standard status
- Active
- Size
- 1,788 SF
- Lot size
- 0.08 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1939
Listing agency
Major Properties
(805) 404-5883
Listed by
Cole Gee · License #02009034
Source
Crexi
Added: Feb 25 Updated: Jul 23 at 4:50AM Checked: Jul 23 at 4:50AM
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 Major Properties
Investment Insights
Based on property information with market context.
This one-story, single-tenant office building offers a reception lobby, an open area, private offices, a kitchen, a storage area, and two restrooms. The property includes HVAC throughout and features a rear gate parking lot accessed off the alley for up to four vehicles.
Located one block from the Van Nuys Courthouse, the building is approximately two blocks south of Victory Blvd and just west of Van Nuys Blvd. It sits on a lot measuring approximately 25' by 140'.
The layout is suited to office use, with interior improvements supported by HVAC and on-site parking in a small, controlled lot arrangement at the rear of the building.
Located one block from the Van Nuys Courthouse, the building is approximately two blocks south of Victory Blvd and just west of Van Nuys Blvd. It sits on a lot measuring approximately 25' by 140'.
The layout is suited to office use, with interior improvements supported by HVAC and on-site parking in a small, controlled lot arrangement at the rear of the building.
Key Highlights
- 1939 one‑story, single‑tenant office building
- Includes reception lobby, open area, private offices, kitchen, storage, and 2 restrooms
- Rear gate parking lot off the alley with space for 4 vehicles
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 | $69.5k | $38.88 |
| − Vacancy | −$12.9k | −$7.23 |
| EGI | $56.6k | $31.65 |
| − OpEx | −$14.1k | −$7.91 |
| NOI | $42.4k | $23.74 |
1,788 SF · lease $38.88/SF/yr · vacancy 18.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$606.3K
$530.5K – $707.3K
NOI $42,440 @ 7.0% cap · market cap 4.74%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$36.22M
$31.70M – $42.26M
NOI $2,535,666 @ 7.0% cap · market cap 283.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - One-story office building with reception, offices, kitchen, two restrooms, and rear gate parking for four vehicles.
Where is this office building located?
The property is located at 14540 Sylvan St Los Angeles, CA.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 1939 one‑story, single‑tenant office building; Includes reception lobby, open area, private offices, kitchen, storage, and 2 restrooms; Rear gate parking lot off the alley with space for 4 vehicles