For Sale
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18417 Bryant Street, Northridge, CA 91325
Medical Office Space
Property Size3,770 SF
Lot Size0.15 Acres
Price / SF$450.93
Days on Market268
Property Features for 18417 Bryant Street
General Information
Standard status
Active
Size
3,770 SF
Lot size
0.15 Acres
Property subtype
Office
Building Details
Year Built
1975
Listing Agency:
Coldwell Banker Hallmark Realty
(818) 757-4567
Listed By:
Nadia Melkonian · License #CA 01429245
Source:
Crexi
Added: Nov 22, 2025
Changed: Aug 12
Last Checked: Aug 17 at 5:19AM
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 Coldwell Banker Hallmark Realty
Investment Insights
Based on property information with market context.
Key Highlights
- Zoned LA‑CM (Commercial/Medical) offering flexibility.
- Gated commercial/medical office building providing added security.
- Approximately 3,770 sq. ft. of interior space with a functional layout.
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
$89,486
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
5.26%
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%
$1,789,720
$1.8M
Cap Rate 7%
$1,278,371
$1.3M
Cap Rate 9%
$994,289
$994.3K
Market Conditions
NOI Build-Up for 3,770 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
$146.6K $38.88/SF
− Vacancy
−$27.3K −$7.23/SF
EGI
$119.3K $31.65/SF
− OpEx
−$29.8K −$7.91/SF
NOI
$89.5K $23.74/SF
Area
Los Angeles, CA
Vacancy
18.60%
Lease Rate
$38.88 /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%
$1,789,720
Cap Rate 7%
$1,278,371
Cap Rate 9%
$994,289
Alternative Uses
Best Use
Office B
$1.28M
$1.12M – $1.49M
NOI $89,486 @ 7.0% cap · market cap 5.26%
Second Best
Healthcare Medical
$998.9K
$874.0K – $1.17M
NOI $69,923 @ 7.0% cap · market cap 4.11%
Theoretical Best
Multifamily LT 5
$76.38M
$66.83M – $89.11M
NOI $5,346,456 @ 7.0% cap · market cap 314.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,782
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 91325, CA
35,250
Population
13,668
Households
2.6
Avg Household Size
37
Median Age
42%
College-Educated
88%
High-School Grad
4.8 sq mi
ZIP Area
7,344
Density / Sq Mi
$92,602
Median Household Income
$39,434
Median Earnings
$1,924
Median Rent
$900,200
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Northridge Pet Hospital — 8615 Lindley Ave, Northridge, CA 91325
- Porter Veterinary Center — 18224 Parthenia St, Northridge, CA 91325
Frequently Asked Questions
Where is this medical office space located?
The property is located at 18417 Bryant Street Northridge, CA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Zoned LA‑CM (Commercial/Medical) offering flexibility.; Gated commercial/medical office building providing added security.; Approximately 3,770 sq. ft. of interior space with a functional layout.
