West Side LA Office
For Sale
$7,995,000
2140 Cotner Avenue, Los Angeles, CA 90025
Four-story office building with high visibility and income potential.
Property Size15,923 SF
Price / SF$502.10
Days on Market158
Property Features for 2140 Cotner Avenue
General Information
Standard status
Active
Size
15,923 SF
Property subtype
Commercial/Industrial
Building Details
Year Built
1990
Listing Agency:
Keller Williams Luxury
(818) 200-2929
Listed By:
Scott Mullen · License #02030393
(818) 231-1230
Source:
Exitrealty
Added: May 16
Changed: Oct 4
Last Checked: Oct 4 at 6:45AM
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 Keller Williams Luxury
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Investment Insights
Based on property information with market context.
This 15,923 square-foot office building presents an opportunity for owner/users, developers, and investors. The property is located on the West Side of Los Angeles, at the corner of Olympic and Cotner, running parallel and directly adjacent to the I-405 freeway. The building features four stories, including three floors and a mezzanine, with existing build-out. Subterranean parking provides 34 spaces. The property benefits from M2 zoning and direct visibility from the I-405 freeway. An existing cell tower lease is included, generating monthly income. The high-profile visibility allows for branding with signage or the potential to sell sign space. The location has a walk score of 89, indicating it is very walkable, a bike score of 77, indicating it is very bikeable, and a transit score of 65, indicating good transit options.
Key Highlights
- Premium West Side LA location with direct visibility from I‑405
- M2 Zoning offering diverse development and usage possibilities
- Existing cell tower lease provides significant monthly income
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$377,952
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,559,040
$7.6M
Cap Rate 7%
$5,399,314
$5.4M
Cap Rate 9%
$4,199,467
$4.2M
Market Conditions
NOI Build-Up for 15,923 SF
Gross rent
$619.1K $38.88/SF
− Vacancy
−$115.2K −$7.23/SF
EGI
$503.9K $31.65/SF
− OpEx
−$126.0K −$7.91/SF
NOI
$378.0K $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 Rate 5%
$7,559,040
Cap Rate 7%
$5,399,314
Cap Rate 9%
$4,199,467
Alternative Uses
Best Use
Office B
$5.40M
$4.72M – $6.30M
NOI $377,952 @ 7.0% cap · market cap 4.73%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$322.59M
$282.27M – $376.36M
NOI $22,581,329 @ 7.0% cap · market cap 282.44%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
5,597
Businesses Nearby
Explore this area
Business Placement
Demographics for 90025, CA
45,466
Population
24,965
Households
1.8
Avg Household Size
36
Median Age
70%
College-Educated
95%
High-School Grad
2.6 sq mi
ZIP Area
17,487
Density / Sq Mi
$104,627
Median Household Income
$70,713
Median Earnings
$2,465
Median Rent
$1,081,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Four-story office building with high visibility and income potential.
Where is this office building located?
The property is located at 2140 Cotner Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $7,995,000.
What are key features of this property?
This property features: Premium West Side LA location with direct visibility from I‑405; M2 Zoning offering diverse development and usage possibilities; Existing cell tower lease provides significant monthly income
