Creative Office with Roll-Up
New
For Sale
$3,995,000
2222 Cotner Ave, Los Angeles, CA 90064
Freestanding workspace pairs an open layout with skylights, a kitchen, and private parking.
Property Size5,000 SF
Price / SF$799
Days on Market1
Property Features for 2222 Cotner Ave
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Office
Site & Location
Neighborhood
Sawtelle
Highway Access
Yes
Additional Details
Property Use
Creative Office
Amenities
Concrete Floors
Exposed Ceilings
Skylights
Roll Up Door
Kitchen
Private Parking
800 Amps of Power
Building Details
Building Size
5,000 SF
Year Built
1960
Listing Agency:
Lee & Associates - Los Angeles - West
Listed By:
Brad McCoy · License #01938098
(310) 899-2730
Source:
Lee-associates
Added: Oct 23
Last Checked: Oct 23 at 5:33PM
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 - Los Angeles - West
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Investment Insights
Based on property information with market context.
This freestanding creative office in West Los Angeles contains 5,000 SF, with an open-plan interior, concrete floors, and exposed ceilings ranging from 12’ to 14’. Skylights, a kitchen, and a roll-up door are among the building’s features. The property was built in 1960 and has 800 amps of power.
The site is at 2222 Cotner Ave, with access to the 405 Freeway and Westside business districts.
The site is at 2222 Cotner Ave, with access to the 405 Freeway and Westside business districts.
Key Highlights
- 5,000 SF freestanding creative office
- Open‑plan interior with concrete floors
- Exposed ceilings from 12’ to 14’ and skylights
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$118,681
Cap Rate
2.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,373,620
$2.4M
Cap Rate 7%
$1,695,443
$1.7M
Cap Rate 9%
$1,318,678
$1.3M
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$194.4K $38.88/SF
− Vacancy
−$36.2K −$7.23/SF
EGI
$158.2K $31.65/SF
− OpEx
−$39.6K −$7.91/SF
NOI
$118.7K $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%
$2,373,620
Cap Rate 7%
$1,695,443
Cap Rate 9%
$1,318,678
Alternative Uses
Best Use
Office B
$1.70M
$1.48M – $1.98M
NOI $118,681 @ 7.0% cap · market cap 2.97%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$101.30M
$88.63M – $118.18M
NOI $7,090,790 @ 7.0% cap · market cap 177.49%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
5,597
Businesses Nearby
Explore this area
Business Placement
Demographics for 90064, CA
27,553
Population
12,897
Households
2.1
Avg Household Size
40
Median Age
71%
College-Educated
95%
High-School Grad
3.7 sq mi
ZIP Area
7,447
Density / Sq Mi
$129,703
Median Household Income
$84,766
Median Earnings
$2,710
Median Rent
$1,746,800
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Creative space - Freestanding workspace pairs an open layout with skylights, a kitchen, and private parking.
Where is this creative space located?
The property is located at 2222 Cotner Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: 5,000 SF freestanding creative office; Open‑plan interior with concrete floors; Exposed ceilings from 12’ to 14’ and skylights
