Creative Loft-Style
For Sale
Contact for pricing
2254 S Sepulveda Blvd, Los Angeles, CA 90064
Loft-style office with ground-level loading door, secured entry, private offices, open bullpen, kitchens, and restrooms.
Property Size10,610 SF
Price / SF$494.82
Days on Market454
Property Features for 2254 S Sepulveda Blvd
General Information
Standard status
Active
Size
10,610 SF
Property subtype
OFFICE
Site & Location
Neighborhood
Sawtelle
Additional Details
Business Included
No
Drive-In Doors
1
Amenities
secured entry
private offices
open bullpen area
kitchen/break areas
restrooms
storage area
Building Details
Construction
loft-style
Listing Agency:
The Altemus Company
(310) 478-7727
Listed By:
Justin Altemus
(310) 478-7729
Source:
Moodyscre
Added: Jul 31, 2025
Changed: Oct 25
Last Checked: Oct 26 at 5:54PM
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 The Altemus Company
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This creative loft-style office space is designed for flexible showroom or retail-style office use. The layout includes secured entry, 11 private offices, an open bullpen area, two kitchen/break areas, four restrooms, and a small storage area. All square footage is usable with no load factor.
The property also features a ground-level loading door, supporting day-to-day move-in and delivery needs.
Internally, the space combines multiple enclosed offices with a collaborative open area, along with dedicated break areas, additional restroom capacity, and included storage for operational practicality.
The property also features a ground-level loading door, supporting day-to-day move-in and delivery needs.
Internally, the space combines multiple enclosed offices with a collaborative open area, along with dedicated break areas, additional restroom capacity, and included storage for operational practicality.
Key Highlights
- Loft‑style office with secured entry and all square footage usable with no load factor
- Ground‑level loading door for deliveries and easy access
- 11 private offices plus open bullpen area for flexible work setups
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$251,842
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,036,840
$5.0M
Cap Rate 7%
$3,597,743
$3.6M
Cap Rate 9%
$2,798,244
$2.8M
Market Conditions
NOI Build-Up for 10,610 SF
Gross rent
$412.5K $38.88/SF
− Vacancy
−$76.7K −$7.23/SF
EGI
$335.8K $31.65/SF
− OpEx
−$83.9K −$7.91/SF
NOI
$251.8K $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%
$5,036,840
Cap Rate 7%
$3,597,743
Cap Rate 9%
$2,798,244
Alternative Uses
Best Use
Office B
$3.60M
$3.15M – $4.20M
NOI $251,842 @ 7.0% cap · market cap 4.80%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$214.95M
$188.08M – $250.78M
NOI $15,046,656 @ 7.0% cap · market cap 286.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
4,855
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
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Creative space - Loft-style office with ground-level loading door, secured entry, private offices, open bullpen, kitchens, and restrooms.
Where is this creative space located?
The property is located at 2254 S Sepulveda Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: Loft‑style office with secured entry and all square footage usable with no load factor; Ground‑level loading door for deliveries and easy access; 11 private offices plus open bullpen area for flexible work setups
