Creative Loft-Style
2254 S Sepulveda Blvd Los Angeles, CA 90064
For Sale
Contact for pricing
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 Market364
Property Features for 2254 S Sepulveda Blvd
General Information
Standard status
Active
Size
10,610 SF
Property subtype
OFFICE
Listing Agency:
The Altemus Company
(310) 478-7729
Listed By:
Justin Altemus
(310) 478-7729
Source:
Moodyscre
Added: Jul 31, 2025
Changed: Jul 28
Last Checked: Jul 28 at 7:29PM
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
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 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 | $412.5k | $38.88 |
| − Vacancy | −$76.7k | −$7.23 |
| EGI | $335.8k | $31.65 |
| − OpEx | −$83.9k | −$7.91 |
| NOI | $251.8k | $23.74 |
10,610 SF · lease $38.88/SF/yr · vacancy 18.60% · expense 25.00%
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.
Property Analytics
Location Intelligence
Current Use
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
