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Two-Story Mixed-Use Property

2320 Cotner, Los Angeles, CA 90064

For Sale
$2,499,000

Office areas, warehouse and storage space, and a roof deck are arranged across two levels.

Property Size4,974 SF
Lot Size0.15 Acres
Price / SF$502.41
Days on Market117

Property Features for 2320 Cotner

General Information

Standard status Active
Size 4,974 SF
Total Parking Spaces 9
Lot size 0.15 Acres
Property subtype Mixed Use
Zoning M2

Site & Location

Neighborhood Sawtelle
Highway Access Yes
Public Transit Yes

Additional Details

Warehouse Space 1,375 SF
Property Use Office/Flex

Amenities

conference facility
private roof deck

Building Details

Building Size 4,974 SF
Year Built 1972
Buildings 1
Stories 2
Listing Agency: D.M.C. Real Estate Co.
Listed By: Simon Asef · License #01726727
Source: Monumentglobalestates
Added: Jul 14 Changed: Nov 7 Last Checked: Nov 7 at 8:04PM

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 D.M.C. Real Estate Co.

Rey
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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 freestanding, two-story mixed-use property contains approximately 4,974 square feet on a 6,538-square-foot M2-zoned lot. Its layout combines private offices, open work areas, conference space, and approximately 1,375 square feet of warehouse and storage space. Office and storage areas occupy the ground floor, with more office space and a private roof deck above. Tandem parking accommodates approximately nine vehicles.

The property is in West Los Angeles, with access to the 405 and 10 freeways. The Sawtelle dining and retail corridor, Expo Line, and additional amenities are nearby.

Key Highlights

  • Approximately 4,974 square feet on a 6,538‑square‑foot M2‑zoned lot
  • Two‑story freestanding building with private offices, open work areas, and conference space
  • Approximately 1,375 square feet of warehouse and storage space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$100,724
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,014,480 $2.0M
Cap Rate 7%
$1,438,914 $1.4M
Cap Rate 9%
$1,119,156 $1.1M
Market Conditions
NOI Build-Up for 4,974 SF
Gross rent
$179.1K $36.00/SF
− Vacancy
−$17.9K −$3.60/SF
EGI
$161.2K $32.40/SF
− OpEx
−$60.4K −$12.15/SF
NOI
$100.7K $20.25/SF
Area
Los Angeles, CA
Vacancy
10.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,014,480
Cap Rate 7%
$1,438,914
Cap Rate 9%
$1,119,156

Alternative Uses

Best Use
Mixed Use
$1.44M
$1.26M – $1.68M (±1% cap)
NOI $100,724 @ 7.0% cap · market cap 4.03%
Second Best
Warehouse
$1.07M
$937.9K – $1.25M (±1% cap)
NOI $75,031 @ 7.0% cap · market cap 3.00%
Theoretical Best
Multifamily LT 5
$100.77M
$88.17M – $117.57M (±1% cap)
NOI $7,053,918 @ 7.0% cap · market cap 282.27%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Revolution Furniture Corp Big Box & Wholesale Store Medical Billing Management, ... Medical Billing Service Revolution Furniture Corporation Furniture & Home Goods

Suggested Use

Top Pick Barber Shop Auto Parts Store Nursing Home Discount Store Mobile Phone Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

4,492
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Mixed-use properties in Los Angeles, CA

$481 Jul
$439 Aug
$442 Sep
$475 Oct

Properties on Market for Mixed-use properties in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Los Angeles, CA

1.8% 2019
2.4% 2020
0.9% 2021
1.2% 2022
3% 2023
4.6% 2024
4.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Office areas, warehouse and storage space, and a roof deck are arranged across two levels.
Where is this mixed-use property located?
The property is located at 2320 Cotner Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,499,000.
What are key features of this property?
This property features: Approximately 4,974 square feet on a 6,538‑square‑foot M2‑zoned lot; Two‑story freestanding building with private offices, open work areas, and conference space; Approximately 1,375 square feet of warehouse and storage space
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