Remodeled Office
For Sale
Contact for pricing
2330 Westwood Blvd, Los Angeles, CA 90064
Owner-user office property with updated building systems, controlled access, and refreshed interior finishes.
Property Size4,788 SF
Price / SF$710.11
Days on Market107
Property Features for 2330 Westwood Blvd
General Information
Standard status
Active
Size
4,788 SF
Property subtype
OFFICE
Listing Agency:
CBC
(310) 820-6651
Listed By:
Eric Sackler · License #01057377
(310) 979-4990
Source:
Moodyscre
Added: Jun 30
Changed: Oct 6
Last Checked: Oct 12 at 10:43PM
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 CBC
Investment Insights
Based on property information with market context.
This 4,788-square-foot office building at 2330 Westwood Blvd was upgraded in 2018 with improvements spanning the roof, exterior finish, mechanical systems, electrical service, and low-voltage wiring. The interior work included new walls, restrooms, fixtures, doors, and windows, creating a modernized office environment. Controlled-access entrances add a defined entry system for the building.
A new 30-gallon water heater was installed recently. The property is configured as an office asset and may suit an owner-user seeking an updated workplace in Los Angeles.
A new 30-gallon water heater was installed recently. The property is configured as an office asset and may suit an owner-user seeking an updated workplace in Los Angeles.
Key Highlights
- 4,788‑square‑foot office building
- 2018 upgrades included roof, stucco, HVAC, electrical, and low‑voltage wiring
- Interior improvements include walls, restrooms, fixtures, doors, and windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,649
Cap Rate
3.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,272,980
$2.3M
Cap Rate 7%
$1,623,557
$1.6M
Cap Rate 9%
$1,262,767
$1.3M
Market Conditions
NOI Build-Up for 4,788 SF
Gross rent
$186.2K $38.88/SF
− Vacancy
−$34.6K −$7.23/SF
EGI
$151.5K $31.65/SF
− OpEx
−$37.9K −$7.91/SF
NOI
$113.6K $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%
$2,272,980
Cap Rate 7%
$1,623,557
Cap Rate 9%
$1,262,767
Alternative Uses
Best Use
Office B
$1.62M
$1.42M – $1.89M
NOI $113,649 @ 7.0% cap · market cap 3.34%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$97.00M
$84.88M – $113.17M
NOI $6,790,140 @ 7.0% cap · market cap 199.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,283
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
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
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Frequently Asked Questions
What type of property is this?
Office building - Owner-user office property with updated building systems, controlled access, and refreshed interior finishes.
Where is this office building located?
The property is located at 2330 Westwood Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: 4,788‑square‑foot office building; 2018 upgrades included roof, stucco, HVAC, electrical, and low‑voltage wiring; Interior improvements include walls, restrooms, fixtures, doors, and windows
