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$730.99
Days on Market61
Property Features for 2330 Westwood Blvd
General Information
Standard status
Active
Size
4,788 SF
Property subtype
OFFICE
Listing Agency:
CBC
(310) 979-4990
Listed By:
Eric Sackler · License #01057377
(310) 979-4990
Source:
Moodyscre
Added: Jun 30
Changed: Aug 29
Last Checked: Aug 29 at 7:17PM
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$113,649
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.25%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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 3.25%
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 194.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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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 $3,500,000.
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
