Listing Agency: CBRE - El Segundo c***@cbre.com Show Phone

Listed By: Cameron Merrill · License #01392623 Show Phone

Source: Cbre

Added: May 20 Changed: Aug 14 Last Checked: Aug 29 at 5:53AM

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Investment Insights

Based on property information with market context.

This Class A constructed office space, built in 2022, offers a total of 16,000 square feet across two stories. The property includes 50 parking spaces and a fenced yard. Electric vehicle charging stations are available on-site. The property is suitable for commercial real estate purposes.

Key Highlights

• Class A Construction (2022)
• 16,000 SF 2 Story Office Building
• 50 Parking Spaces Available

Property Analytics

Property Profile

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Skin Care Clinic Gym & Fitness Center

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

1,146

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 90023, CA

45,939

Population

12,319

Households

3.7

Avg Household Size

32

Median Age

10%

College-Educated

53%

High-School Grad

4.3 sq mi

ZIP Area

10,683

Density / Sq Mi

$56,623

Median Household Income

$30,967

Median Earnings

$1,414

Median Rent

$617,600

Median Home Value

Market

Lease Benchmarks for Los Angeles, CA

$25.25 /SF/Yr

Avg Asking Price

$1.99–$49.69 /SF/Yr

Price Range

29,499 SF

Avg Space Size

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

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Frequently Asked Questions

What type of property is this?

Flex space - Class A, two-story office space with parking and EV charging.

Where is this flex space located?

The property is located at 2830 Lugo Street Los Angeles, CA.

What are key features of this property?

This property features: Class A Construction (2022); 16,000 SF 2 Story Office Building; 50 Parking Spaces Available