Freestanding Live-Work
For Sale
Contact for pricing
3525 Glenhurst Avenue, Los Angeles, CA 90039
A separate building with dedicated parking offers room for office-based operations.
Property Size1,650 SF
Price / SF$3.94
Days on Market16
Property Features for 3525 Glenhurst Avenue
General Information
Standard status
Active
Size
1,650 SF
Total Parking Spaces
4
Property subtype
MixedUse
Site & Location
Neighborhood
Atwater Village
Additional Details
Property Use
Live/Work
Building Details
Year Built
1959
Buildings
1
Listing Agency:
Figure 8 Realty
(213) 537-0114
Listed By:
Cael Kirkland · License #02003728
Source:
Lugobros
Added: Oct 14
Changed: Oct 29
Last Checked: Oct 28 at 1:41PM
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 Figure 8 Realty
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Investment Insights
Based on property information with market context.
This freestanding live-work property contains approximately 1,650 square feet and includes four dedicated parking spaces. Built in 1959, the building is described as suitable for office-based activity, including creative, design, architecture, and production work, as well as by-appointment or back-office operations.
The property is at 3525 Glenhurst Avenue in Los Angeles’ Atwater Village area, with Los Feliz and Silver Lake described as minutes away. Its configuration supports work that does not rely on walk-in customer traffic.
The property is at 3525 Glenhurst Avenue in Los Angeles’ Atwater Village area, with Los Feliz and Silver Lake described as minutes away. Its configuration supports work that does not rely on walk-in customer traffic.
Key Highlights
- Approximately 1,650 square feet
- Four dedicated parking spaces
- Freestanding building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,413
Suggested Prices Based on Cap Rates
Cap Rate 5%
$668,260
$668.3K
Cap Rate 7%
$477,329
$477.3K
Cap Rate 9%
$371,256
$371.3K
Market Conditions
NOI Build-Up for 1,650 SF
Gross rent
$59.4K $36.00/SF
− Vacancy
−$5.9K −$3.60/SF
EGI
$53.5K $32.40/SF
− OpEx
−$20.0K −$12.15/SF
NOI
$33.4K $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%
$668,260
Cap Rate 7%
$477,329
Cap Rate 9%
$371,256
Alternative Uses
Best Use
Office B
$559.5K
$489.6K – $652.8K
NOI $39,165 @ 7.0% cap · market cap 602.54%
Second Best
Mixed Use
$477.3K
$417.7K – $556.9K
NOI $33,413 @ 7.0% cap · market cap 514.05%
Theoretical Best
Multifamily LT 5
$33.43M
$29.25M – $39.00M
NOI $2,339,961 @ 7.0% cap · market cap 35,999.40%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,729
Businesses Nearby
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Business Placement
Demographics for 90039, CA
28,059
Population
13,332
Households
2.1
Avg Household Size
40
Median Age
57%
College-Educated
90%
High-School Grad
3.6 sq mi
ZIP Area
7,794
Density / Sq Mi
$105,578
Median Household Income
$56,121
Median Earnings
$2,149
Median Rent
$1,202,000
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Live-work space - A separate building with dedicated parking offers room for office-based operations.
Where is this live-work space located?
The property is located at 3525 Glenhurst Avenue Los Angeles, CA.
What are key features of this property?
This property features: Approximately 1,650 square feet; Four dedicated parking spaces; Freestanding building
