West Los Angeles Multiuse
For Sale
Contact for pricing
3770 Selby Ave, Los Angeles, CA 90034
Multiuse property in West Los Angeles, ideal for owner-users.
Property Size2,526 SF
Price / SF$671.02
Days on Market154
Property Features for 3770 Selby Ave
General Information
Standard status
Active
Size
2,526 SF
Total Parking Spaces
2
Property subtype
Office, Industrial
Investment Type
Owner/User
Building Details
Year Built
1960
Listing Agency:
Zacuto Group
(310) 469-9012
Listed By:
Jake Zacuto · License #CA 01377441
Source:
Crexi
Added: Mar 12
Changed: Aug 8
Last Checked: Aug 12 at 8:48AM
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 Zacuto Group
Investment Insights
Based on property information with market context.
Located in West Los Angeles, the property at 3770 Selby Avenue offers an opportunity to purchase a multiuse asset. The property is suitable for owner-users or investors seeking functionality and long-term value. It is located in close proximity to Sony Studios, Hayden Tract, The Platform, and Downtown Culver City. Restaurants and retail on Venice Boulevard are within walking distance. The location provides access to Beverly Hills, Downtown, and the Westside. The property size is 2526 square feet.
Key Highlights
- Prime West Los Angeles Location
- Multiuse Asset ideal for owner‑users or investors
- Close proximity to Sony Studios, Hayden Tract, The Platform, and Downtown Culver City
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
$59,958
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
3.54%
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%
$1,199,160
$1.2M
Cap Rate 7%
$856,543
$856.5K
Cap Rate 9%
$666,200
$666.2K
Market Conditions
NOI Build-Up for 2,526 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
$98.2K $38.88/SF
− Vacancy
−$18.3K −$7.23/SF
EGI
$79.9K $31.65/SF
− OpEx
−$20.0K −$7.91/SF
NOI
$60.0K $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%
$1,199,160
Cap Rate 7%
$856,543
Cap Rate 9%
$666,200
Alternative Uses
Best Use
Office B
$856.5K
$749.5K – $999.3K
NOI $59,958 @ 7.0% cap · market cap 3.54%
Second Best
Mixed Use
$730.7K
$639.4K – $852.5K
NOI $51,152 @ 7.0% cap · market cap 3.02%
Theoretical Best
Multifamily LT 5
$51.18M
$44.78M – $59.70M
NOI $3,582,267 @ 7.0% cap · market cap 211.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,705
Businesses Nearby
Explore this area
Business Placement
Demographics for 90034, CA
57,152
Population
29,262
Households
2
Avg Household Size
35
Median Age
64%
College-Educated
92%
High-School Grad
3.1 sq mi
ZIP Area
18,436
Density / Sq Mi
$103,082
Median Household Income
$62,891
Median Earnings
$2,180
Median Rent
$1,395,000
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?
Mixed-use property - Multiuse property in West Los Angeles, ideal for owner-users.
Where is this mixed-use property located?
The property is located at 3770 Selby Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Prime West Los Angeles Location; Multiuse Asset ideal for owner‑users or investors; Close proximity to Sony Studios, Hayden Tract, The Platform, and Downtown Culver City
