Back to Search
Bank Building with Extra Back Lots

4101 Western Los Angeles, CA 90062

Claim this Listing
For Sale
$3,850,000

Leased bank building with long-term tenant occupancy and additional back lots that may support residential development.

Type:Office
Property size:
12,907 SF
Price / SF:
$298/SF
Added:
Jan 25, 2026
Days on Market:
167
Last Refresh:
Jun 15 at 8:03 am

Property Features for 4101 Western

General Information

Standard status
Active
Size
12,907 SF
Property subtype
Office

Building Details

Year Built
1971

Listing office Century 21 Discovery

Listing date Jan 25, 2026

Source Xome

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 Century 21 Discovery


Investment Insights

Based on property information with market context.

This property is a bank building offering visibility and long-standing tenant occupancy. Bank of America has occupied the building for several years, with lease provisions that include extension options of five years each, as described in the remarks. The current lease is set to expire on 9/30/2029. The property also includes two additional extra lots in the back, which the seller notes may be used for residential development.

The asset is located at 4101 Western in Los Angeles and is marketed for strong visibility along the frontage. Based on the information provided, Bank of America remains the key tenant tied to this offering, and the lease structure includes the additional extension options referenced above.

For buyers looking for a stabilized bank investment, this structure provides an income stream supported by a national tenant and lease terms described in the remarks. The included back lots add a separate development angle, subject to applicable approvals, by offering potential flexibility beyond the primary leased building.

Key Highlights

  • Bank of America has occupied the building for several years
  • Current lease expires 9/30/2029, with options for 5‑year extensions up to 9/30/2104
  • Leased building built in 1971

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $501.8k $38.88
− Vacancy −$93.3k −$7.23
EGI $408.5k $31.65
− OpEx −$102.1k −$7.91
NOI $306.4k $23.74
12,907 SF · lease $38.88/SF/yr · vacancy 18.60% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$4.99M
$4.37M – $5.83M (±1% cap)
NOI $349,553 @ 7.0% cap · market cap 9.08%
Second Best
Office B
$4.38M
$3.83M – $5.11M (±1% cap)
NOI $306,364 @ 7.0% cap · market cap 7.96%
Theoretical Best
Multifamily LT 5
$261.49M
$228.80M – $305.07M (±1% cap)
NOI $18,304,165 @ 7.0% cap · market cap 475.43%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Banks

Suggested Use

Real Estate Agency Law Firm Dental Office Spa & Massage Center Skin Care Clinic Computer & Electronic Repair Accounting Firm Gym & Fitness Center Big Box & Wholesale Store Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Bank - Leased bank building with long-term tenant occupancy and additional back lots that may support residential development.
Where is this bank located?
The property is located at 4101 Western Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,850,000.
What are key features of this property?
This property features: Bank of America has occupied the building for several years; Current lease expires 9/30/2029, with options for 5‑year extensions up to 9/30/2104; Leased building built in 1971
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message