4101 Western Los Angeles, CA 90062
Leased bank building with long-term tenant occupancy and additional back lots that may support residential development.
- 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 (714) 626-2000
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.
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 |