Building Details

Year built 1981

Listing Agency: Keller Williams R. E. Services · Keller Williams Realty m***@kw.com Show Phone

Listed By: Manvel Solakian · License #01310512 Show Phone

Added: Apr 3 Changed: Oct 8 Last Checked: Oct 13 at 5:06PM

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MLS# GD26072274

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1981, this office property provides 1612 SQFT of interior space arranged with a reception area, five private offices, a kitchen, and two restrooms. Central air serves the building, while a gated parking area at the front provides convenient entry and exit. An approximately 220 SQFT garage/storage unit and additional rear space add functional capacity for storage or related commercial needs.

The property is located at 4160 Verdugo Road in Glassell Park, with access to the 2, 5, 110, and 134 Freeways. LAC4 zoning is identified for high-intensity commercial uses, including retail, restaurants, offices, medical offices, and multifamily residential development. The front parking configuration also accommodates commercial trucks.

Key Highlights

• 1612 SQFT office building with reception area, 5 private offices, kitchen, and 2 restrooms
• Approximately 220 SQFT Garage/Storage unit plus additional rear space
• LAC4 zoning supports high‑intensity commercial uses

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$38,263

Cap Rate

3.19%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$765,260 $765.3K

Cap Rate 7%

$546,614 $546.6K

Cap Rate 9%

$425,144 $425.1K

Market Conditions

NOI Build-Up for 1,612 SF

Gross rent

$62.7K $38.88/SF

− Vacancy

−$11.7K −$7.23/SF

EGI

$51.0K $31.65/SF

− OpEx

−$12.8K −$7.91/SF

NOI

$38.3K $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 Rate 5%

$765,260

Cap Rate 7%

$546,614

Cap Rate 9%

$425,144

Alternative Uses

Best Use

Office B

$546.6K

$478.3K – $637.7K (±1% cap)

NOI $38,263 @ 7.0% cap · market cap 3.19%

Second Best

—

—

no second resolved use

Theoretical Best

Multifamily LT 5

$32.66M

$28.58M – $38.10M (±1% cap)

NOI $2,286,071 @ 7.0% cap · market cap 190.51%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Mission of Mercy Hospice, ... Nursing Home

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic (Bike/Boat/Book/etc) Store Acupuncture

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

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

826

Businesses Nearby

Explore this area Business Placement

Demographics for 90065, CA

44,328

Population

17,197

Households

2.6

Avg Household Size

39

Median Age

40%

College-Educated

81%

High-School Grad

5.5 sq mi

ZIP Area

8,060

Density / Sq Mi

$92,903

Median Household Income

$45,850

Median Earnings

$1,774

Median Rent

$1,043,900

Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office units located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Office units - Five private offices, a kitchen, two restrooms, and front parking support an owner-user configuration.

Where is this office units located?

The property is located at 4160 Verdugo Road Glassell Park, CA.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: 1612 SQFT office building with reception area, 5 private offices, kitchen, and 2 restrooms; Approximately 220 SQFT Garage/Storage unit plus additional rear space; LAC4 zoning supports high‑intensity commercial uses