Studio City Mixed-Use
For Sale
Contact for pricing
4340 Laurel Canyon Blvd, Los Angeles, CA 91604
Premier mixed-use property in Studio City with high visibility.
Property Size6,374 SF
Lot Size0.11 Acres
Price / SF$509.88
Days on Market149
Property Features for 4340 Laurel Canyon Blvd
General Information
Standard status
Active
Size
6,374 SF
Lot size
0.11 Acres
Property subtype
Mixed Use, Office, Retail
Zoning
C2
Occupancy
100%
Lease Type
NNN
Investment Type
Stabilized
Net Operating Income
$202,254
Building Details
Year Built
1948
Stories
2
Units
12
Tenancy
Multi
Listing Agency:
Kidder Mathews
(310) 906-3279
Listed By:
Patrick Ylagan · License #CA 02024663
Source:
Crexi
Added: Mar 17
Changed: Aug 8
Last Checked: Aug 8 at 2:41PM
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 Kidder Mathews
Investment Insights
Based on property information with market context.
Located in Studio City, this mixed-use property at 4340-4346 Laurel Canyon Blvd offers a 6,374 SF building on a 4,950 SF lot. The two-story structure features office spaces and ground-floor retail/service tenant spaces. The property benefits from dedicated rear parking and high visibility, attracting both tenants and customers. The property is positioned in a sought-after San Fernando Valley and Los Angeles market. Its strategic location near major studios, retail, and dining hotspots ensures a steady flow of visitors. The property is currently 100% occupied. Studio City is a bustling community with easy access to major freeways, making it ideal for businesses to thrive.
Key Highlights
- Prime 6,374 SF mixed‑use property in Studio City.
- Lucrative investment opportunity with existing office and ground‑floor retail/service tenants.
- 100% occupancy.
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
$151,295
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
4.66%
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%
$3,025,900
$3.0M
Cap Rate 7%
$2,161,357
$2.2M
Cap Rate 9%
$1,681,056
$1.7M
Market Conditions
NOI Build-Up for 6,374 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
$247.8K $38.88/SF
− Vacancy
−$46.1K −$7.23/SF
EGI
$201.7K $31.65/SF
− OpEx
−$50.4K −$7.91/SF
NOI
$151.3K $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 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%
$3,025,900
Cap Rate 7%
$2,161,357
Cap Rate 9%
$1,681,056
Alternative Uses
Best Use
Office B
$2.16M
$1.89M – $2.52M
NOI $151,295 @ 7.0% cap · market cap 4.66%
Second Best
Retail
$2.11M
$1.85M – $2.47M
NOI $147,923 @ 7.0% cap · market cap 4.55%
Theoretical Best
Multifamily LT 5
$129.13M
$112.99M – $150.66M
NOI $9,039,339 @ 7.0% cap · market cap 278.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
158
Businesses Nearby
Explore this area
Business Placement
Demographics for 91604, CA
30,947
Population
15,900
Households
1.9
Avg Household Size
40
Median Age
65%
College-Educated
98%
High-School Grad
4.7 sq mi
ZIP Area
6,584
Density / Sq Mi
$141,317
Median Household Income
$72,208
Median Earnings
$2,471
Median Rent
$1,698,900
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 - Premier mixed-use property in Studio City with high visibility.
Where is this mixed-use property located?
The property is located at 4340 Laurel Canyon Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Prime 6,374 SF mixed‑use property in Studio City.; Lucrative investment opportunity with existing office and ground‑floor retail/service tenants.; 100% occupancy.
