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Grocery-Anchored Mixed-Use Property
For Sale
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Pending

5123 Sunset Blvd, Los Angeles, CA 90027

NNN-leased commercial building combining storefront retail with office space across two floors.

Property Size22,740 SF
Lot Size0.68 Acres
Days on Market143

Property Features for 5123 Sunset Blvd

General Information

Standard status Pending
Size 22,740 SF
Lot size 0.68 Acres
Property subtype Office, Retail

Building Details

Year Built 1979
Stories 2
Tenancy Multi
Listing Agency: Dell West Properties
Listed By: Dan Khatchaturian · License #CA
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 1:27AM

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 Dell West Properties

Investment Insights

Based on property information with market context.

Sunset Center is a 22,740-square-foot mixed-use commercial property completed in 1979. The building divides its space between ground-floor retail and an upper level containing both retail and office uses, with each floor representing approximately half of the total area. The property is leased under an NNN structure and includes a grocery anchor.

The asset occupies a 29,684-square-foot site along Sunset Boulevard in Los Angeles’ Little Armenia sub-market. Its setting places it south of Hollywood Boulevard, north of Fountain Avenue, and east of North Western Avenue. Nearby destinations include Kaiser Permanente Hospital, Children’s Hospital Los Angeles, Griffith Park, and the Vermont/Sunset Metro Station. The corridor is characterized by vehicle and pedestrian activity along Sunset Boulevard.

Key Highlights

  • 22,740‑square‑foot mixed‑use building completed in 1979
  • 29,684‑square‑foot site along Sunset Boulevard
  • NNN‑leased property with a grocery anchor

Property Analytics

Current Use

Truck Insurance Insurance Agency Road Guard Insurance Insurance Agency Oppulent Optics Ophthalmologist Iglesia Remanente Fiel ... Church iSee Optical Ophthalmologist

Suggested Use

Top Pick Law Firm Veterinary Clinic (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store Restaurant

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

6,788
Businesses Nearby

Demographics for 90027, CA

44,471
Population
24,267
Households
1.8
Avg Household Size
39
Median Age
58%
College-Educated
92%
High-School Grad
8.1 sq mi
ZIP Area
5,490
Density / Sq Mi
$90,532
Median Household Income
$53,526
Median Earnings
$1,904
Median Rent
$1,747,200
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - NNN-leased commercial building combining storefront retail with office space across two floors.
Where is this mixed-use property located?
The property is located at 5123 Sunset Blvd Los Angeles, CA.
What are key features of this property?
This property features: 22,740‑square‑foot mixed‑use building completed in 1979; 29,684‑square‑foot site along Sunset Boulevard; NNN‑leased property with a grocery anchor
More about this property
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