5151 S Western Ave, Los Angeles, CA 90029
Freshly painted office space with a dedicated conference area and parking in a gated lot.
- Added:
- May 7, 2026
- Days on Market:
- 42
- Last Refresh:
- Jun 17 at 2:43 am
Property Features for 5151 S Western Ave
General Information
- Standard status
- Active
- Size
- 1,728 SF
Listing agent Brian Zinda (562) 706-0815
Listing office Berkshire Hathaway HomeServices California Properties (562) 706-0815
Listing date May 7, 2026
Source Exprealty
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HighLights
- 1728 SF office space with dedicated office and conference area
- Freshly painted interior, ready for new finishing touches
- Gated parking lot with plenty of room for parking
- Conveniently located near Slauson Mall, Walgreens, Food 4 Less, Home Depot, Starbucks, Jamba Juice, and many restaurants
Overview
The property includes parking in a gated parking lot and is located close to established retail and dining destinations, including Slauson Mall, Walgreens, Food 4 Less, Home Depot, Starbucks, and Jamba Juice. The surrounding mix of services and restaurants supports everyday customer and employee access.
For buyers or founders looking to establish a professional workspace, the layout supports both day-to-day office use and meeting-focused use in the conference area. The gated parking configuration offers a practical benefit for staff and visitors, while the nearby retail corridors can help support employee convenience and client visits.
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 | $67.2k | $38.88 |
| − Vacancy | −$12.5k | −$7.23 |
| EGI | $54.7k | $31.65 |
| − OpEx | −$13.7k | −$7.91 |
| NOI | $41.0k | $23.74 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.30909
- Latitude
- 33.99594