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    Office Suite with Conference Area Title is generated by Realmo AI

    5151 S Western Ave, Los Angeles, CA 90029

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    For Sale
    $670,000

    Freshly painted office space with a dedicated conference area and parking in a gated lot.

    Property size:
    1,728 SF
    Price / SF:
    $387/SF
    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

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    Listing Contact
    Brian Zinda

    Listing agent Brian Zinda

    Listing office Berkshire Hathaway HomeServices California Properties

    Listing date May 7, 2026

    Source Exprealty

    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 Berkshire Hathaway HomeServices California Properties

    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

    This office suite is designed for a small business setup, with room for offices and a dedicated conference area. The space has been freshly painted and is positioned for an owner to add final finishes to match their operating needs.

    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
    1,728 SF · lease $38.88/SF/yr · vacancy 18.60% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $585.9K
    $512.7K – $683.6K (±1% cap)
    NOI $41,016 @ 7.0% cap · market cap 6.12%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Multifamily LT 5
    $35.01M
    $30.63M – $40.84M (±1% cap)
    NOI $2,450,577 @ 7.0% cap · market cap 365.76%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Christine Brown Counselor Natalie Salazar Counselor Lc Bennett Counselor Rohslon Robinson Counselor Timothy Palacios Counselor

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.30909
    Latitude
    33.99594

    FAQs

    What type of property is this?
    Office units - Freshly painted office space with a dedicated conference area and parking in a gated lot.
    Where is this office units located?
    The property is located at 5151 S Western Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $670,000.
    What are key features of this property?
    This property features: 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
    More about this property
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