5151 Western Avenue, Los Angeles, CA 90062
For sale office space with freshly painted interiors, built for offices and a dedicated conference area, plus gated parking.
- Added:
- Mar 29, 2026
- Days on Market:
- 78
- Last Refresh:
- Jun 14 at 1:41 am
Property Features for 5151 Western Avenue
General Information
- Standard status
- Active
- Size
- 1,728 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1948
Listing agent Brian Zinda
Listing office Berkshire Hathaway HomeServices California Properties (310) 777-7800
Listing date Mar 29, 2026
Source Xome
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 built for offices and a dedicated conference area
- Freshly painted interiors
- Gated community with a gated parking lot featuring 9 parking spaces
- Roof: composition and tar/gravel
- Zoning: LAC2
- Lot dimensions: 40 x 141
Overview
The property is located at 5151 Western Avenue in Los Angeles, CA 90062. Access is supported by a gated parking lot, providing on-site parking for staff and visitors. The surrounding retail corridor includes nearby national and local amenities such as Walgreens, Food 4 Less, Home Depot, Starbucks, Jamba Juice, and Slauson Mall, along with a concentration of restaurants.
For a startup or growing office team, this layout offers dedicated space for both day-to-day work and client or internal meetings. The freshly painted condition reduces immediate turnaround needs, and the gated parking feature can simplify parking logistics for employees and guests. This is a practical option for an owner-occupant seeking office space with a conference-ready setup, or for an investor looking for an office property to personalize and lease to business tenants.
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
- -118.309
- Latitude
- 34.0036
