Vacant Updated Retail/Office
For Sale
Contact for pricing
Pending
5312 Laurel Canyon Blvd, Los Angeles, CA 91607
Completely vacant, updated storefront building with flexible three-space layout, handicap-accessible restrooms, and front/rear parking access.
Property Size3,352 SF
Lot Size0.13 Acres
Days on Market176
Property Features for 5312 Laurel Canyon Blvd
General Information
Standard status
Pending
Size
3,352 SF
Class
Trophy
Lot size
0.13 Acres
Property subtype
Office, Retail, Special Purpose
Zoning
C2
Additional Details
Highway Access
Yes
Amenities
handicap-accessible restrooms
kitchenette
office area
skylights
high ceilings
open floor plans
front/rear access
private & street parking
Building Details
Year Built
1946
Year Renovated
2025
Buildings
3
Stories
1
Listing Agency:
Koenig Properties
Listed By:
Verzhine "Gina" Uzunyan · License #00984953
(818) 521-8088
Source:
Crexi
Added: Mar 14
Changed: Aug 8
Last Checked: Jul 25 at 10:54AM
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 Koenig Properties
Investment Insights
Based on property information with market context.
Completely vacant and updated storefront retail/office building totaling 3,352 square feet, offering a flexible layout with three separate spaces that can be used individually or combined. The property has been recently renovated with a new roof, skylights, plumbing, windows, stucco, and electrical. Interior features include high ceilings, open floor plans, handicap-accessible restrooms, and a rear kitchenette/office area, designed to support a range of showroom or service-oriented uses.
Located in the heart of the City of Valley Village on Laurel Canyon Blvd, the building includes both front and rear access with private and street parking. A 5,500 square foot lot is improved with curb appeal, and the site is zoned C2, providing flexibility for eligible commercial uses.
Located in the heart of the City of Valley Village on Laurel Canyon Blvd, the building includes both front and rear access with private and street parking. A 5,500 square foot lot is improved with curb appeal, and the site is zoned C2, providing flexibility for eligible commercial uses.
Key Highlights
- Completely vacant, updated 3,352 SF storefront retail/office building (built 1946) on Laurel Canyon Blvd
- Flexible layout with three separate spaces that can be used individually or combined
- Recent renovations include new roof, skylights, plumbing, windows, stucco, and electrical
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
$79,564
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
3.79%
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%
$1,591,280
$1.6M
Cap Rate 7%
$1,136,629
$1.1M
Cap Rate 9%
$884,044
$884.0K
Market Conditions
NOI Build-Up for 3,352 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
$130.3K $38.88/SF
− Vacancy
−$24.2K −$7.23/SF
EGI
$106.1K $31.65/SF
− OpEx
−$26.5K −$7.91/SF
NOI
$79.6K $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%
$1,591,280
Cap Rate 7%
$1,136,629
Cap Rate 9%
$884,044
Alternative Uses
Best Use
Office B
$1.14M
$994.6K – $1.33M
NOI $79,564 @ 7.0% cap · market cap 3.79%
Second Best
Retail
$1.11M
$972.4K – $1.30M
NOI $77,790 @ 7.0% cap · market cap 3.71%
Theoretical Best
Multifamily LT 5
$67.91M
$59.42M – $79.23M
NOI $4,753,666 @ 7.0% cap · market cap 226.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,606
Businesses Nearby
Explore this area
Business Placement
Demographics for 91607, CA
30,502
Population
14,597
Households
2.1
Avg Household Size
38
Median Age
52%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
12,201
Density / Sq Mi
$84,925
Median Household Income
$50,970
Median Earnings
$1,998
Median Rent
$1,019,300
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?
Office units - Completely vacant, updated storefront building with flexible three-space layout, handicap-accessible restrooms, and front/rear parking access.
Where is this office units located?
The property is located at 5312 Laurel Canyon Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,098,000.
What are key features of this property?
This property features: Completely vacant, updated 3,352 SF storefront retail/office building (built 1946) on Laurel Canyon Blvd; Flexible layout with three separate spaces that can be used individually or combined; Recent renovations include new roof, skylights, plumbing, windows, stucco, and electrical
