Vacant Updated Retail/Office
5312 Laurel Canyon Blvd Los Angeles, CA 91607
5312 Laurel Canyon Blvd, Los Angeles, CA, 91607
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For Sale
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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
Price / SF$625.89
Days on Market131
Property Features for 5312 Laurel Canyon Blvd
General Information
- Standard status
- Active
- Size
- 3,352 SF
- Lot size
- 0.13 Acres
- Property subtype
- Office, Retail, Special Purpose
Building Details
- Year Built
- 1946
Listing agency
Koenig Properties
(818) 521-8088
Listed by
Verzhine "Gina" Uzunyan · License #00984953
Source
Crexi
Added: Mar 14 Updated: Jul 21 at 9:29PM Checked: Jul 21 at 9:29PM
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
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 | $130.3k | $38.88 |
| − Vacancy | −$24.2k | −$7.23 |
| EGI | $106.1k | $31.65 |
| − OpEx | −$26.5k | −$7.91 |
| NOI | $79.6k | $23.74 |
3,352 SF · lease $38.88/SF/yr · vacancy 18.60% · expense 25.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
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
