Office Unit For
For Sale
$344,300
5567 Reseda Blvd, Tarzana, CA 91356
Office unit with 626 square feet of space.
Property Size34,000 SF
Price / SF$550
Days on Market146
Property Features for 5567 Reseda Blvd
General Information
Standard status
Active
Size
34,000 SF
Class
B
Property subtype
Office
Building Details
Building Size
34,000 SF
Listing Agency:
Lee & Associates - LA North - Sherman Oaks
Listed By:
Darren Casamassima · License #CalDRE #01425638
(818) 933-0303
Source:
Lee-associates
Added: May 27
Changed: Oct 16
Last Checked: Oct 19 at 4:51AM
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 Lee & Associates - LA North - Sherman Oaks
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Investment Insights
Based on property information with market context.
This commercial real estate offering features an office unit with a total area of 626 square feet.
Key Highlights
- Office Space Available
- 626 SqFt
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,859
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$297,180
$297.2K
Cap Rate 7%
$212,271
$212.3K
Cap Rate 9%
$165,100
$165.1K
Market Conditions
NOI Build-Up for 626 SF
Gross rent
$24.3K $38.88/SF
− Vacancy
−$4.5K −$7.23/SF
EGI
$19.8K $31.65/SF
− OpEx
−$5.0K −$7.91/SF
NOI
$14.9K $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 Rate 5%
$297,180
Cap Rate 7%
$212,271
Cap Rate 9%
$165,100
Alternative Uses
Best Use
Office B
$212.3K
$185.7K – $247.7K
NOI $14,859 @ 7.0% cap · market cap 4.32%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$12.68M
$11.10M – $14.80M
NOI $887,767 @ 7.0% cap · market cap 257.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4,212
Businesses Nearby
Explore this area
Business Placement
Demographics for 91356, CA
30,664
Population
12,715
Households
2.4
Avg Household Size
43
Median Age
56%
College-Educated
94%
High-School Grad
7.3 sq mi
ZIP Area
4,201
Density / Sq Mi
$110,094
Median Household Income
$60,504
Median Earnings
$2,027
Median Rent
$1,177,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Office unit with 626 square feet of space.
Where is this office unit located?
The property is located at 5567 Reseda Blvd Tarzana, CA.
What is the asking price?
The asking price for this property is $344,300.
What are key features of this property?
This property features: Office Space Available; 626 SqFt
