Eagle Rock Mid-Century Office
For Sale
Contact for pricing
7330 N Figueroa St, Los Angeles, CA 90041
Sleek, well-located office building with flexible layout.
Property Size6,897 SF
Lot Size0.38 Acres
Price / SF$543.71
Days on Market177
Property Features for 7330 N Figueroa St
General Information
Standard status
Active
Size
6,897 SF
Class
A
Total Parking Spaces
15
Lot size
0.38 Acres
Property subtype
Office, Special Purpose
Zoning
[Q]C4-1XL
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$232,652
Building Details
Year Built
1954
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Growth Investment Group
(909) 486-2069
Listed By:
Justin McCardle · License #CA 01895720
Source:
Crexi
Added: Feb 20
Changed: Aug 8
Last Checked: Aug 8 at 6:31AM
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 Growth Investment Group
Investment Insights
Based on property information with market context.
This sleek Mid-Century office building in Eagle Rock spans almost 6,900 square feet on a 16,500+ square foot corner lot. The property offers a layout suitable for single or multiple tenants, featuring common areas and a design with natural light. The corner property has a secured entrance and a gated parking lot. Significant capital improvements have been made, including updated electrical systems and a new roof. The current layout includes 7 offices, cubicle areas, 4 additional large rooms, a conference room, multiple storage areas, and 4 restrooms. Currently occupied by a charter school, the layout is designed for their use. The property can accommodate different types of businesses and offers the flexibility of being leased on a short-term basis. This building is suitable for firms looking to establish a prestigious identity, such as creative agencies, law firms, or tech startups. The property has a central location in Eagle Rock, situated between Glendale to the west and Pasadena to the east. It offers connectivity to major thoroughfares including Figueroa Street and Colorado Boulevard, and is just north of Highland Park. Freeway access is convenient, with the 134, 210, and 110 Freeways nearby, providing access to downtown Los Angeles and surrounding submarkets.
Key Highlights
- Prime Eagle Rock location with excellent connectivity to major thoroughfares and freeways (134, 210, 110).
- Mid‑Century office building with a timeless design and abundant natural light.
- Significant capital improvements, including updated electrical and a new roof.
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
$163,709
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
4.37%
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%
$3,274,180
$3.3M
Cap Rate 7%
$2,338,700
$2.3M
Cap Rate 9%
$1,818,989
$1.8M
Market Conditions
NOI Build-Up for 6,897 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
$268.2K $38.88/SF
− Vacancy
−$49.9K −$7.23/SF
EGI
$218.3K $31.65/SF
− OpEx
−$54.6K −$7.91/SF
NOI
$163.7K $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%
$3,274,180
Cap Rate 7%
$2,338,700
Cap Rate 9%
$1,818,989
Alternative Uses
Best Use
Office B
$2.34M
$2.05M – $2.73M
NOI $163,709 @ 7.0% cap · market cap 4.37%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$139.73M
$122.26M – $163.02M
NOI $9,781,036 @ 7.0% cap · market cap 260.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,634
Businesses Nearby
Explore this area
Business Placement
Demographics for 90041, CA
26,654
Population
10,425
Households
2.6
Avg Household Size
41
Median Age
52%
College-Educated
92%
High-School Grad
3.6 sq mi
ZIP Area
7,404
Density / Sq Mi
$111,834
Median Household Income
$54,443
Median Earnings
$1,797
Median Rent
$1,135,200
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 building - Sleek, well-located office building with flexible layout.
Where is this office building located?
The property is located at 7330 N Figueroa St Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Prime Eagle Rock location with excellent connectivity to major thoroughfares and freeways (134, 210, 110).; Mid‑Century office building with a timeless design and abundant natural light.; Significant capital improvements, including updated electrical and a new roof.
