7416 Western Avenue, Los Angeles, CA 90047
A flexible office layout with multiple private rooms, kitchenette, updated restrooms, and gated on-site parking.
- Added:
- Apr 12, 2026
- Days on Market:
- 64
- Last Refresh:
- Jun 12 at 12:16 am
Property Features for 7416 Western Avenue
General Information
- Standard status
- Active
- Size
- 2,050 SF
- Property subtype
- Office
Building Details
- Year Built
- 1950
Listing agent Raffi Soualian License #01887303
Listing office JohnHart Real Estate (818) 246-1099
Listing date Apr 12, 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 JohnHart Real Estate
HighLights
- Approximately 2,050 sq. ft. office building currently generating about $6,800/month in rental income
- Flexible layout with an open work area plus multiple private offices for office, conference, or meeting configurations
- Interior includes wood‑style flooring, recessed lighting, and custom wall treatments
- Kitchenette and updated restroom facilities
- Gated on‑site parking and ample natural light
- Year built: 1950
Overview
The building is centrally located with convenient access to major streets, along with nearby dining, business services, and local amenities. On-site parking is gated, offering controlled access for tenants, staff, or visitors. The offering is presented as an income opportunity, with the current rental income noted in the public remarks; buyers are instructed to independently verify property information, zoning, permitted uses, rental income, and square footage.
For buyers seeking a turn-key office building, the mix of open work areas and multiple private offices can accommodate a variety of professional users or tenants needing flexible room options. The functional interior improvements and gated parking support day-to-day operational needs for teams that require both collaboration space and dedicated rooms for meetings.
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 | $79.7k | $38.88 |
| − Vacancy | −$14.8k | −$7.23 |
| EGI | $64.9k | $31.65 |
| − OpEx | −$16.2k | −$7.91 |
| NOI | $48.7k | $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
- 33.9532
