Mid-Century Modern Office
7462 N Figueroa St., Los Angeles, CA 90041
For Sale
Contact for pricing
Two-story office building with creative finishes and efficient suites.
Property Size15,114 SF
Days on Market294
Property Features for 7462 N Figueroa St.
General Information
Standard status
Size
Class
Property subtype
Lease Term
Site & Location
Neighborhood
Building Details
Building Size
Year Built
Properties For Sale
at 7462 N Figueroa St.
Suite 200
Size
1,610 SF
Type
Office Building
Term
Negotiable
Listing Agency:
Lee & Associates - Pasadena
Listed By:
John Berger · License CA #01799514
(626) 616-3974
Source:
Lee-associates
Added: Jan 26
Changed: Nov 14
Last Checked: Nov 14 at 4:12AM
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 - Pasadena
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Investment Insights
Based on property information with market context.
This architecturally significant, two-story, mid-century modern office building is beautifully maintained. It is centrally located just off the 134 freeway, offering convenient access to Downtown Los Angeles, Eagle Rock, Pasadena, and Glendale. The property features highly efficient suites with creative finishes, providing a serene environment. The building's property size is 15114 square feet.
Key Highlights
- Centrally located near the 134 freeway, Downtown LA, Eagle Rock, Pasadena, and Glendale.
- Architecturally significant mid‑century modern office building.
- Beautifully maintained 2‑story building.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$358,750
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,175,000
$7.2M
Cap Rate 7%
$5,125,000
$5.1M
Cap Rate 9%
$3,986,111
$4.0M
Market Conditions
NOI Build-Up for 15,114 SF
Gross rent
$587.6K $38.88/SF
− Vacancy
−$109.3K −$7.23/SF
EGI
$478.3K $31.65/SF
− OpEx
−$119.6K −$7.91/SF
NOI
$358.7K $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 Rate 5%
$7,175,000
Cap Rate 7%
$5,125,000
Cap Rate 9%
$3,986,111
Alternative Uses
Best Use
Office B
$5.12M
$4.48M – $5.98M
NOI $358,750 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.31M
$5.52M – $7.36M
NOI $441,720 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
603
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
$1,135,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Los Angeles, CA
Properties on Market for Office buildings in Los Angeles
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Two-story office building with creative finishes and efficient suites.
Where is this office building located?
The property is located at 7462 N Figueroa St. Los Angeles, CA.
What are key features of this property?
This property features: Centrally located near the 134 freeway, Downtown LA, Eagle Rock, Pasadena, and Glendale.; Architecturally significant mid‑century modern office building.; Beautifully maintained 2‑story building.
