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    5830 Obama Blvd Los Angeles, CA 90016

    For Lease
    Contact for pricing

    40,000 SF, Fully Vacant, Seller Financing

    Lot size:
    40,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    Located at 5830 Obama Blvd, Los Angeles, CA 90016, this exceptional 40,000-square-foot executive office building presents a unique investment opportunity. Completely vacant upon closing, this single-tenant property offers unparalleled flexibility for customization. Built in 1967 and extensively renovated in 2018, the building boasts a modern façade, 14-foot ceilings, and floor-to-ceiling windows providing abundant natural light. The open floor plan allows for diverse layout configurations, catering to a variety of business needs. With 167 parking spaces and situated on a 39,981-square-foot lot, the property is zoned C4. Its prime location in the Jefferson Creative Office Corridor/Hayden Tract places it within close proximity to leading tech and media companies on the Westside, near La Cienega Boulevard. The building's proximity to the Ballona Creek bike path offers convenient access to Marina del Rey, Santa Monica, and South Bay beach cities. Seller financing is available, and there's potential for lease-back of a single floor, generating additional income. This is a rare chance to acquire a first-class compound in one of Los Angeles' most sought-after submarkets.

    Property Features for 5830 Obama Blvd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,000 SF

    Building Details

    Year Built/Renovated
    1967/2018

    Unit(s) available at that property

    Space
    Available Space
    Size
    40,000 SF

    HighLights

    • Leaseback option available for one floor.
    • Seller financing offered.
    • 14‑foot exposed ceilings.
    • High visibility location.
    • Renovated in 2018.
    • Floor‑to‑ceiling windows.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.3734449
    Latitude
    34.0214315

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    FAQs

    What type of property is this?
    Office Property Space - 40,000 SF, Fully Vacant, Seller Financing
    Where is this office property space located?
    The property is located at 5830 Obama Blvd Los Angeles, CA.
    What are key features of this property?
    This property features: Leaseback option available for one floor.; Seller financing offered.; 14-foot exposed ceilings.
    Request Owner's contact information
    5830 Obama Blvd Los Angeles, CA 90016
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    Los Angeles, CA 90016
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5830 Obama Blvd Los Angeles, CA 90016
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