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5348 Topanga Cyn Blvd Los Angeles, CA 91364

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17,032 SF Medical Office, Owner/User Opportunity

Property size:
17,032 SF

Description

Added:
Dec 11, 2024
Days on Market:
393
This exceptional 17,032-square-foot medical office building presents a rare owner-user opportunity with income potential. Located in the thriving Woodland Hills neighborhood of Los Angeles, this Class B property boasts a desirable location near the 101 Freeway and Warner Center, offering convenient access to major transportation routes and a vibrant commercial hub. The two-story building, constructed in 1989, features a well-maintained facade, an interior atrium, and controlled access. It houses eight tenants, including six medical practices, one general office, and one retail tenant, with an occupancy rate of 72%. The building offers up to 4,691 square feet of contiguous space potentially available. Leases include annual rent increases, and the property includes 62 parking spaces in a subterranean and surface lot. The 0.41-acre lot is zoned LAC2. The strong pro-forma NOI of $339,823 makes this a compelling investment. The property's proximity to Ventura Boulevard provides easy access to numerous restaurants and cafes. The Warner Center 2035 Specific Plan, aiming to significantly expand the area's housing and commercial space, further enhances the property's long-term value. This is a unique opportunity to acquire a fee simple interest in a well-positioned, income-producing medical office building in a rapidly growing area of Los Angeles. The building's desirable features and strategic location make it an attractive investment for both owner-users and investors seeking a stable, high-performing asset.

Property Features for 5348 Topanga Cyn Blvd

General Information

Property type
Medical offices
Square Feet
17,032 SF
Class
B
Lot Size
17,860 SF

Building Details

Year Built
1989
Buildings
1
Stories
2

HighLights

  • 17,032 SF Class B medical office building in Woodland Hills, CA, with 72% occupancy and a Pro‑Forma NOI of $339,823.
  • Owner‑user opportunity with income; up to 4,691 SF contiguous space potentially available.
  • Eight tenants (six medical, one general office, one retail), many below market rent.
  • Well‑maintained building with desirable façade, interior atrium, controlled access, and 62 parking spaces.
  • Excellent location near Warner Center, with easy access to the 101 Freeway and Ventura Boulevard amenities.
Property Profile Location Intelligence

Current Use by Public Records

Medical offices

Suggested Use

Restaurant Law Firm 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
-118.60582026795
Latitude
34.167261841731

FAQs

What type of property is this?
Medical office - 17,032 SF Medical Office, Owner/User Opportunity
Where is this medical office located?
The property is located at 5348 Topanga Cyn Blvd Los Angeles, CA.
What are key features of this property?
This property features: 17,032 SF Class B medical office building in Woodland Hills, CA, with 72% occupancy and a Pro-Forma NOI of $339,823.; Owner-user opportunity with income; up to 4,691 SF contiguous space potentially available.; Eight tenants (six medical, one general office, one retail), many below market rent.
More about this property
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