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    4721 Laurel Canyon Blvd Los Angeles, CA 91607

    Sponsored
    For Sale
    $2,850,000

    Multi-tenant office, prime location.

    Property size:
    4,767 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a 4,767 square foot multi-tenant office property ideally situated in Los Angeles, CA, at 4721 Laurel Canyon Blvd, 91607. The property, encompassing two buildings on a 7,100 square foot lot, boasts nine units and offers a flexible arrangement perfect for both owner-users and investors. Built in 1975 and renovated in 2006, the property features bright offices with large windows, accessible via an open-air walkway with shared restrooms. One unit includes a private restroom with a shower. The 2006 renovation included structural steel framing upgrades to accommodate additional covered parking, both adjacent and behind each building. The property benefits from a shared central driveway and gated entry with the adjacent 4717 Laurel Canyon Blvd. Its location, one block north of the 101 Freeway in Valley Village, near Studio City, provides excellent freeway access. All tenancies are month-to-month, offering significant flexibility. The property is zoned LAC2 and offers over 30 feet of building frontage on Laurel Canyon Boulevard, presenting a prime signage opportunity. The asking price is $2,850,000, translating to $597.86 per square foot. This is a Class C property with a net rentable area of 4,767 square feet. The APN is 2356-037-037. This is a for-sale-by-owner opportunity.

    Property Features for 4721 Laurel Canyon Blvd

    General Information

    Property type
    Office space
    Square Feet
    4,767 SF
    Class
    C

    Building Details

    Year Built/Renovated
    1975/2006
    Buildings
    2
    Units
    9

    HighLights

    • Multi‑tenant professional office building.
    • 30‑foot street frontage.
    • Bright offices with large windows, accessed via an open‑air walkway with shared restrooms.
    • Centrally located one block north of the 101 Freeway in the Eastern San Fernando Valley.
    • Shared gated driveway.
    • Ample parking adjacent to and behind the buildings.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -118.39658233796
    Latitude
    34.156359852867

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    FAQs

    What type of property is this?
    Office space - Multi-tenant office, prime location.
    Where is this office space located?
    The property is located at 4721 Laurel Canyon Blvd Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $2,850,000.
    What are key features of this property?
    This property features: Multi-tenant professional office building.; 30-foot street frontage.; Bright offices with large windows, accessed via an open-air walkway with shared restrooms.
    Request Owner's contact information
    4721 Laurel Canyon Blvd Los Angeles, CA 91607
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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
    4721 Laurel Canyon Blvd Los Angeles, CA 91607
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