5435-5445 Balboa Blvd Los Angeles, CA 91316
- Office Properties & Spaces
- 73,910 SF
- 2.40 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 5435-5445 Balboa Blvd
- Lot size
- 2.40 lot acres
- Property size
- 73,910 SF
- Property type
- Office Properties & Spaces
Description
This Encino office campus, totaling ±73,910 square feet across two buildings, presents a compelling value-add investment opportunity. Located at 5435-5445 Balboa Blvd in Los Angeles County, CA (zip code 91316), this Class B property boasts a prime location with excellent freeway visibility in the San Fernando Valley's central business corridor. Built in 1980 and 1988, the two-story complex sits on a 2.4-acre lot and offers 226 parking spaces (approximately 3 spaces per 1,000 sq ft). Currently featuring a multi-tenant occupancy of 40%, the property presents significant upside potential. The asking price is $15,800,000 ($243/sq ft). Zoned C4-1VL
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.502
- Latitude
- 34.1698