5830 Obama Blvd Los Angeles, CA 90016
- Office Properties & Spaces
- 40,000 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 5830 Obama Blvd
- Year built
- 1967
- Property size
- 40,000 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Industrial properties
Description
This exceptional 40,000-square-foot executive office building, situated at 5830 Obama Boulevard in Los Angeles, CA 90016, presents a unique investment opportunity. Built in 1967 and extensively renovated in 2018, the property boasts a modern façade with floor-to-ceiling windows, maximizing natural light throughout its open floor plan. The 14-foot exposed ceilings add to the spacious feel, offering endless layout possibilities for a variety of uses. The building sits on a 39,981-square-foot lot and includes ample parking with 167 spaces, including 71 surface spaces and 96 spaces with valet assist. Its location in the Jefferson Creative Office Corridor/Hayden Tract, just west of La Cienega Boulevard, places it in one of Los Angeles's most sought-after Westside submarkets, close to major tech and media companies. The property is zoned C4 and offers potential for a leaseback of a single floor, generating additional income. Seller financing is available, making this a compelling investment. The building's proximity to the Ballona Creek bike path provides easy access to Marina del Rey, Santa Monica, and the South Bay beach cities. The property will be delivered vacant upon close of escrow. A new elevator is also included.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.373
- Latitude
- 34.0214
