5123 Sunset Blvd Los Angeles, CA 90027
- Retail properties
- 22,740 SF
- 0.68 lot acres
Current Use by Public Records
- Truck Insurance / Insurance Agency
- Road Guard Insurance / Insurance Agency
- Oppulent Optics / Optician / Eye Care Center
- Iglesia Remanente Fiel de Dios / Church
- iSee Optical / Optician / Sunglasses Store
Property Details for 5123 Sunset Blvd
- Year built
- 1979
- Lot size
- 0.68 lot acres
- Property size
- 22,740 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional investment opportunity, Sunset Center, presents a well-maintained, grocery-anchored storefront retail and office building situated at 5123 Sunset Boulevard in Los Angeles, California, 90027. The property, built in 1979, boasts a total of 22,740 square feet on a 0.68-acre lot, zoned C2. The building features a balanced mix of retail and office space, with approximately 50% retail on the ground floor and a combination of retail and office space on the second floor. The asking price is $15,995,000, representing a compelling cap rate of 4.01% and a price per square foot of $701. The property benefits from 53 parking spaces, providing ample convenience for tenants and customers. Its location along Sunset Boulevard, just south of Hollywood Boulevard and north of Fountain Avenue, ensures high visibility and substantial pedestrian and vehicular traffic. The strategic location also offers proximity to key amenities, including Kaiser Permanente Hospital, Children's Hospital Los Angeles, Griffith Park, and the Vermont/Sunset Metro Station. This NNN-leased property represents a strong investment opportunity in a vibrant Los Angeles location.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.302
- Latitude
- 34.0987
