Property profile

5830 Obama Blvd Los Angeles, CA 90016

OFF-MARKET
Office Spaces
40,000 SF Built 1967
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Property summary

AI-generated overview

Located at 5830 Obama Blvd, Los Angeles, CA 90016, this exceptional 40,000-square-foot executive office building presents a unique investment opportunity. Completely vacant upon closing, this single-tenant property offers unparalleled flexibility for customization. Built in 1967 and extensively renovated in 2018, the building boasts a modern façade, 14-foot ceilings, and floor-to-ceiling windows providing abundant natural light. The open floor plan allows for diverse layout configurations, catering to a variety of business needs. With 167 parking spaces and situated on a 39,981-square-foot lot, the property is zoned C4. Its prime location in the Jefferson Creative Office Corridor/Hayden Tract places it within close proximity to leading tech and media companies on the Westside, near La Cienega Boulevard. The building's proximity to the Ballona Creek bike path offers convenient access to Marina del Rey, Santa Monica, and South Bay beach cities. Seller financing is available, and there's potential for lease-back of a single floor, generating additional income. This is a rare chance to acquire a first-class compound in one of Los Angeles' most sought-after submarkets.

Property profile

Verified
Property type Office Spaces
Year built 1967
Total area 40,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5830 Obama Blvd Los Angeles, CA 90016
Los Angeles metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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