18709 Topham St Tarzana, CA 91335-6805
- Office buildings
- 3,960 SF
- 0.21 lot acres
Current Use by Public Records
- Hill & Brand Entertainment / Video Production Service
Property Details for 18709 Topham St
- Year built
- 2006
- Construction
- WOOD
- Lot size
- 0.21 lot acres
- Property size
- 3,960 SF
- Zone code
- LACM
- Property type
- Office buildings
- APN
- 2127-017-019
- APU
- 2127017019
Description
This exceptional two-story, 4,591 square foot creative office building in Tarzana, CA, presents a unique owner-user opportunity with leaseback potential. Built in 2006, the Class B property features a flexible layout suitable for multiple configurations, abundant natural light, and a secure gated parking lot with 14 spaces. Situated on a 9,336 square foot lot, the building is currently 100% occupied with a lease expiring March 1, 2025. The second floor will be vacant upon sale, offering immediate occupancy for the buyer. A short-term leaseback of the ground floor is available, ensuring a smooth transition. Located in a highly desirable area of the West San Fernando Valley, the property boasts convenient access to the 101 and 405 freeways, and is minutes from Warner Center. The area offers a walk score of 76, proximity to Westfield Topanga, and easy access to public transportation. This prime location, combined with a strong local economy and affluent demographics (average household income of $117,201 within a 5-mile radius), makes this an outstanding investment prospect. The property is zoned [Q]CM-1-K-RIO. The asking price is $2,750,000. This sale is a sale for leaseback, suitable for investment or owner-user purposes. The property consists of one building with two units.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,000,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,475,000
- 6.5%
- $2,505,000
- 7%
- $2,835,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,115,000
- Geo Method
- $2,605,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,810,000
- Retail
- $2,080,000
- Mixed-Use
- $2,430,000
- Hospitality
- $2,175,000
- Educational
- $2,285,000
- Residential Income
- $2,760,000
- Energy
- $2,825,000
- Income-Based Land
- $2,750,000
- Food Service
- $2,050,000
Location Insight
- Map
- Local Demand
- City
- Tarzana
- County
- Los Angeles
- State
- California
- Longitude
- -118.541
- Latitude
- 34.1808
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
