CALL FOR OFFERS ON SEPTEMBER 26!
Seller is extremely motivated and the property will sell!
TWO PARCELS - EACH AVAILABLE INDIVIDUALLY OR AS A PACKAGE:
1) 11333 Iowa Ave, Los Angeles, CA 90025 - Two Story Highly Improved Creative Office - 5,749 Sq Ft on 6,336 sq ft with Parking!
2) 1674 Corinth Ave, Los Angeles, CA 90025 - Two Story Highly Improved Creative Office - 4,752 Sq Ft on 2,376 sq ft.
Ally Commercial Real Estate, as the exclusive agent for the owner, is pleased to present the sale of 11333 Iowa Ave., Los Angeles, CA—a premier, highly improved creative office building that seamlessly blends style and functionality. Ideally located in the heart of West LA’s thriving Tech Hub, this property offers unparalleled convenience with easy access to the 405 and 10 freeways. Situated in "Little Osaka," it provides a dynamic, resource-rich environment featuring trendy restaurants, boutique shops, and vibrant local culture.
This modern office space boasts exposed brick, skylights, and abundant natural light, creating a sophisticated and inspiring atmosphere that enhances business branding and attracts young professionals drawn to Sawtelle's energetic scene. With comparable lease rates at $4 PSF NNN, the property stabilizes well into the 6%+ CAP rate, requiring no additional CAPEX or tenant improvements. Investors can enjoy immediate returns, while owner-users benefit from the option to occupy the space without incurring extra costs.
The property also features private on-site parking and versatile usability, making it an exceptional choice for both investors and owner-users seeking a standout opportunity in a prime market.
Seller is willing to do a sale lease back at an attractive ROI.
Check out www.11333iowa.com to take a 3D tour of this incredible building!