3171 Los Feliz - Medical FOR SALE


Los Angeles, CA 90039- Atwater Village
$7,500,000 USD
323-378-9259
3171 Los Feliz, Los Angeles, CA for Sale
$7,500,000 USD
Medical - FOR SALE
1/17
null | 2.21% Cap Rate

3171 Los Feliz
Los Angeles, CA 90039
Atwater Village


OVERVIEW

Prime Los Feliz Office Asset | Covered Parking | Exceptional Upside Offered at $7,500,000, this rare office building sits in the heart of Los Feliz, one of Los Angeles’ most desirable, supply-constrained submarkets—where creative energy, affluent demographics, and long-term demand converge. The property offers significant upside potential through lease-up, repositioning, or creative modernization, making it ideal for an owner-user, value-add investor, or boutique fund seeking strong future appreciation. With covered on-site parking—a true premium in Los Feliz—the building delivers both convenience and competitive advantage for tenants and ownership alike. Also the property is currently only 60% occupied and has a lot of room to increase NOI. Surrounded by high-end retail, restaurants, and dense residential neighborhoods, the location attracts professional services, creative firms, medical users, and lifestyle-driven businesses looking to establish a presence in one of LA’s most walkable and culturally rich corridors. Whether stabilized for long-term hold or repositioned to unlock higher rents, this asset represents a rare opportunity to acquire a core Los Feliz office building with real upside in a market where assets trade tightly and opportunities are scarce. Highlights: Irreplaceable Los Feliz location Covered parking (rare for the submarket) Strong value-add and repositioning potential Ideal for owner-user or investor Long-term appreciation in a premier LA neighborhood Contact the Listing Agent today at 323 378 9259 or by email at jason@plgestatesinc.com for more information.

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$289 USD /SF

CAP RATE

2.21%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Los Feliz Garden Offices

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

C4, Los Angeles

APN/PARCEL ID

5594-019-013

ASK ABOUT THIS PROPERTY

Jason BoritzPLG EstatesMore Info
323-378-9259

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Jason BoritzPLG EstatesMore Info
323-378-9259

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.