5830 Obama Blvd 40,000 SF 100% Leased Office Building Los Angeles, CA 90016 For Sale
INVESTMENT HIGHLIGHTS
- 14' Exposed Ceilings
- New Elevator
- Highly Visible Location
EXECUTIVE SUMMARY
5830 Obama Boulevard presents the rare opportunity to acquire a first-class compound in close proximity to some of the most prolific tech and media companies in the world. The property is located on Obama Blvd., one property West of La Cienega Blvd., and in the Jefferson Creative Office Corridor/Hayden Tract - one of the hottest submarkets on Los Angeles’ Westside.
The building was renovated in 2018 and sits at 40,000 square feet with a spacious indoor/outdoor environment. Shubin + Donaldson were the architects of the project. The building has a modern facade and each level has floor to ceiling windows offering great natural light throughout the interior. The open floor plan lends itself to endless layout possibilities.
The building will be delivered vacant upon the close of escrow and seller financing is available. There is potential to lease back a single floor for additional income. The site is located near the Ballona Creek bike path which provides easy access to Marina del Rey, Santa Monica and the South Bay beach cities.
The building was renovated in 2018 and sits at 40,000 square feet with a spacious indoor/outdoor environment. Shubin + Donaldson were the architects of the project. The building has a modern facade and each level has floor to ceiling windows offering great natural light throughout the interior. The open floor plan lends itself to endless layout possibilities.
The building will be delivered vacant upon the close of escrow and seller financing is available. There is potential to lease back a single floor for additional income. The site is located near the Ballona Creek bike path which provides easy access to Marina del Rey, Santa Monica and the South Bay beach cities.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
40,000 SF
Building Class
B
Year Built/Renovated
1967/2018
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
20,000 SF
Building FAR
1.00
Lot Size
0.92 AC
Zoning
C2-1, Los Angeles - Neighborhood Commercial
Parking
100 Spaces (2.5 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
The building was renovated in 2018 and sits at 40,000 square feet with a spacious indoor/outdoor environment. Shubin + Donaldson were the architects of the project.
The building was renovated in 2018 and sits at 40,000 square feet with a spacious indoor/outdoor environment. Shubin + Donaldson were the architects of the project.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 20,000 SF | Office | Full Build-Out | 30 Days |
| 2nd Floor | 20,000 SF | Office | Full Build-Out | 30 Days |
1st Floor
| Size |
| 20,000 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
2nd Floor
| Size |
| 20,000 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
Walk Score®
Very Walkable (73)
PROPERTY TAXES
| Parcel Number | 4204-020-243 | Improvements Assessment | $11,444,400 |
| Land Assessment | $18,207,000 | Total Assessment | $29,651,400 |
CONTACTS
-
Aleks Trifunovic -
Tommy Isola -
Tibor Lody -
Keith Fielding -
Adam Levine -
Lee & Associates - West LA
