Owner user/ investor
$2,295,000
14401 Gilmore Street, Los Angeles, CA 91401
For Sale
Office
Building
Active
Last Updated: 04/22/2021
4.2
Cap Rate
6,222 sqft
Building Size
Details:
Cap Rate: 4.2%
Building Size: 6,222 sqft
Lot Area: 0.17 sqft
Occupancy: 97%
Class: C
Lease Type: Percentage
Year Built: 1961
Tenancy: Multiple
Highlights:
- Corner Lot Luxury Office Space /Walking distance to court house
- Pride of ownership/ Secured parking for 15 spaces/ Turnkey
Description:
The property is well positioned for an office or law firm owner user and/or investor, to occupy a portion or 100% of the building. Though the building is 80% leased, the property benefits from short term leases to accommodate for an owner user occupancy. The property also benefits from its location, within walking distance to the Superior Court of Van Nuys, Courthouse West. There are 15 designated parking spots, as well and plenty of on-street parking. Seller prefers to lease back the first floor for 3 to 5 years after the closing of escrow.
Location
Gallery
