Details
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 equipped 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 delivers a stabilized 5.49% 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 open to a lease back at an attractive 5.49% CAP RATE
Check out the 3D Virtual tour below!
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$9,000,000
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10,301 Sq/ft
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Lot 8711 Acres
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8 Parking Spots
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Built in 1961
Property Photos
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3D Tour
Contact
Feel free to contact us for more details!
Eric Mandell
Ally Commercial Real Estate