5805 Sepulveda BlvdLos Angeles, CA 91411

  • Office buildings
  • 87,665 SF
For Lease
$27/SF/YR View listing

Property Details for 5805 Sepulveda Blvd

Year built
1990
Construction
STEEL FRAME
Lot size
1.34 AC
Property size (Sq ft)
87,665 SF
Zone code
LAM1
Property type
Office buildings
APN
2243-001-009
APU
2243001009

Description

This exceptional 17,222 square foot medical office building in the desirable Sherman Oaks submarket of Los Angeles, California, presents a unique opportunity for lease. The entire building, totaling 17,222 square feet, is currently vacant and available for immediate occupancy. The property is zoned for medical use, making it ideal for a variety of healthcare practices. Suites range from a minimum of 2,511 square feet to a maximum contiguous space of 4,285 square feet, offering flexibility for various tenant needs. Multiple tenancy is possible, allowing for the potential to lease individual suites or the entire building. The building is located at 5805 Sepulveda Boulevard, Sherman Oaks, CA 91411, providing convenient access to major transportation routes and a thriving commercial district. Ample parking is available, with a ratio of 3 spaces per 1,000 square feet. This prime location in Los Angeles County offers a strong potential for attracting patients and establishing a successful medical practice. The property is ready for immediate customization to suit the specific requirements of the incoming tenant(s). This is a rare opportunity to secure a fully vacant, well-located medical office building in a highly sought-after area. Contact us today to learn more about this exceptional property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $28,760,700
    6.5%
    $26,548,300
    7%
    $24,652,000
  • Comparable approach

    Method
    Valuation
    Relative Method
    $16,670,400
    Geo Method
    $16,670,400
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $51,758,100
    Retail / Commercial
    $26,641,000
    Mixed-Use / Specialty
    $26,624,600
    Hospitality / Lodging
    $19,636,000
    Institutional / Educational
    $27,707,000
    Residential Income
    $32,417,200
    Multifamily
    $38,443,700
    Automotive / Energy
    $23,748,900
    Parking / Income-Based Land
    $8,117,790
    Restaurant / Food Service
    $14,015,400
    Healthcare / Senior Housing
    $27,222,500

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.1762
Longitude
-118.467
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$263,510
$4,200,183
$12,310,907
$16,511,090
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-
-
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FAQs

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