18709 Topham StLos Angeles, CA 91335

Property Details for 18709 Topham St

Year built

2006

Construction

WOOD

Lot size

0.21 AC

Property size (Sq ft)

3,960 SF

Zone code

LACM

Property type

Office properties

Property subtype

Office buildings

APN

2127-017-019

APU

2127017019

Description

This exceptional two-story, 4,591 square foot creative office building in Tarzana, CA, presents a unique owner-user opportunity with leaseback potential. Built in 2006, the Class B property features a flexible layout suitable for multiple configurations, abundant natural light, and a secure gated parking lot with 14 spaces. Situated on a 9,336 square foot lot, the building is currently 100% occupied with a lease expiring March 1, 2025. The second floor will be vacant upon sale, offering immediate occupancy for the buyer. A short-term leaseback of the ground floor is available, ensuring a smooth transition. Located in a highly desirable area of the West San Fernando Valley, the property boasts convenient access to the 101 and 405 freeways, and is minutes from Warner Center. The area offers a walk score of 76, proximity to Westfield Topanga, and easy access to public transportation. This prime location, combined with a strong local economy and affluent demographics (average household income of $117,201 within a 5-mile radius), makes this an outstanding investment prospect. The property is zoned [Q]CM-1-K-RIO. The asking price is $2,750,000. This sale is a sale for leaseback, suitable for investment or owner-user purposes. The property consists of one building with two units.

• CAP approach

  CAP return

  Valuation

  6%

  $1,146,333

  6.5%

  $1,058,153

  7%

  $982,571

• Comparable approach

  Method

  Valuation

  Relative Method

  $753,034

  Geo Method

  $753,034

• Alternative Use

  Use

  Valuation

  Residential

  $1,312,110

  Hospitality

  $1,201,886

  Educational

  $999,955

  Medical

  $1,034,345

  Retail

  $1,555,486

Location Insight

City

Tarzana

County

Los Angeles

State

California

Latitude

34.1808

Longitude

-118.541

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].