6727 Odessa AveLos Angeles, CA 91406

Property Details for 6727 Odessa Ave

Year built

1972

Construction

TILT-UP CONCRETE

Lot size

0.69 AC

Property size (Sq ft)

17,000 SF

Zone code

LAP

Property type

Office properties

Property subtype

Office buildings

APN

2231-006-013

APU

2231006013

Description

This fully renovated 800-square-foot medical office building in Los Angeles, CA (zip code 91406), is available for immediate occupancy. Located at 6727 Odessa Avenue, this single-tenant property boasts a desirable Van Nuys/Sherman Oaks location with excellent street visibility and signage opportunities. The building features three combinable second-floor suites, allowing for flexible and configurable office layouts to suit various medical practices. Amenities include a shared break room, recently renovated restrooms, and ample gated and secured parking, supplemented by abundant street parking. The property is ideally suited for general and medical office users. Its convenient location offers easy access to major freeways (405, 101, and 118), Van Nuys Airport, Balboa Park and golf course, Van Nuys and Sherman Oaks Parks, Sherman Oaks Hospital, and a variety of local dining and public transportation options. This is a fantastic opportunity to establish or expand your medical practice in a highly accessible and well-amenitized area.

• CAP approach

  CAP return

  Valuation

  6%

  $4,921,126

  6.5%

  $4,542,578

  7%

  $4,218,108

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,232,720

  Geo Method

  $3,232,720

• Alternative Use

  Use

  Valuation

  Residential

  $5,632,796

  Hospitality

  $5,159,612

  Educational

  $4,292,736

  Medical

  $4,440,370

  Retail

  $6,677,590

Location Insight

City

Van Nuys

County

Los Angeles

State

California

Latitude

34.1926

Longitude

-118.491

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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