11333 Iowa Ave - Loft/Creative Space FOR SALE


Los Angeles, CA 90025
$8,700,000 USD
818-987-8708
11333 Iowa Ave, Los Angeles, CA for Sale
$8,700,000 USD
Loft/Creative Space - FOR SALE
1/12
null | 5.68% Cap Rate

11333 Iowa Ave
Los Angeles, CA 90025


HIGHLIGHTS

  • Highly improved creative office with exposed brick, metal, and skylights throughout!
  • Nestled in the lively Sawtelle neighborhood, renowned for its diverse dining options
  • Private Parking with EV Charging Station
  • Perfect for an Owner User or Investor!
  • Seller is open to a short term lease back at a 5.49% CAP RATE!
  • Ask about financing options including SBA

OVERVIEW

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 improved 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 short term Sale Lease back at an attractive 5.49% CAP RATE! Check out www.11333iowa.com to take a 3D tour of this incredible building!

FOR SALE DETAILS

PRICE

$8,700,000 USD

PRICE/SF

$845 USD /SF

CAP RATE

5.68%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Iowa Sawtelle Creative Office

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

C2

APN/PARCEL ID

4261-009-026,4261-009-027,4261-009-028

ASK ABOUT THIS PROPERTY

Eric MandellAlly Commercial Real EstateMore Info
818-987-8708

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Eric MandellAlly Commercial Real EstateMore Info
818-987-8708

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.