BEST VALUE THREE-STORY OWNER-USER NEIGHBORHOOD OFFICE BUILDING OPPORTUNITY * Rare low-rise owner/user office building totaling 24,199 SF. * Best value within 10 mile radius for a free-standing office building that can immediately accommodate a ~9,000 SF user. * Allows owner-user to grow into additional space over time as leases expire. * Recently renovated common area upgrades totaling approximately $100,000. ROBUST NEIGHBORHOOD OFFICE MARKET FUNDAMENTALS * Within the North Hills/Northridge neighborhood submarket there are 116 office properties under 50k SF totaling 1.2m SF with a very low vacancy rate of 8.6% (Costar). * Historical vacancy within the subset has not exceeded 13.4% over the past decade (Costar). * Situated west of the 405 Freeway, the project is insulated from the denser urban feel east of the 405 Freeway, offering professional tenants a welcoming setting at a 15-20% discount to alternative Class A and medical office spaces. EXCELLENT NEIGHBORHOOD OFFICE LOCATION * The property offers premier frontage on Parthenia Street just off Balboa Boulevard, benefiting from high exposure to ~30,781 cars passing each day (Costar) and provides convenient access to the 405, 118 and 101 Freeways. * The project is around the corner from The Mix, a 40-acre creative campus home to Harman International, Amazon, and Regal Medical, which offers a variety of amenities including retail stores, restaurants, and a fitness center. * There are 86,706 households within a 3-mile radius with the average household income of $87,477.