10345 W Olympic Blvd, Los Angeles, CA
Office for Sale - $35,000,000 - 47,160 Sq. Ft. on 0.78 acres


Property Info
CIMLS# | 963756 |
Location 10345 W Olympic Blvd Los Angeles CA 90064 | |
Updated | September 24th, 2017 |
Type | Office |
Price | $35,000,000 |
Building | 47,160 Sq. Ft. |
Land | 0.78 acres |
Property Description
Asking Price:
$35,000,000
Due Diligence :
up to 15 days
Closing Period:
up to 30 days
Deposit:
3% min.
Location Description:
WAY UNDER VALUED - Class "A" - high image office building in CENTURY CITY - prime West LA/Beverly Hills adjacent location. The site contains approximately 46,685 square feet building on approximately 33,902 square feet of land. Originally constructed in 1989 with extensive tenant improvement enhancements recently completed on the structure. The building has extensive capital improvements, is fully fire sprinklered, has two elevators and a state of the art security system with cameras,motion detectors and all access points are monitored 24/7. There are close to 150 parking spots.
Investment Highlights
Currently owner occupied.
Owner might consider a lease back at fair market rates.
Current market rates for lease range between $3.00 $3.75 PSF NNN
Tenant Responsible for the following: taxes, association fees, Non-Structural repairs, maintenance, damages and deductions, electrical, mechanical, and plumbing systems.
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