5419 W. Sunset Blvd
100% Leased MOB with AAA Credit in the Heart of Hollywood, CA
Marketing description
► Situated on prominent Sunset Boulevard in Hollywood, the Property provides excellent public transportation access and strategic proximity to its patient base, all within a dynamic and thriving environment.
Investment highlights
Download OM here: https://bit.ly/5419sunsetCX
► 100% leased to the County of Los Angeles through October 2035. AAA Credit Tenancy – As of 2025, the S&P Global Ratings holds an AAA long-term rating for Los Angeles County, the firm’s highest possible credit rating.
► The Property boasts a 91 “Walk Score” and is located in the vibrant Hollywood neighborhood, with easy access to amenities and public transportation.
Recently renovated by current ownership, including enclosed ground floor courtyard and outdoor balcony for use by Tenant.
► Over $7.5 million in tenant improvements were invested in the Property, enhancing the space’s value and functionality (~30% paid by Landlord, ~60% paid by Tenant).
► Nearly $4.8mm of depreciation estimated to be available in year 1 with accelerated cost-segregation depreciation strategies.
► Occupied by LA County’s Department of Mental Health servicing “Metro LA.” (Area 4) residents, which encompasses 1,167,286 people between West Hollywood to Boyle Heights (West to East) and West Adams to Eagle Rock (South to North).
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