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33492553
33492555

11333 Iowa Avenue, Los Angeles, CA 90025

LH
CA CA DRE#:01962142
Ally Commercial Real Estate
EM
CA CA DRE #01904203
Ally Commercial Real Estate
JA
CA 02143025
Ally Commercial Real Estate
Listed by Ally Commercial Real Estate
$5,500,000
0 days on market
Updated 0 days ago

11333 Iowa Avenue

Details
APN 4261-009-026, 4261-009-027
Property Type Office
Sub Type Creative Office
Square Footage 8,125
Units 10
Cap Rate 7.00%
NOI $390,000
Tenancy Single
Lease Type NNN
Lease Term 1.5
Price per SqFt $676
Class B
Year Built 1960
Year Renovated 2021
Lot Size (SqFt) 7,840
Zoning C2-1
Parking Spaces 8 spaces
Parking Per SqFt 0.98
Investment Type Sale/Leaseback

Office | 7.00% CAP | 8,125 SqFt

Marketing description

11333 Iowa Avenue is ideally positioned to capitalize on West Los Angeles' continued evolution as Southern California's premier creative office and innovation corridor. Situated in the heart of Sawtelle—known as "Little Osaka"—the property sits at the intersection of three of the Westside's defining demand drivers: the tech and entertainment employment base radiating from Silicon Beach, the institutional anchor of UCLA, and the dense, high-income residential pockets of Brentwood, Santa Monica, and Westwood. Direct access to both the 405 and 10 freeways further reinforces the location's connectivity to Greater Los Angeles.

Sawtelle's transformation over the past decade has been remarkable. Once a quiet enclave, the area has emerged as one of West LA's most sought-after submarkets, with tech startups, design firms, and creative agencies establishing a presence alongside the neighborhood's renowned culinary and retail scene.

A distinguishing feature of this offering is the seller's willingness to execute a sale-leaseback at market rental rates, providing immediate, in-place cash flow from day one. Iowa also includes private tandem parking with 1 EV charger. For investors, this structure delivers stabilized income with zero lease-up risk; for owner-users, it preserves optionality to either retain the existing tenancy or take occupancy upon natural lease expiration. Coupled with the property's pricing dislocation relative to comparable sales and the continued strength of the Sawtelle creative office market, 11333 Iowa Avenue is well-positioned to deliver both immediate income certainty and long-term appreciation.

Investment highlights

  • Prime Real Estate
  • Fully Built Out Suites
  • Heavy Foot Traffic on Sawtelle BLVD
  • Possible to deliver Vacant or with Sale Lease Back
  • Private Parking

Listing Contacts

LH
CA CA DRE#:01962142
Ally Commercial Real Estate
EM
CA CA DRE #01904203
Ally Commercial Real Estate
JA
CA 02143025
Ally Commercial Real Estate
Listed by Ally Commercial Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$390,000.00
$32,500.00/mo

Valuation Metrics

0
DSCR
7.09%
Cap Rate
7.09%
ROI

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Additional Information

Name
Luc Hawkshaw
License
CA DRE#:01962142
Brokerage Phone
424-317-0308
Brokerage Address
3301 Barham Boulevard
Name
Eric Mandell
License
CA DRE #01904203
Name
Jeffrey Ahn
License
02143025
Brokerage
Ally Commercial Real Estate
Brokerage Phone
5624052720
Title
Real Estate Sales Person
Brokerage Address
3301 Barham Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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