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4418 VINELAND AVE Los Angeles, CA 91602
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Key Details
Sold Price $6,900,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 25,335 sqft
Price per Sqft $272
MLS Listing ID 15-849281
Sold Date 10/12/26
Year Built 1947
Lot Size 0.480 Acres
Acres 0.48
Property Sub-Type Office
Property Description
Medical office building at 5.85% CAP and 9.2% return with a 17.8% return on Market rents. Prime Toluca Lake/North Hollywood Location. 100% Occupied. Stable Tenants, some over 30+ years, majority over 10 + years. Medical office buildings are recession proof and easy to manage. Owner has a TTM for commercial condo conversion approval. Great future development potential up to 69 units or more.
Location
State CA
County Los Angeles
Area Toluca Lake
Others
Special Listing Condition Standard
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