Well-leased office building providing durable inplace income with 32 tenants across professional, medical, legal, and service-oriented uses. Strong day-one cash flow complemented by 6,438 SF of near-term leasing opportunity and significant mark-to-market upside as in-place rents roll to higher market rates.

In-place rents sit well below competing properties in the submarket. Near-term lease rollover across a short weighted average remaining lease term of approximately 1.5 years provides the opportunity to materially increase rental income as leases are renewed or re-tenanted at market rates.

One block from the Metro G Line (Orange Line) Sepulveda Station and immediate access to the I-405 and US-101 freeways, providing connectivity across the San Fernando Valley and greater Los Angeles. The central SFV location serves a population base of over 4.25 million residents.

Directly adjacent to Sherman Oaks, one of the most desirable office submarkets in the San Fernando Valley. The property offers tenants a high-quality alternative at a meaningful discount to comparable Sherman Oaks assets, where office rents command a 41% premium, supporting long-term occupancy and demand.

Average suite size of approximately 1,900 SF caters to the most active segment of tenant demand in the submarket, resulting in faster lease-up, lower tenant improvement costs, and stronger below-the-line cash flow.

Transit proximity qualifies the property under AB 2097 to accommodate medical and other specialty uses that would ordinarily require higher parking ratios, expanding the potential tenant pool and enhancing long-term leasing flexibility.