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331 N Larchmont Blvd 2,784 SF Office Building Los Angeles, CA 90004 $4,336,497 CAD ($1,557.65 CAD/SF)



Investment Highlights
- Rare owner-user opportunity to acquire and occupy a highly visible property in the heart of Larchmont Village.
- Coveted Larchmont Village address with a unique blend of historic charm, walkability, and urban convenience.
- Property is actually 2,784 SF, but Costar has it down as 2,264 SF, which is incorrect
- Rarely available ownership opportunity on one of Los Angeles' premier neighborhood commercial streets.
- Ideal for professionals, retailers, or service businesses seeking a premier Larchmont Village address.
Executive Summary
331 N Larchmont Boulevard presents a rare opportunity to acquire a boutique commercial property in the heart of one of Los Angeles’ most iconic and tightly held retail corridors. Located directly on prestigious Larchmont Boulevard, the property is currently occupied by the well-known Larchmont Sanctuary Spa and offers a compelling combination of existing income, owner-user functionality, and long-term redevelopment potential.
The property consists of approximately 2,784 square feet of improvements situated on a 6,250 square foot lot with valuable [Q]C2-1VL zoning and Tier 3 TOC incentives. Originally constructed in 1930 and thoughtfully remodeled in 1995, the building has been carefully configured as an experiential wellness environment featuring a reception area, central relaxation lounge, locker rooms, sauna, hot tub room, multiple massage and therapy suites, outdoor patio treatment areas, and auxiliary rear office, laundry, and storage space with alley access.
For owner-users, the property offers a highly unique opportunity to acquire a turnkey hospitality-style wellness, medical, creative office, or boutique retail environment in one of Los Angeles’ most desirable pedestrian-oriented neighborhoods. The existing layout, abundant natural character, and tranquil outdoor spaces create an atmosphere rarely found in urban commercial properties.
The property consists of approximately 2,784 square feet of improvements situated on a 6,250 square foot lot with valuable [Q]C2-1VL zoning and Tier 3 TOC incentives. Originally constructed in 1930 and thoughtfully remodeled in 1995, the building has been carefully configured as an experiential wellness environment featuring a reception area, central relaxation lounge, locker rooms, sauna, hot tub room, multiple massage and therapy suites, outdoor patio treatment areas, and auxiliary rear office, laundry, and storage space with alley access.
For owner-users, the property offers a highly unique opportunity to acquire a turnkey hospitality-style wellness, medical, creative office, or boutique retail environment in one of Los Angeles’ most desirable pedestrian-oriented neighborhoods. The existing layout, abundant natural character, and tranquil outdoor spaces create an atmosphere rarely found in urban commercial properties.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
2,784 SF
Building Class
C
Year Built/Renovated
1930/1995
Price
$4,336,497 CAD
Price Per SF
$1,557.65 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,784 SF
Building FAR
0.45
Lot Size
0.14 AC
Zoning
[Q]C2-1VL - General Commercial
Parking
7 Spaces (3.09 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
1 1
Very walkable
80/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5523-020-024 | Improvements Assessment | $211,798 CAD |
| Land Assessment | $1,658,348 CAD | Total Assessment | $1,870,146 CAD |
Property Taxes
Parcel Number
5523-020-024
Land Assessment
$1,658,348 CAD
Improvements Assessment
$211,798 CAD
Total Assessment
$1,870,146 CAD
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331 N Larchmont Blvd
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