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3635-3637 Cahuenga Blvd W 10,950 SF Retail Building Los Angeles, CA 90068 $6,470,450 CAD ($590.91 CAD/SF) 7.70% Cap Rate
Investment Highlights
- Freestanding, Single Tenant Triple Net Investment
Executive Summary
**PLEASE DO NOT DISTURB TENANT**
High-Quality, Veterinary Clinic:
A single-tenant, net-leased investment opportunity. California Animal Rescue Emergency Services is the tenant.
Superb Access:
Located in Studio City. The property has a central location, adjacent to the 101 Freeway. On-site and secured parking lot.
Lease with Increases for Renewal Term:
Five years remaining on a ten-year lease term. The Lease expires in June 2030. The building is 100% leased with one (1) additional 5-year extension option, with a 3% rent increase.
Newly Refurbished :
The property underwent a renovation in 2020 for the specific build-out of the veterinary hospital.
**PLEASE DO NOT DISTURB TENANT**
High-Quality, Veterinary Clinic:
A single-tenant, net-leased investment opportunity. California Animal Rescue Emergency Services is the tenant.
Superb Access:
Located in Studio City. The property has a central location, adjacent to the 101 Freeway. On-site and secured parking lot.
Lease with Increases for Renewal Term:
Five years remaining on a ten-year lease term. The Lease expires in June 2030. The building is 100% leased with one (1) additional 5-year extension option, with a 3% rent increase.
Newly Refurbished :
The property underwent a renovation in 2020 for the specific build-out of the veterinary hospital.
**PLEASE DO NOT DISTURB TENANT**
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
10,950 SF
Building Class
C
Year Built
1955
Price
$6,470,450 CAD
Price Per SF
$590.91 CAD
Cap Rate
7.70%
NOI
$498,347 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.57
Lot Size
0.44 AC
Zoning
C2-IVL - General Commercial
Parking
16 Spaces (1.46 Spaces per 1,000 SF Leased)
Amenities
- Fenced Lot
- Signage
- Tenant Controlled HVAC
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $600,266 CAD (2025) | |
| Land Assessment | $3,501,626 CAD (2025) | Total Assessment | $4,101,891 CAD (2025) |
Property Taxes
Parcel Numbers
Land Assessment
$3,501,626 CAD (2025)
Improvements Assessment
$600,266 CAD (2025)
Total Assessment
$4,101,891 CAD (2025)
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Presented by
RealHealth Advisors
3635-3637 Cahuenga Blvd W
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