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Topanga Professional Bldg 5348 Topanga Canyon Blvd 17,032 SF 47% Leased Office Building Woodland Hills, CA 91364 $8,848,000 CAD ($519.49 CAD/SF)
INVESTMENT HIGHLIGHTS
- Rare Owner/User with income opportunity to purchase a 17,032 square foot boutique office building in Woodland Hills.
- 47% Occupied to 5 tenants (4 medical and 1 retail) with many at below market rents.
- Minutes to Warner Center with excellent 101 (Hollywood) Freeway access.
- Up to 8,966 sq. ft. potentially available (of which, up to 4,691 sq. ft. is contiguous) at COE, please call Broker for details.
- Features an interior atrium, controlled access to building, up to 62 parking spaces in building’s subterranean parking and surface lot.
EXECUTIVE SUMMARY
Lincoln Property Company, as exclusive broker, is pleased to offer the opportunity to acquire 5348 Topanga Canyon Boulevard, a 17,032± sq. ft. neighborhood office/medical building in the dynamic neighborhood of Woodland Hills which is in the southwestern area of the San Fernando Valley region of Los Angeles in Southern California. Paramount to the Property’s desirability is its compelling location adjacent to Warner Center, the dynamic master-planned office and retail hub.
Built in 1989, 5348 Topanga Canyon consists of a two-story office/medical building with a rear parking lot and a subterranean parking garage. The Property consists of approximately 17,032 rentable square on approximately 17,772 square feet of land. In its current space allocation, approximately 15% of the Property (or 2,558 rentable square feet on the Ground Floor) is used for retail. The remaining 85% of the Property on the Ground Floor and 2nd floor (14,471 rentable square feet) is used for medical and office uses. Unlike many buildings in the area, the Property has its own parking for its tenants with 62 parking spaces in its rear and subterranean parking lots. This above average parking enables the Property to accommodate medical uses in certain suites subject to City requirements.
As an Owner/User Opportunity with income, the building offers up to 8,966 sq. ft. potentially available (of which, up to 4,691 sq. ft. is contiguous) at COE, please call Broker for details. Currently, the building is 47% Occupied to 5 tenants (4 medical and 1 retail). The projected NOI is $357,931 at 100% occupancy.
The marketing package, rent roll and floorplans are available upon request.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Dr. Mark L. Somberg, D.C.
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Dr. Somberg has been in practice for over 35 years. He is a graduate of the Cleveland Chiropractic College in Los Angeles, CA. He is a member in good standing of the California Chiropractic Association and the San Fernando Valley Chiropractic Association. Our office has X-Ray capability and we also offer massage therapy as an adjunct to chiropractic manipulation. Dr. Somberg's patients love him for his gentle touch and his caring, thorough and knowledgeable treatment. Dr. Somberg takes a non-aggressive, healthy approach to treating his patients. Chiropractic care offers relief for many ailments besides back pain.
- Dr. Robert Zelinsky, DC
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
- Healing Compass Natural Health Center
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
-
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Woodland Hills Smiles
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Dr. Mark L. Somberg, D.C. | Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Dr. Robert Zelinsky, DC | Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | - | |
| Healing Compass Natural Health Center | Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
|
|
Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Woodland Hills Smiles | Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Suite 105 has six (6) Private offices and reception area; Space available May 1, 2026 (Call Broker if space is needed earlier). Previously used as a chiropractor office. CoStar Teaser rate of $1.50 per sq. ft. per month on a Modified Gross basis for first 9 months and market rent thereafter for qualified tenants and a minimum 5 year term (subject to change); shorter term available at market rent. Tenant is responsible for its utilities and janitorial. Medical Uses may be subject to higher rent.
Available Immediately. Previously used as an Animal Hospital. CoStar Teaser rate of $2.50 per sq. ft. per month on a NNN basis for first 9 months and market rent thereafter for qualified tenants and a minimum 5 year term (subject to change). NNN are $.83/sf/mo. Current layout is three (3) exam rooms; sound-proofed kennel; x-ray room; utility room; office/conference room; reception area; and open area (or waiting room). Perfect for another animal hospital or other medical use.
Suite 202 has two (2) private offices and reception area and previously a family counseling office; Available now; CoStar Teaser rate of $1.50 per sq. ft. per month on a Modified Gross basis for first 9 months and market rent thereafter for qualified tenants and a minimum 5 year term (subject to change); shorter term available at market rent. Tenant is responsible for its utilities and janitorial. Medical Uses may be subject to higher rent.
Suite 203 has five (5) private offices; reception area; large open area (or waiting room); Available now CoStar Teaser rate of $1.50 per sq. ft. per month on a Modified Gross basis for first 9 months and market rent thereafter for qualified tenants and a minimum 5 year term; shorter term available at market rent. Tenant is responsible for its utilities and janitorial. Medical Uses may be subject to higher rent.
Suite 204 is currently built out for a medical office. Available now; CoStar Teaser rate of $1.50 per sq. ft. per month on a Modified Gross basis for first 9 months and market rent thereafter for qualified tenants and a minimum 5 year term (subject to change); shorter term available at market rent. Tenant is responsible for its utilities and janitorial. Medical Uses may be subject to higher rent. Call Broker to discuss potential delivery of up to 3,732 sq. ft. with contiguous suites. Call Broker for touring instructions.
Suite 206 is currently built out for a dental office. Available now; CoStar Teaser rate of $1.50 per sq. ft. per month on a Modified Gross basis for first 9 months and market rent thereafter for qualified tenants and a minimum 5 year term (subject to change); shorter term available at market rent. Tenant is responsible for its utilities and janitorial. Medical Uses may be subject to higher rent. Call Broker to discuss potential delivery of up to 3,732 sq. ft. with contiguous suites. Call Broker for touring instructions.
Suite 207 (1,729 sq. ft.) has five (5) private offices and available now; conference room (or office); break area with sink & w/d hookups; and large open area; Available now; CoStar Teaser rate of $1.50 per sq. ft. per month on a Modified Gross basis for first 9 months and market rent thereafter for qualified tenants and a minimum 5 year term (subject to change); shorter term available at market rent. Tenant is responsible for its utilities and janitorial. Medical Uses may be subject to higher rent. Call Broker for availability of the 4,691 sq. ft. which may be available in 60-180 days
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste #105 | 1,245 SF | Office/Medical | Full Build-Out | May 2026 |
| 1st Fl-Ste #108 | 1,947 SF | Office/Medical | Full Build-Out | Now |
| 2nd Fl-Ste #202 | 673 SF | Office/Medical | Full Build-Out | Now |
| 2nd Fl-Ste #203 | 1,298 SF | Office/Medical | Full Build-Out | Now |
| 2nd Fl-Ste #204 | 1,126 SF | Office/Medical | Full Build-Out | Now |
| 2nd Fl-Ste #206 | 1,621 SF | Office/Medical | Full Build-Out | Now |
| 2nd Fl-Ste #207 | 1,729 SF | Office/Medical | Full Build-Out | Now |
1st Fl-Ste #105
| Size |
| 1,245 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| May 2026 |
1st Fl-Ste #108
| Size |
| 1,947 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste #202
| Size |
| 673 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste #203
| Size |
| 1,298 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste #204
| Size |
| 1,126 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste #206
| Size |
| 1,621 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste #207
| Size |
| 1,729 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste #105
| Size | 1,245 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | May 2026 |
Suite 105 has six (6) Private offices and reception area; Space available May 1, 2026 (Call Broker if space is needed earlier). Previously used as a chiropractor office. CoStar Teaser rate of $1.50 per sq. ft. per month on a Modified Gross basis for first 9 months and market rent thereafter for qualified tenants and a minimum 5 year term (subject to change); shorter term available at market rent. Tenant is responsible for its utilities and janitorial. Medical Uses may be subject to higher rent.
1st Fl-Ste #108
| Size | 1,947 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
Available Immediately. Previously used as an Animal Hospital. CoStar Teaser rate of $2.50 per sq. ft. per month on a NNN basis for first 9 months and market rent thereafter for qualified tenants and a minimum 5 year term (subject to change). NNN are $.83/sf/mo. Current layout is three (3) exam rooms; sound-proofed kennel; x-ray room; utility room; office/conference room; reception area; and open area (or waiting room). Perfect for another animal hospital or other medical use.
2nd Fl-Ste #202
| Size | 673 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
Suite 202 has two (2) private offices and reception area and previously a family counseling office; Available now; CoStar Teaser rate of $1.50 per sq. ft. per month on a Modified Gross basis for first 9 months and market rent thereafter for qualified tenants and a minimum 5 year term (subject to change); shorter term available at market rent. Tenant is responsible for its utilities and janitorial. Medical Uses may be subject to higher rent.
2nd Fl-Ste #203
| Size | 1,298 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
Suite 203 has five (5) private offices; reception area; large open area (or waiting room); Available now CoStar Teaser rate of $1.50 per sq. ft. per month on a Modified Gross basis for first 9 months and market rent thereafter for qualified tenants and a minimum 5 year term; shorter term available at market rent. Tenant is responsible for its utilities and janitorial. Medical Uses may be subject to higher rent.
2nd Fl-Ste #204
| Size | 1,126 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
Suite 204 is currently built out for a medical office. Available now; CoStar Teaser rate of $1.50 per sq. ft. per month on a Modified Gross basis for first 9 months and market rent thereafter for qualified tenants and a minimum 5 year term (subject to change); shorter term available at market rent. Tenant is responsible for its utilities and janitorial. Medical Uses may be subject to higher rent. Call Broker to discuss potential delivery of up to 3,732 sq. ft. with contiguous suites. Call Broker for touring instructions.
2nd Fl-Ste #206
| Size | 1,621 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
Suite 206 is currently built out for a dental office. Available now; CoStar Teaser rate of $1.50 per sq. ft. per month on a Modified Gross basis for first 9 months and market rent thereafter for qualified tenants and a minimum 5 year term (subject to change); shorter term available at market rent. Tenant is responsible for its utilities and janitorial. Medical Uses may be subject to higher rent. Call Broker to discuss potential delivery of up to 3,732 sq. ft. with contiguous suites. Call Broker for touring instructions.
2nd Fl-Ste #207
| Size | 1,729 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
Suite 207 (1,729 sq. ft.) has five (5) private offices and available now; conference room (or office); break area with sink & w/d hookups; and large open area; Available now; CoStar Teaser rate of $1.50 per sq. ft. per month on a Modified Gross basis for first 9 months and market rent thereafter for qualified tenants and a minimum 5 year term (subject to change); shorter term available at market rent. Tenant is responsible for its utilities and janitorial. Medical Uses may be subject to higher rent. Call Broker for availability of the 4,691 sq. ft. which may be available in 60-180 days
PROPERTY TAXES
| Parcel Number | 2169-003-051 | Total Assessment | $7,518,903 CAD |
| Land Assessment | $3,586,422 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $3,932,481 CAD | Tax Year | 2025 |
PROPERTY TAXES
Presented by
Topanga Professional Bldg | 5348 Topanga Canyon Blvd
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