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5419 W Sunset Blvd 5419 W Sunset Blvd 41,040 SF 100% Leased Office Building Los Angeles, CA 90027 For Sale
Investment Highlights
- Click link to download Offering Memorandum: https://bit.ly/5419sunsetLN
- The Property boasts a 91 “Walk Score” and is located in the vibrant Hollywood neighborhood
- 100% leased to the County of Los Angeles through October 2035
Executive Summary
* 100% leased to the County of Los Angeles through October 2035. AAA Credit Tenancy – As of 2025, the S&P Global Ratings holds an AAA long-term rating for Los Angeles County, the firm’s highest possible credit rating.
* The Property boasts a 91 “Walk Score” and is located in the vibrant Hollywood neighborhood, with easy access to amenities and public transportation.
Recently renovated by current ownership, including enclosed ground floor courtyard and outdoor balcony for use by Tenant.
* Over $7.5 million in tenant improvements were invested in the Property, enhancing the space’s value and functionality (~30% paid by Landlord, ~60% paid by Tenant).
* Nearly $4.8mm of depreciation estimated to be available in year 1 with accelerated cost-segregation depreciation strategies.
* Occupied by LA County’s Department of Mental Health servicing “Metro LA.” (Area 4) residents, which encompasses 1,167,286 people between West Hollywood to Boyle Heights (West to East) and West Adams to Eagle Rock (South to North).
* The Property boasts a 91 “Walk Score” and is located in the vibrant Hollywood neighborhood, with easy access to amenities and public transportation.
Recently renovated by current ownership, including enclosed ground floor courtyard and outdoor balcony for use by Tenant.
* Over $7.5 million in tenant improvements were invested in the Property, enhancing the space’s value and functionality (~30% paid by Landlord, ~60% paid by Tenant).
* Nearly $4.8mm of depreciation estimated to be available in year 1 with accelerated cost-segregation depreciation strategies.
* Occupied by LA County’s Department of Mental Health servicing “Metro LA.” (Area 4) residents, which encompasses 1,167,286 people between West Hollywood to Boyle Heights (West to East) and West Adams to Eagle Rock (South to North).
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
41,040 SF
Building Class
B
Year Built/Renovated
1970/2023
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
41,040 SF
Building FAR
1.31
Lot Size
0.72 AC
Opportunity Zone
Yes
Parking
70 Spaces (1.71 Spaces per 1,000 SF Leased)
Amenities
- Courtyard
- Signage
- Roof Terrace
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- LA County Department of Mental Health
- Health Care and Social Assistance
- -
- -
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| LA County Department of Mental Health | Health Care and Social Assistance | - | - | Jan 0000 |
1 1
Very walkable
80/100
Exceptionally drivable
100/100
Strong public transit
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5544-022-053 | Improvements Assessment | $5,131,595 CAD |
| Land Assessment | $14,917,429 CAD | Total Assessment | $20,049,025 CAD |
Property Taxes
Parcel Number
5544-022-053
Land Assessment
$14,917,429 CAD
Improvements Assessment
$5,131,595 CAD
Total Assessment
$20,049,025 CAD
Contacts
-
Sean Sullivan -
Michael Longo -
Melissa Moock -
Mark Shaffer -
Anthony DeLorenzo -
Greg Grant -
Robert Waller -
CBRE
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