Office

2140 Cotner

2140 Cotner Ave, Los Angeles, CA, 90025-5714, US

2140 Cotner_Property for Sale

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2140 Cotner 2_Property for Sale

Asset description

JLL, as exclusive advisor, is pleased to offer to qualified investors an opportunity to acquire the 100% fee simple interest in 2140 Cotner and/or the Olympic + Cotner Development Site (the “Property”), an owner-user opportunity at an irreplaceable location in West Los Angeles.


2140 Cotner presents an incredible opportunity for an investor to own and occupy in in West LA. The Olympic and Cotner Development Site provides investors excellent optionality to maintain the property “as-is” as an investment property, utilize the site for additional parking for 2140 Cotner, or to develop the site. An investor has the optionality to purchase both sites together or individually, depending on their investment interests.

Attributes

Building area gross
15,923 sf
Year built
1990

Investment highlights

  • 15,923 SF owner-user investment opportunity.
  • Adjacent development site can be included with $156,000 in annual NNN income.
  • 1/2 mile walk to the Sepulveda / Exposition Metro Station
  • Long term telecom lease with T-Mobile currently providing $41,700 annually with 4% bumps.
  • Attractive SBA financing for owner-user investors.
  • Ample Subterranean parking.
  • The adjacent Olympic & Cotner lot provides optionality if both parcels are purchased as an income property, parking lot or development site.
  • Above-ground and ground-level private outdoor spaces.
  • Transit oriented location.
  • Irreplaceable visibility along the 405 Freeway.

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Last updated
Nov 30, 2022