TRUST SALE! Northridge Business Center — Sale in Los Angeles, CA

  • Price: $3.8M
  • Listing type: For sale
  • Asset type: Office
  • Location: Los Angeles, CA 91324
  • Size: 20,463 SF
  • Year built: 1982

Investment Figures

Price per square foot
$185

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

8619 Reseda Blvd presents a compelling opportunity to acquire a ±20,500 square foot, three-story office building ideally positioned along a major commercial thoroughfare in the heart of Northridge.Offered as a trust sale, the property provides a unique acquisition advantage for both investors and owner-users seeking scale, visibility, and long-term upside. The building is well-suited for an owner-user, with the flexibility to occupy a significant portion while benefiting from existing tenancy. With 46 on-site parking spaces (subterranean and on-grade) plus abundant street parking, the property offers a rare level of convenience for tenants, patients, and visitors. Strategically located just south of the signalized intersection of Reseda Blvd and Parthenia St, the property enjoys approximately 75 feet of frontage and exposure to over 35,000 cars per day. It sits within the highly active Northridge medical and retail corridor, less than one mile from Dignity Health NorthridgeHospital Medical Center and Cal State Northridge, driving consistent daytime traffic and demand. Surrounded by major retail destinations includingNorthridge FashionCenter and nearby shopping centers, and with quick access to the 101, 118, and 405 freeways, the property benefits from strong regional connectivity and dense surrounding demographics. With over 200,000 residents within a three-mile radius, this is a prime value-add opportunity to reposition or modernize a well-located asset in a proven, high-demand submarket. Building SF: 20463 | Land Size: 16080.0 SF | Year Built: 1982 | Listing Type: FOR SALE

Market Context

This office in Los Angeles, CA is listed for sale at $3,795,000 across 20,463 SF. The building dates to 1982. It has been on the market for 37 days. Compare it against other office listings for sale in Los Angeles, CA — view the full market.

As of Q1 2026, the Greater Los Angeles office market showed a 14.7% vacancy rate, average asking rents near $35.40/SF/yr, rents up 0.7% year over year, and cap rates around 5.8%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Office market FAQ

What is the typical cap rate for office in Greater Los Angeles?
About 5.8% as of Q1 2026, per multiple brokerage reports.
Is the Greater Los Angeles office market tightening or softening?
Vacancy is around 14.7%, with asking rents rising year over year (Q1 2026).

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