Arleta Post Office Complex | 9454 Arleta Ave
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Arleta Post Office Complex 9454 Arleta Ave
2,960 SF 100% Leased Office Building Arleta, CA 91331 £841,134 (£284/SF) 5.08% Net Initial Yield
Executive Summary
Indulge in the once in a lifetime opportunity to own a piece of Arleta history! This building has consistently housed the community's only post office since 1956! Anchor tenant. Solid investment.
4.5 years left on current lease with the United States Postal Service with options to renew.
Building includes additional storefront which is currently rented to a private tax preparation business. First time on the market in 15 years. Call for additional information.
Monthly rent for Postal Service is $4,583 and for the tax preparation office is $950.
Transaction subject to seller's 1031 exchange. Please do not disturb tenants.
4.5 years left on current lease with the United States Postal Service with options to renew.
Building includes additional storefront which is currently rented to a private tax preparation business. First time on the market in 15 years. Call for additional information.
Monthly rent for Postal Service is $4,583 and for the tax preparation office is $950.
Transaction subject to seller's 1031 exchange. Please do not disturb tenants.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£51,955
|
£17.55
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£51,955
|
£17.55
|
| Taxes |
£9,252
|
£3.13
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
£9,252
|
£3.13
|
| Net Operating Income |
£42,702
|
£14.43
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | £51,955 |
| Annual Per SF | £17.55 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £51,955 |
| Annual Per SF | £17.55 |
| Taxes | |
|---|---|
| Annual | £9,252 |
| Annual Per SF | £3.13 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | £9,252 |
| Annual Per SF | £3.13 |
| Net Operating Income | |
|---|---|
| Annual | £42,702 |
| Annual Per SF | £14.43 |
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Building Size
2,960 SF
Building Class
C
Year Built/Renovated
1955/2013
Price
£841,134
Price Per SF
£284
Net Initial Yield
5.08%
NOI
£42,730
Percent Leased
100%
Number of Floors
1
Typical Floor Size
2,960 SF
Building FAR
0.62
Lot Size
0.11 AC
Zoning
LAC2
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Tax Preparation Office
- Administrative and Support Services
- 300 SF
- £2.48
- Modified Gross
- -
- United States Postal Service
- Administrative and Support Services
- 2,660 SF
- £2.00
- -
- Aug 2028
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Tax Preparation Office | Administrative and Support Services | 300 SF | £2.48 | Modified Gross | - | |
| United States Postal Service | Administrative and Support Services | 2,660 SF | £2.00 | - | Aug 2028 |
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PROPERTY TAXES
| Parcel Number | 2625-001-018 | Total Assessment | £449,694 (2024) |
| Land Assessment | £350,855 (2024) | Annual Taxes | £9,252 (£3.13/sf) |
| Improvements Assessment | £98,839 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
2625-001-018
Land Assessment
£350,855 (2024)
Improvements Assessment
£98,839 (2024)
Total Assessment
£449,694 (2024)
Annual Taxes
£9,252 (£3.13/sf)
Tax Year
2023
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Brightstone Estate Properties
Arleta Post Office Complex | 9454 Arleta Ave
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