Why I Like this Office Building and Location
confirmed, closed Aug 6 2026
initial ask
13.2% below ask
gross building SF
3 stories, wood frame
0.03 acres, FAR 2.31

Holloway Drive sits in the eastern pocket of West Hollywood, a block or two south of the Sunset Strip corridor and within walking distance of the dense retail and restaurant stretch on Santa Monica Boulevard. The location is fantastic for the right owner user or to rent to a Law Firm.
Built in 1946. Gross building area of 3,196 SF on a 1,385 SF lot.
No cap rate. No GRM. No stated NOI. No T-12. No rent roll.
A CoStar market rent figure of $53.61/SF for the Building.
| Metric | CoStar Subject | CoStar Market | CoStar Submarket |
|---|---|---|---|
| Market Rent / SF | $53.61 | $42.15 | $59.07 |
| Vacancy Rate | 0% | 16.6% | 13.6% |
| Implied Gross Annual (3,196 SF) | ~$171,338 | ~$134,751 | ~$188,788 |
I think the owner can get a 6 Cap on a rental after TI and commissions.
I’m just tracking this sale so I have the data to look back on. No big takeaway here—just another interesting office trade for the database.
I research these transactions to sharpen my own investment strategy and share what I find so Los Angeles owners, brokers and investors can debate the market with better information.
Know one other LA owner who'd want this deal? Forward this — reply with their email and I'll add them.
Property and transaction data: CoStar Research.
Write to David Safai at David@AtlasBrief.La
Appeared in the Sept. 6, 2026 edition of The Tape.