Two commercial suites. Four on-site parking spaces. Offered for sale or lease.
2212–2214 Artemis Place is a two-story, 1,920-square-foot commercial building located one parcel south of Olympic Boulevard and 0.4 miles from the Expo/Bundy Metro station.
The building contains two independently accessed suites of 960 square feet each. Each suite has its own entrance, electrical meter, HVAC system and private bathroom. Four striped parking spaces are located directly in front of the building.
The property will be delivered vacant and is available for immediate owner occupancy or lease-up. An owner can occupy both floors, operate from one suite and lease the other, or lease both suites as a two-tenant investment. Ownership provides direct control over the property, operating decisions and future improvements without having to answer to another landlord or third-party property manager.
Built in 1988 as a single masonry structure, the property has been refreshed with new paint, upgraded flooring and improved bathrooms. Additional features include central HVAC on the upper level, a wall-mounted mini-split system on the lower level, secured bathroom plumbing and a flat composition roof re-covered within the past decade. Artemis Place is a short street immediately south of Olympic Boulevard, providing access to the surrounding Westside business district without direct frontage on a heavily traveled arterial.
The gallery includes a current exterior photograph of the building and conceptual interior renderings showing potential configurations for the two suites. The interior images are AI-generated and are provided solely to illustrate possible layouts, finishes and uses. They do not depict the property's current condition and do not represent a promised delivery condition, furniture package or scope of improvements.
The property's two-suite configuration allows the building to accommodate several occupancy strategies. An owner-user can occupy the entire property, operate from one suite while leasing the other, or hold the second suite for future expansion. An investor can lease the suites separately as a two-tenant property. Both suites are vacant and available for immediate occupancy.
The ground-floor suite includes an open working area, a private office and a private bathroom. The suite has direct access from the parking area.
The upper suite provides an efficient professional-office layout with an open work area, two private offices and a private restroom.
The owner will consider serious offers and a range of appropriately structured acquisition proposals. Potential structures include cash, conventional commercial financing, qualifying SBA owner-user financing, 1031 exchange proceeds and seller financing.
Do not miss the opportunity to control your own West Los Angeles property.
The primary opportunity is for an established operator that wants its own West Los Angeles location and greater control over its occupancy costs. A qualifying owner-user may occupy one suite, lease the other and evaluate whether the rental income can offset a portion of the building's operating and financing costs. An owner requiring more space can occupy both floors immediately or retain one suite for future expansion. For an investor, the property presents a compact two-tenant lease-up opportunity with four on-site parking spaces and only two suites to manage.
Occupy both suites for current operations and future growth.
Alternatively, occupy one suite and lease the other to generate income that may offset a portion of the property's carrying costs.
Lease the two suites independently and operate the property as a compact two-tenant commercial asset.
The building's size, fee-simple ownership and two-suite configuration suit an exchanger seeking a compact West Los Angeles replacement property.
The appropriate financing structure will depend on the buyer's intended occupancy, financial qualifications, available equity and investment strategy.
Conventional commercial real estate loans may be available to owner-users and investors. Equity requirements commonly fall within the 20% to 25% range, although required down payments, interest rates, amortization periods and loan terms vary by lender and borrower qualifications.
SBA 504 financing may allow a qualifying owner-user to acquire the building with an equity contribution beginning at approximately 10%. This option may be available to an eligible business that intends to occupy at least 51% of an existing building. SBA 504 financing generally combines a bank loan, a certified development company loan and the buyer's equity contribution.
SBA 7(a) financing may also be available to qualifying owner-users. Depending on the transaction, the program may finance the real estate acquisition together with eligible business expenses, improvements, equipment or working capital.
A buyer occupying one suite may be able to lease the second suite and use a portion of the rental income to offset ownership costs. The treatment of projected or existing rental income will depend on the lender, loan program, lease terms and underwriting requirements.
A buyer may use proceeds from a qualifying 1031 exchange to acquire the property, subject to applicable identification periods, closing deadlines and tax requirements.
The owner may consider a seller-financed component as part of an acceptable offer. Any seller financing will remain subject to the owner's approval and the requirements of the senior lender.
All financing remains subject to borrower qualification, credit approval, property review, lender guidelines and applicable program requirements.
2212 Artemis Place is located one parcel south of Olympic Boulevard on a short, narrow street in West Los Angeles. The setting provides quick access to the Olympic Corridor while avoiding direct frontage on a major arterial. The Expo/Bundy Metro station, Interstate 10 and Interstate 405 are all nearby, connecting the property to Santa Monica, Century City, UCLA, Downtown Los Angeles and LAX. The surrounding Westside economy includes major concentrations of technology, media, entertainment, professional services and creative businesses.
Contact Christian Aragon directly to request the offering package, confirm suite availability or schedule a private walkthrough. Buyers can also request a preliminary ownership-cost analysis based on their proposed down payment, occupancy plan and financing qualifications.