410 7Th StLos Angeles, CA 90014

  • Retail properties
  • 43,978 SF
For Lease

Property Details for 410 7Th St

Year built
1917
Construction
CONCRETE
Lot size
0.28 AC
Property size (Sq ft)
43,978 SF
Zone code
LAC5
Property type
Retail properties
Property subtype
Retail space
APN
5144-013-037
APU
5144013037

Description

This exceptional four-story commercial property at 410 W 7th Street in Los Angeles, CA, offers a unique opportunity for businesses seeking prime office space in the heart of the city. Located in Los Angeles County, zip code 90014, this building boasts a total of 46,500 square feet, with a significant portion currently vacant. Three spaces are immediately available, ranging from a minimum of 11,475 square feet to a maximum contiguous space of 23,003 square feet, ideal for a variety of business needs. The property is classified as both retail and office space, offering flexibility and versatility. The building features impressive 20-foot ceilings, providing a spacious and modern feel. The multiple tenancy structure allows for a diverse range of occupants. This location provides excellent visibility and accessibility, making it an attractive option for businesses seeking a high-profile address in a thriving urban environment. With its substantial square footage and prime location, this property presents a rare opportunity to establish a strong presence in the dynamic Los Angeles market. The property is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $19,068,292
    6.5%
    $17,601,502
    7%
    $16,344,251
  • Comparable approach

    Method
    Valuation
    Relative Method
    $21,074,398
    Geo Method
    $21,074,398
  • Alternative Use

    Use
    Valuation
    Residential
    $14,847,525
    Hospitality
    $13,600,253
    Educational
    $11,315,251
    Medical
    $11,704,399
    Retail
    $17,601,502
410 7Th St, Los Angeles, California

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.046
Longitude
-118.255
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$213,041
$6,963,513
$10,097,096
$17,060,609
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FAQs

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