5862 Avalon BlvdLos Angeles, CA 90011

Property Details for 5862 Avalon Blvd

Year built

1957

Construction

TILT-UP CONCRETE

Lot size

0.52 AC

Property size (Sq ft)

11,782 SF

Zone code

LAM2

Property type

Healthcare properties

Property subtype

Hospitals

APN

6007-002-020

APU

6007002020

Description

This exceptional single-tenant office property, located at 5862 Avalon Boulevard in Los Angeles, California, 90011, offers 4,381 square feet of versatile space. Ideal for a variety of uses, this property is classified as both a traditional office and a medical office, making it suitable for a wide range of businesses. The building's single-tenant occupancy provides a streamlined and efficient operational environment. Its convenient Los Angeles location offers excellent access to major transportation routes, ensuring easy commutes for employees and clients. The property's precise geographic coordinates are 33.98800387792046 latitude and -118.26523587250321 longitude. This presents a unique opportunity for businesses seeking a well-situated, spacious, and functional office space in a thriving Los Angeles neighborhood. The building's design and layout are adaptable to various business needs, offering a flexible and efficient workspace. This is a remarkable opportunity to acquire a substantial and well-located office property in a highly desirable area of Los Angeles. The property's single-tenant status simplifies management and provides a stable income stream for investors. Serious inquiries are encouraged to explore this exceptional investment opportunity further.

• CAP approach

  CAP return

  Valuation

  6%

  $3,336,906

  6.5%

  $3,080,221

  7%

  $2,860,205

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,576,535

  Geo Method

  $2,576,535

• Alternative Use

  Use

  Valuation

  Residential

  $3,907,390

  Hospitality

  $3,579,149

  Educational

  $2,977,810

  Medical

  $3,080,221

  Retail

  $4,632,148

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

33.9879

Longitude

-118.265

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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