8023 Beverly BlvdLos Angeles, CA 90048

Property Details for 8023 Beverly Blvd

Year built

1985

Construction

TILT-UP CONCRETE

Lot size

0.29 AC

Property size (Sq ft)

7,603 SF

Zone code

LAC2

Property type

Community centers

APN

5527-034-025

APU

5527034025

Description

This exceptional 1,650-square-foot commercial property, located at 8023 Beverly Boulevard in Los Angeles, California, presents a unique opportunity for a single tenant. The space is classified as both Creative Office and Flex space, offering versatility for a wide range of businesses. Situated in Los Angeles County, zip code 90048, this property boasts ample parking with approximately 11 spaces available. The building's total square footage is 1,650 square feet, and the entire space is currently vacant, making it immediately available for lease. The property type is multifaceted, encompassing retail, office, and industrial uses, allowing for adaptable configurations to suit diverse operational needs. The building's flexible layout and ample parking make it an ideal location for businesses requiring both office and storage space, or those needing a high-visibility retail presence. The address is easily accessible, offering excellent visibility and convenient access for clients and employees. This single-tenant occupancy ensures privacy and control over the entire space. The property is ready for immediate occupancy, providing a seamless transition for your business. Inquire today to learn more about this prime Los Angeles commercial space.

• CAP approach

  CAP return

  Valuation

  6%

  $3,238,251

  6.5%

  $2,989,155

  7%

  $2,775,644

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,643,382

  Geo Method

  $3,643,382

• Alternative Use

  Use

  Valuation

  Residential

  $2,521,464

  Hospitality

  $2,309,648

  Educational

  $1,921,600

  Medical

  $1,987,686

  Retail

  $2,989,155

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0764

Longitude

-118.365

CBSA code

31080

CBSA name

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

Property Tax & Assessments

FAQs

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