8023 Beverly BlvdLos Angeles, CA 90048

  • Retail properties
  • 7,603 SF
For Lease
$51/SF/YR View listing

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
Retail properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
8023 Beverly Blvd, Los Angeles, California

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

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
$55,536
$2,931,322
$1,578,402
$4,509,724
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FAQs

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