1415 Cahuenga BlvdLos Angeles, CA 90028

Property Details for 1415 Cahuenga Blvd

Year built

1981

Construction

TILT-UP CONCRETE

Lot size

0.55 AC

Property size (Sq ft)

23,808 SF

Zone code

LAC4

Property type

Office buildings

APN

5546-014-053

APU

5546014053

Description

This exceptional 20,000-square-foot creative office compound in Los Angeles, CA presents a unique owner-user, investment, or redevelopment opportunity. Situated on a 23,945-square-foot lot in the heart of Hollywood, just south of Sunset Boulevard on Cahuenga Boulevard, this Class B building boasts a secure gated entrance and ample parking (49 spaces). Built in 1982 and zoned C4-2D, the property features a renovated interior with high ceilings, abundant natural light, a high-ceiling lobby with a water feature, an elevator, an interconnecting stairwell, and a 35-seat screening room. The existing layout includes executive and production offices, post-production pods, collaboration areas, and kitchenettes with seating. The property's prime location within the Hollywood Media District offers proximity to major studios and production houses, surrounded by high-profile entertainment tenants, new mixed-use residential developments, and hotels. The property's versatility and location make it ideal for a variety of uses, offering significant potential for future development or continued operation as a thriving creative office space. The property is located at 1415 N Cahuenga Blvd, Los Angeles, CA 90028.

• CAP approach

  CAP return

  Valuation

  6%

  $7,022,341

  6.5%

  $6,482,161

  7%

  $6,019,150

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,527,330

  Geo Method

  $4,527,330

• Alternative Use

  Use

  Valuation

  Residential

  $8,037,880

  Hospitality

  $7,362,654

  Educational

  $6,125,642

  Medical

  $6,336,312

  Retail

  $9,528,777

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0965

Longitude

-118.33

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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