2029 Century ParkLos Angeles, CA 90067

  • Office properties
  • 1,226,598 SF
For Lease

Property Details for 2029 Century Park

Year built
1973
Construction
STEEL FRAME
Lot size
2.31 AC
Property size (Sq ft)
1,226,598 SF
Zone code
LAC2
Property type
Office properties
Property subtype
Office buildings
APN
4319-016-029
APU
4319016029

Description

This exceptional Century City office space offers five available suites, perfect for businesses seeking prestigious executive offices. The suites range in size from a compact 150 square feet to a more expansive 1,000 square feet, providing flexibility to accommodate various team sizes and operational needs. Ideally situated at the intersection of Century Park East and West Olympic Boulevard, this location offers unparalleled access to major transportation arteries, ensuring convenient commutes for employees and clients alike. The building's prime location within Century City provides easy access to a wealth of amenities, including upscale dining, high-end retail, and first-class hotels. The multiple tenancy structure allows for a diverse and vibrant work environment. Whether your business requires a small, efficient workspace or a larger suite to accommodate growth, this property offers a sophisticated and convenient solution. The available spaces are ready for immediate occupancy, allowing for a seamless transition into your new office. Contact us today to schedule a viewing and explore the possibilities of establishing your business in this highly desirable Century City location. This is an exceptional opportunity to secure prime office space in one of Los Angeles's most sought-after business districts.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $295,359,264
    6.5%
    $272,639,328
    7%
    $253,165,088
  • Comparable approach

    Method
    Valuation
    Relative Method
    $232,991,168
    Geo Method
    $233,249,872
  • Alternative Use

    Use
    Valuation
    Residential
    $338,072,768
    Hospitality
    $309,672,832
    Educational
    $257,644,176
    Medical
    $266,504,944
    Retail
    $400,779,808
2029 Century Park, Los Angeles, California

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0596
Longitude
-118.414
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
$4,518,495
$91,575,536
$271,852,430
$363,427,966
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FAQs

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