107 Hewitt StLos Angeles, CA 90012

Property Details for 107 Hewitt St

Year built

2022

Construction

WOOD

Lot size

0.68 AC

Property size (Sq ft)

80,903 SF

Zone code

LACM

Property type

Investment properties

Property subtype

Live-work space

APN

5163-002-030

APU

5163002030

Description

This exceptional Los Angeles retail property, located at 107 S Hewitt St, 90012, offers 12,805 square feet of vacant space, perfect for multiple tenants. Situated in Los Angeles County, California, this commercial property is currently available in its entirety. The flexible layout allows for various configurations, with a minimum divisible space of 1,330 square feet and a maximum contiguous space of 3,940 square feet. Five individual spaces are available, providing opportunities for businesses of different sizes. The property's total square footage is 12,805 square feet, offering significant potential for a variety of retail ventures. Its strategic location in Los Angeles provides excellent visibility and accessibility, making it an ideal location for businesses seeking high foot traffic and a strong customer base. The property is categorized as retail commercial space and presents a unique opportunity for investors or businesses looking to establish a presence in a vibrant and dynamic market. This is a rare chance to secure a substantial retail space in a prime Los Angeles location. Contact us today to learn more about leasing opportunities and explore the possibilities this property offers.

• CAP approach

  CAP return

  Valuation

  6%

  $23,862,922

  6.5%

  $22,027,312

  7%

  $20,453,934

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,384,514

  Geo Method

  $15,384,514

• Alternative Use

  Use

  Valuation

  Residential

  $27,313,868

  Hospitality

  $25,019,356

  Educational

  $20,815,810

  Medical

  $21,531,698

  Retail

  $32,380,150

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0485

Longitude

-118.237

CBSA code

31080

CBSA name

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

Property Tax & Assessments

FAQs

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