752 Highland AveLos Angeles, CA 90038
- Data centers and call centers
- 10,720 SF
Property Details for 752 Highland Ave
- Year built
- 1948
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.27 AC
- Property size (Sq ft)
- 10,720 SF
- Zone code
- LAC2
- Property type
- Data centers and call centers
- APN
- 5524-011-024
- APU
- 5524011024
Description
This exceptional 10,720-square-foot creative office space at 752-758 N. Highland Avenue in Los Angeles, CA 90038, presents a unique investment opportunity. Located in the heart of Hollywood's Media District, this single-tenant property boasts a prime location amongst renowned galleries, studios, restaurants, and boutiques. Built in 1948 and extensively renovated in 2015, the building features high ceilings ranging from 16 to 19 feet, providing ample space and creative potential. The property sits on a 0.27-acre lot and includes 10 convenient parking spaces. The building is a single-story structure, classified as Class C, and zoned C2. Its address is 752 Highland Ave, Los Angeles, CA 90038, with APN 5524-011-024. The entire 10,720 square feet is currently vacant, offering immediate occupancy for a wide range of creative businesses. The property's proximity to high-profile galleries such as Various Small Fires, Hannah Hoffman, Knoll, Kohn Gallery, and Regen Projects further enhances its desirability and potential for high-end tenants. This is an unparalleled chance to acquire a well-situated, renovated creative office space in a thriving Los Angeles neighborhood.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,106,011
- 6.5%
- $2,867,087
- 7%
- $2,662,295
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,038,515
- Geo Method
- $2,038,515
-
Alternative Use
- Use
- Valuation
- Residential
- $3,555,188
- Hospitality
- $3,256,533
- Educational
- $2,709,397
- Medical
- $2,802,578
- Retail
- $4,214,618
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 34.0851
- Longitude
- -118.338
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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