8748 Holloway DrWest Hollywood, CA 90069

Property Details for 8748 Holloway Dr

Year built

1956

Construction

WOOD

Lot size

0.02 AC

Property size (Sq ft)

2,280 SF

Zone code

WDC1B*

Property type

Office buildings

APN

4339-009-035

APU

4339009035

Description

This exceptional West Hollywood property at 8748 Holloway Drive offers 2,280 square feet of thoughtfully designed space in a classic mid-century modern building. Built in 1956, this single-tenant, Class C office building is perfect for owner-users seeking a live/work opportunity. The three-level layout includes a full kitchen equipped with a gas range, dishwasher, and refrigerator. Central air conditioning and heating ensure year-round comfort. Enjoy abundant natural light throughout the space, complemented by outdoor areas. Located southeast of Sunset Boulevard, this property boasts an unparalleled West Hollywood location, with a Walk Score of 93, placing it within easy walking distance of world-class shopping, dining, and entertainment options on the Sunset Strip. The asking price is $2,195,000, translating to $962.72 per square foot. This represents a unique chance to acquire a versatile and highly desirable property in a vibrant, sought-after area. The property is zoned for live/work use, offering flexibility for a variety of business and residential needs. This is an ideal investment for those seeking a blend of commercial and residential space in a prime West Hollywood location.

• CAP approach

  CAP return

  Valuation

  6%

  $748,011

  6.5%

  $690,472

  7%

  $641,152

• Comparable approach

  Method

  Valuation

  Relative Method

  $433,565

  Geo Method

  $433,565

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,346,130

  Retail / Commercial

  $692,883

  Mixed-Use / Specialty

  $692,457

  Hospitality / Lodging

  $510,695

  Institutional / Educational

  $720,606

  Residential Income

  $843,109

  Multifamily

  $999,848

  Automotive / Energy

  $617,662

  Parking / Income-Based Land

  $211,128

  Restaurant / Food Service

  $364,514

  Healthcare / Senior Housing

  $708,005

Location Insight

City

West Hollywood

County

Los Angeles

State

California

Latitude

34.0904

Longitude

-118.382

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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