This exceptional 1,802 square foot retail space is available for lease at 1100 South Hope Street in the heart of Los Angeles, California. Located in Los Angeles County, zip code 90015, this single-tenant property presents a unique opportunity for businesses seeking a high-visibility location. The entire space, totaling 1,802 square feet, is currently vacant and ready for immediate occupancy. The property's classification is retail commercial, offering a versatile canvas for a variety of retail ventures. Its strategic location within Los Angeles provides excellent access to a dense population base and high foot traffic, making it an ideal spot for businesses seeking maximum exposure. The property is situated at 34.0417686 latitude and -118.2631233 longitude, offering easy navigation and accessibility for customers and employees alike. This is a single-tenant space, providing complete control and customization for the lessee. Serious inquiries are encouraged to explore the potential of this prime retail location and capitalize on its significant advantages within the vibrant Los Angeles market. The property is ready for immediate lease and offers a blank canvas for your business vision.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$772,627
6.5%
$713,194
7%
$662,252
Comparable approach
Method
Valuation
Relative Method
$451,934
Geo Method
$451,934
Alternative Use
Use
Valuation
Industrial / Distribution
$1,353,170
Retail / Commercial
$706,099
Hospitality / Lodging
$535,763
Office
$718,970
Institutional / Educational
$744,870
Residential Income
$871,498
Multifamily
$991,937
Automotive / Energy
$638,460
Parking / Income-Based Land
$210,828
Restaurant / Food Service
$391,453
Healthcare / Senior Housing
$721,510
Location Insight
City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0417
Longitude
-118.263
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Hope St Los Angeles, CA 90015
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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