925 La Brea AveLos Angeles, CA 90038

Property Details for 925 La Brea Ave

Year built

2015

Construction

CONCRETE

Lot size

0.78 AC

Property size (Sq ft)

66,393 SF

Zone code

LAMR

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

5531-016-024

APU

5531016024

Description

Located at 925 N La Brea Ave, West Hollywood, CA 90038, this Los Angeles County property offers flexible workspace solutions. The building features a striking glass façade and modern interiors, creating a memorable and welcoming environment for businesses of all sizes. This multi-tenant office building provides a range of options, from individual workspaces to entire office suites, catering to diverse needs. The property boasts two floors of bright, airy offices and meeting rooms, perfect for creative startups, established firms, and media companies. High-speed WiFi is available throughout, with optional services including call handling and mail forwarding. On-site amenities include a fully stocked kitchen and a rooftop terrace offering stunning views of the Hollywood Hills. The building's location in the heart of Melrose places businesses within a thriving professional community, fostering networking opportunities. The property is ideal for companies seeking scalable space to accommodate growth, offering a blend of modern design and convenient amenities. This vibrant location provides easy access to a diverse range of businesses and offers a dynamic work environment.

• CAP approach

  CAP return

  Valuation

  6%

  $23,853,504

  6.5%

  $22,018,620

  7%

  $20,445,862

• Comparable approach

  Method

  Valuation

  Relative Method

  $19,569,204

  Geo Method

  $19,569,204

• Alternative Use

  Use

  Valuation

  Residential

  $22,018,620

  Hospitality

  $20,168,938

  Educational

  $16,780,318

  Medical

  $17,357,420

  Retail

  $26,102,718

Location Insight

City

West Hollywood

County

Los Angeles

State

California

Latitude

34.0879

Longitude

-118.345

CBSA code

31080

CBSA name

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

Property Tax & Assessments

FAQs

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