345 La Brea AveLos Angeles, CA 90036
- Mixed-use properties
- 11,688 SF
Property Details for 345 La Brea Ave
- Year built
- 1986
- Construction
- WOOD
- Lot size
- 0.19 AC
- Property size (Sq ft)
- 11,688 SF
- Zone code
- LAC2
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 5525-033-030
- APU
- 5525033030
Description
This exceptional Los Angeles property at 345 N La Brea Ave offers two high-image executive office suites for lease. The building totals 2,058 square feet, with individual spaces ranging from 781 to 1,277 contiguous square feet. Currently, the entire 2,058 square feet is vacant and available for lease. The property boasts excellent street visibility on La Brea Avenue, providing significant exposure for your business. The adaptable floor plans allow for customization to suit various business needs. Convenient on-site parking is included. This versatile space is suitable for general office or retail use, making it an ideal location for a variety of businesses. The building is situated in a prime location, surrounded by a thriving retail environment and close proximity to the Melrose shopping district, Beverly Hills, and Hollywood. Benefit from the high traffic volume and the presence of popular boutiques, restaurants, bars, and luxury apartments in the immediate vicinity. This is a truly exceptional opportunity to establish your business in a highly desirable and visible location in Los Angeles, California. The property is located in Los Angeles County, zip code 90036.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,199,234
- 6.5%
- $3,876,216
- 7%
- $3,599,344
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,445,014
- Geo Method
- $3,445,014
-
Alternative Use
- Use
- Valuation
- Residential
- $3,876,216
- Hospitality
- $3,550,593
- Educational
- $2,954,052
- Medical
- $3,055,646
- Retail
- $4,595,192
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 34.0776
- Longitude
- -118.344
- 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
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
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- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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