100 La Cienega BlvdLos Angeles, CA 90048

Property Details for 100 La Cienega Blvd

Year built

1987

Construction

WOOD

Lot size

2.56 AC

Property size (Sq ft)

66,726 SF

Zone code

LAC2

Property type

Retail properties

Property subtype

Community centers

APN

5511-013-069

APU

5511013069

Description

This exceptional mixed-use retail property at 100 N La Cienega Blvd in Los Angeles, CA, 90048, offers a unique investment opportunity. Located in Los Angeles County, the property boasts a total building area of 16,364 square feet, currently entirely vacant and available for lease. The space is ideal for multiple tenants, with a minimum divisible unit of 8,085 square feet and a maximum contiguous space of 9,130 square feet. While individual spaces ranging from 1,615 to 17,409 square feet are mentioned in marketing materials, the current availability is the entire 16,364 square foot building. This presents a rare chance to secure a substantial presence on a high-traffic street in a vibrant Los Angeles neighborhood. The property's flexible layout allows for diverse uses, catering to a wide range of businesses. Its prime location offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent address. The building's size and layout provide ample opportunity for customization to suit specific tenant needs. Interested parties are encouraged to explore the potential of this exceptional retail space and its strategic location. The property is ready for immediate occupancy, offering a blank canvas for a new business venture or expansion. This is a truly remarkable opportunity to establish a strong presence in a thriving Los Angeles market.

• CAP approach

  CAP return

  Valuation

  6%

  $28,419,776

  6.5%

  $26,233,638

  7%

  $24,359,808

• Comparable approach

  Method

  Valuation

  Relative Method

  $31,975,312

  Geo Method

  $31,975,312

• Alternative Use

  Use

  Valuation

  Residential

  $22,129,056

  Hospitality

  $20,270,096

  Educational

  $16,864,482

  Medical

  $17,444,478

  Retail

  $26,233,638

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0742

Longitude

-118.376

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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