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.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
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
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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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