This exceptional 6,383 square foot creative office building presents a rare owner-user opportunity in the coveted La Cienega Design Quarter of Los Angeles. Located at 910 N La Cienega Blvd, this two-story building, constructed in 1949, sits on a 4,660 square foot lot (APN 5529-006-051) and is zoned LAC4. Currently vacant, the property offers a unique chance to acquire a trophy asset in a highly desirable, high-barrier-to-entry market. The asking price is $4,475,000, translating to $701.08 per square foot. The building boasts prime showroom/creative office space, ideal for a variety of uses. A highlight is the incredible second-floor build-out, complete with a kitchen and balcony, perfect for private consultations or client entertaining. This exceptional location places the property in the heart of the La Cienega Design Quarter, nestled between Santa Monica Boulevard and Melrose Place, surrounded by renowned designers, high-fashion brands, and creative businesses. The surrounding area demonstrates strong demographics, with a household income exceeding $174,884 within a two-mile radius. This presents a generational opportunity to own a significant property in a thriving and exclusive market. Don't miss this chance to secure a prime location in one of Los Angeles' most sought-after design districts.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,849,409
6.5%
$1,707,147
7%
$1,585,208
Comparable approach
Method
Valuation
Relative Method
$1,213,791
Geo Method
$1,213,791
Alternative Use
Use
Valuation
Residential
$2,116,862
Hospitality
$1,939,035
Educational
$1,613,254
Medical
$1,668,736
Retail
$2,509,506
Location Insight
City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0873
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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