910 La Cienega BlvdLos Angeles, CA 90069
- Office properties
- 6,383 SF
Property Details for 910 La Cienega Blvd
- Year built
- 1949
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.11 AC
- Property size (Sq ft)
- 6,383 SF
- Zone code
- LAC4
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 5529-006-051
- APU
- 5529006051
Description
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
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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