1515 Maple AveLos Angeles, CA 90015

Property Details for 1515 Maple Ave

Year built

1988

Construction

TILT-UP CONCRETE

Lot size

0.25 AC

Property size (Sq ft)

18,472 SF

Zone code

LAM2

Property type

Retail properties

Property subtype

Retail space

APN

5133-020-017

APU

5133020017

Description

This exceptional Los Angeles County property, located at 1515 Maple Ave, zip code 90015, offers 4,900 square feet of versatile commercial space ideal for executive offices, retail, or restaurant use. Currently, the entire building is available for lease, totaling 4,900 square feet, and is divisible into units ranging from a minimum of 760 square feet to a maximum contiguous space of 2,580 square feet. The building comprises three individual suites, providing flexibility for various business needs. The property's diverse zoning allows for a range of uses, making it an attractive option for a variety of businesses. A particularly attractive option is approximately 1,560 square feet of second-floor space, featuring three separate offices, a reception area, and two restrooms. This space is perfect for a business requiring multiple private offices and a welcoming reception area. The building's location in Los Angeles offers excellent visibility and accessibility, making it an ideal location for businesses seeking a prominent presence in a thriving market. The property is situated in Los Angeles County, California, providing easy access to major transportation routes and a wealth of amenities. Interested parties are encouraged to inquire about lease terms and availability. This is a rare opportunity to secure a significant amount of prime commercial space in a highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $7,867,550

  6.5%

  $7,262,353

  7%

  $6,743,614

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,851,842

  Geo Method

  $8,851,842

• Alternative Use

  Use

  Valuation

  Residential

  $6,126,066

  Hospitality

  $5,611,444

  Educational

  $4,668,656

  Medical

  $4,829,218

  Retail

  $7,262,353

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0322

Longitude

-118.26

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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