1206 Maple AveLos Angeles, CA 90015

Property Details for 1206 Maple Ave

Year built

1929

Construction

CONCRETE

Lot size

0.51 AC

Property size (Sq ft)

173,631 SF

Zone code

LAM2

Property type

Office properties

Property subtype

Office buildings

APN

5145-027-011

APU

5145027011

Description

The Bendix Building, a stunning 11-story, Class C creative office building in Los Angeles, CA (90015), offers 173,631 square feet of unique workspace. Built in 1929, this Gothic Revival-style landmark features a distinctive rooftop sign visible from afar. Currently offering multiple tenancies, available spaces range from 980 to 6,000 square feet, perfect for a variety of creative businesses. The building boasts convenient amenities including freight elevators, package lockers, and below-deck parking, seamlessly blending its historic charm with modern functionality. Its prime location adjacent to Santee Alley in downtown Los Angeles provides excellent accessibility and visibility. This iconic building presents a rare opportunity to establish a presence in a thriving artistic community. The building includes elevators.

• CAP approach

  CAP return

  Valuation

  6%

  $51,060,348

  6.5%

  $47,132,628

  7%

  $43,766,012

• Comparable approach

  Method

  Valuation

  Relative Method

  $33,017,670

  Geo Method

  $33,017,670

• Alternative Use

  Use

  Valuation

  Residential

  $58,444,460

  Hospitality

  $53,534,808

  Educational

  $44,540,332

  Medical

  $46,072,144

  Retail

  $69,284,960

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0352

Longitude

-118.256

CBSA code

31080

CBSA name

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

Property Tax & Assessments

FAQs

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