This exceptional executive office building, located at 3733 Motor Ave in Los Angeles, CA 90034, offers 12,100 square feet of premium office space currently available for lease. Built in 1986 and extensively renovated in 2021, the property boasts a contemporary design and modern amenities. The building is zoned LAC2 and provides ample parking with 21 spaces available for tenants. Multiple tenancy options are available, with a minimum divisible space of 5,825 square feet and a maximum contiguous space of 6,275 square feet. The entire 12,100 square foot building is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for multiple tenants to lease individual suites. This prime Los Angeles location offers excellent accessibility and visibility, making it an ideal location for businesses seeking a prestigious and functional workspace. The building's recent renovation ensures modern infrastructure and efficient layouts, catering to the needs of today's businesses. Interested parties are encouraged to inquire about lease terms and availability. This is a rare opportunity to secure a significant amount of high-quality office space in a desirable Los Angeles location.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$2,621,264
6.5%
$2,419,628
7%
$2,246,797
Comparable approach
Method
Valuation
Relative Method
$2,157,555
Geo Method
$2,157,555
Alternative Use
Use
Valuation
Residential Income
$3,000,338
Hospitality / Lodging
$2,748,294
Institutional / Educational
$2,286,548
Healthcare / Senior Housing
$2,365,186
Retail / Commercial
$3,556,853
Location Insight
City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0218
Longitude
-118.405
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Motor Ave Los Angeles, CA 90034
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Motor Ave Los Angeles, CA 90034
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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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