11340 Olympic BlvdLos Angeles, CA 90064

  • Office properties
  • 113,155 SF
For Lease
$30/SF/YR View listing

Property Details for 11340 Olympic Blvd

Year built
1963
Construction
TILT-UP CONCRETE
Lot size
1.93 AC
Property size (Sq ft)
113,155 SF
Zone code
LAM2
Property type
Office properties
Property subtype
Office buildings
APN
4260-019-017
APU
4260019017

Description

This exceptional three-story creative office building in Los Angeles, CA, offers 11 available suites ranging from 799 to 4,592 square feet. Located at 11340 W Olympic Blvd, 90064, this courtyard-style building boasts convenient street-level access and secure covered parking. The property features newly renovated suites with efficient floor plans, including private offices, conference rooms, and employee kitchens. Enjoy the convenience of outdoor seating and a prime location within walking distance of the vibrant Sawtelle restaurant corridor. Benefit from easy access to major freeways, including the 405 and 10, ensuring seamless commutes for your employees and clients. This centrally located West Los Angeles property provides a dynamic and functional workspace in a highly desirable area. The multiple tenancy structure offers flexibility for businesses of various sizes. The building's modern amenities and convenient location make it an ideal choice for companies seeking a thriving and accessible work environment in the heart of West Los Angeles.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $27,824,944
    6.5%
    $25,684,564
    7%
    $23,849,952
  • Comparable approach

    Method
    Valuation
    Relative Method
    $21,481,262
    Geo Method
    $21,517,554
  • Alternative Use

    Use
    Valuation
    Residential
    $31,848,860
    Hospitality
    $29,173,384
    Educational
    $24,271,912
    Medical
    $25,106,662
    Retail
    $37,756,308
11340 Olympic Blvd, Los Angeles, California

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.037
Longitude
-118.441
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$609,911
$34,996,676
$14,764,222
$49,760,898
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FAQs

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