10951 Pico BlvdLos Angeles, CA 90064

Property Details for 10951 Pico Blvd

Year built

1981

Construction

WOOD

Lot size

0.21 AC

Property size (Sq ft)

26,199 SF

Zone code

LAC2

Property type

Office buildings

APN

4322-009-017

APU

4322009017

Description

This exceptional Los Angeles office property, located at 10951 W Pico Blvd, 90064, offers a unique blend of medical and creative office spaces. Situated in Los Angeles County, California, this multi-tenant building boasts a total of 26,199 square feet. Currently, there is 10,113 square feet of immediately available space, perfect for a single tenant seeking a large contiguous footprint or divisible into smaller units to accommodate multiple tenants. The minimum leasable space is 10,113 square feet, which also represents the maximum contiguous space currently available. The property's versatile design caters to a variety of business needs, making it ideal for medical practices or creative agencies. Its convenient location in Los Angeles provides easy access to major transportation routes and a vibrant urban environment. This is a rare opportunity to secure high-quality office space in a desirable location. The property is classified as both Medical Office and Creative Office, offering flexibility for diverse businesses. Interested parties should inquire about lease terms and availability. The building is located at 34.0388961 latitude and -118.4311025 longitude.

• CAP approach

  CAP return

  Valuation

  6%

  $6,357,398

  6.5%

  $5,868,368

  7%

  $5,449,198

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,975,426

  Geo Method

  $4,982,002

• Alternative Use

  Use

  Valuation

  Residential

  $7,276,776

  Hospitality

  $6,665,487

  Educational

  $5,545,607

  Medical

  $5,736,329

  Retail

  $8,626,500

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0392

Longitude

-118.431

CBSA code

31080

CBSA name

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

Property Tax & Assessments

FAQs

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