1044 Robertson BlvdLos Angeles, CA 90035

  • Land
  • 0.17 AC
For Sale
$24,500,000 View listing

Property Details for 1044 Robertson Blvd

Year built
1946
Lot size
0.17 AC
Zone code
LAC1
Property type
Land
Property subtype
Commercial land
APN
4332-016-022
APU
4332016022

Description

This exceptional investment opportunity comprises three contiguous storefronts located at 1044, 1046, and 1054 South Robertson Boulevard in Los Angeles, California, 90035. The properties boast a combined lot size of approximately 18,182 square feet, offering significant development potential. Each storefront features a two-story building with varying square footage ranging from 3,321 to 4,967 square feet. The combined square footage across all three buildings is substantial, making this an ideal investment for a variety of retail ventures. The prime location on South Robertson Boulevard ensures high visibility and foot traffic, attracting a diverse clientele. The properties are situated in Los Angeles County and are identified by APN numbers 4322-016-022, 4332-016-023, and 433-016-024. This unique offering presents a rare chance to acquire a significant retail presence on one of Los Angeles' most desirable streets. The asking price for this exceptional portfolio is $24,500,000. This is a turnkey opportunity for an investor seeking a high-return investment in a thriving retail market. The properties are ready for immediate occupancy or redevelopment, providing flexibility for a wide range of business plans. Don't miss this chance to own a piece of Los Angeles' vibrant retail landscape.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,414,012
    Hospitality
    $2,211,222
    Educational
    $1,839,711
    Medical
    $1,902,982
    Retail
    $2,861,773
1044 Robertson Blvd, Los Angeles, California

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0579
Longitude
-118.383
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
$17,069
$1,393,912
-
$1,393,912
-
-
-
-

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