400 San Vicente BlvdLos Angeles, CA 90048

  • Retail properties
  • 17,228 SF
For Lease

Property Details for 400 San Vicente Blvd

Year built
1986
Construction
WOOD
Lot size
0.65 AC
Property size (Sq ft)
17,228 SF
Zone code
LAC2
Property type
Retail properties
Property subtype
Community centers
APN
5511-044-038
APU
5511044038

Description

This exceptional 5,120 square foot medical office building, located at 400 San Vicente Boulevard in Los Angeles, California (zip code 90048), presents a unique leasing opportunity. The property is classified as both retail and office space, specifically a medical office strip center with multiple tenancies. Currently, the entire 5,120 square feet is vacant and available for lease. Flexible space options are available, with a minimum divisible space of 1,320 square feet and a maximum contiguous space of 3,800 square feet. This prime West Los Angeles location offers high visibility, making it ideal for a variety of medical practices or businesses seeking a prominent presence. The building is situated in Los Angeles County and benefits from excellent access and high traffic volume. This is an exceptional opportunity to secure a well-located and versatile space in a thriving area. The property's high visibility and flexible floor plans make it an attractive option for businesses seeking a strong presence in a desirable market. Interested parties should inquire about lease terms and availability.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,337,708
    6.5%
    $6,773,268
    7%
    $6,289,464
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,255,712
    Geo Method
    $8,255,712
  • Alternative Use

    Use
    Valuation
    Residential
    $5,713,506
    Hospitality
    $5,233,540
    Educational
    $4,354,244
    Medical
    $4,503,994
    Retail
    $6,773,268
400 San Vicente Blvd, Los Angeles, California

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0712
Longitude
-118.376
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
$327,649
$26,946,360
$104,040
$27,050,400
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FAQs

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