11980 San Vicente BlvdLos Angeles, CA 90049

  • Office buildings
  • 90,670 SF

Property Details for 11980 San Vicente Blvd

Year built
1975
Construction
CONCRETE
Lot size
0.53 AC
Property size (Sq ft)
90,670 SF
Zone code
LAC1.5
Property type
Office buildings
APN
4265-007-052
APU
4265007052

Description

This exceptional shared sublease opportunity is located at 11980 San Vicente Boulevard, Suite 8th Floor, in the heart of Los Angeles, California, 90049. The property is classified as a medical office space within a larger office building in Los Angeles County. The available space is highly adaptable, ranging from approximately 150 square feet to a generous 3,035 square feet, making it suitable for a variety of medical practices or related businesses. The flexible lease terms are negotiable, offering considerable adaptability to suit individual needs and timelines. The rental rate is also negotiable, providing an opportunity to secure favorable financial arrangements. This prime location offers excellent visibility and accessibility, situated on San Vicente Boulevard. The building itself is well-maintained and offers a professional environment. The specific configuration of the available space can be tailored to meet the requirements of the tenant. This is an ideal opportunity for a medical professional or group seeking a flexible and well-located office space in a thriving Los Angeles neighborhood. Inquire today to discuss your specific needs and explore the possibilities of this exceptional sublease opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $23,102,954
    6.5%
    $21,325,804
    7%
    $19,802,532
  • Comparable approach

    Method
    Valuation
    Relative Method
    $17,195,430
    Geo Method
    $17,241,808
  • Alternative Use

    Use
    Valuation
    Residential
    $26,443,996
    Hospitality
    $24,222,558
    Educational
    $20,152,884
    Medical
    $20,845,974
    Retail
    $31,348,932

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0519
Longitude
-118.472
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
$544,331
$7,881,123
$36,803,997
$44,685,120
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FAQs

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