8439 Sunset BlvdWest Hollywood, CA 90069

Property Details for 8439 Sunset Blvd

Year built

1927

Construction

TILT-UP CONCRETE

Lot size

0.35 AC

Property size (Sq ft)

44,976 SF

Zone code

WDC2A*

Property type

Office properties

Property subtype

Office buildings

APN

5555-011-038

APU

5555011038

Description

This stunning, five-story, 42,489-square-foot executive office building, a registered historic landmark, boasts a classic Italian villa design. Originally constructed in 1927 and extensively renovated in 2021, the property offers nine suites ranging from 1,523 to 10,955 contiguous square feet, with 37,936 square feet currently vacant. Each suite features individually controlled air conditioning, upgraded communications and electrical services, and sophisticated security systems including computer-coded entry. Common areas showcase extensive Italian marble, while private offices impress with high ceilings, coved uplighting, and many include parquet hardwood floors, cast stone fireplaces, and French doors opening onto private wrought iron balconies. Many offices offer breathtaking views of the Los Angeles Basin. A 24,000-square-foot parking structure, built in 1984, provides convenient access to all office floors via direct access from several parking levels. The building's prime West Hollywood location at 8439 Sunset Boulevard, zip code 90069, places it across the street from the Mondrian Hotel and House of Blues, and a half block from The Argyle Hotel. Its proximity to major studios, Century City, the Pacific Design Center, and an array of restaurants and shops makes it an unparalleled opportunity. The first floor is dedicated to visitor parking.

• CAP approach

  CAP return

  Valuation

  6%

  $13,051,459

  6.5%

  $12,047,500

  7%

  $11,186,965

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,552,636

  Geo Method

  $8,552,636

• Alternative Use

  Use

  Valuation

  Residential

  $14,938,900

  Hospitality

  $13,683,952

  Educational

  $11,384,888

  Medical

  $11,776,431

  Retail

  $17,709,826

Location Insight

City

West Hollywood

County

Los Angeles

State

California

Latitude

34.0951

Longitude

-118.374

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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