3200 Sunset BlvdLos Angeles, CA 90026

Property Details for 3200 Sunset Blvd

Year built

1924

Construction

TILT-UP CONCRETE

Lot size

0.21 AC

Property size (Sq ft)

11,496 SF

Zone code

LAC2

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

5426-007-008

APU

5426007008

Description

This exceptional mixed-use property, located at 3200-3300 Sunset Boulevard in Los Angeles, CA 90026, presents a unique investment opportunity. Built in 1932, this two-story building boasts a total of 20 parking spaces and sits on a 0.89-acre lot. The property is ideally suited for retail and restaurant uses, offering a blend of adaptive reuse potential and established commercial viability. Six individual spaces are currently available, ranging in size from 356 square feet to 1,586 square feet, providing flexibility for a variety of tenants. Situated in the heart of the Sunset Strip, this property benefits from high visibility and foot traffic, capitalizing on the vibrant Silver Lake community and its renowned Sunset Boulevard location. The building's rich history and architectural significance contribute to its unique character, while its modern adaptability ensures relevance for future businesses. This is an unparalleled chance to own a piece of Los Angeles history and participate in the ongoing revitalization of this iconic area. The property's multiple tenancy allows for diverse income streams and a strong potential for long-term growth. Don't miss this opportunity to acquire a prime commercial property in one of Los Angeles' most desirable neighborhoods.

• CAP approach

  CAP return

  Valuation

  6%

  $3,390,828

  6.5%

  $3,129,995

  7%

  $2,906,424

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,186,079

  Geo Method

  $2,186,079

• Alternative Use

  Use

  Valuation

  Residential

  $3,881,194

  Hospitality

  $3,555,153

  Educational

  $2,957,845

  Medical

  $3,059,570

  Retail

  $4,601,092

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0855

Longitude

-118.275

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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