2154 Sunset BlvdLos Angeles, CA 90026

Property Details for 2154 Sunset Blvd

Year built

1930

Construction

TILT-UP CONCRETE

Lot size

0.29 AC

Property size (Sq ft)

34,300 SF

Zone code

LAC2

Property type

Office buildings

APN

5402-030-016

APU

5402030016

Description

This exceptional 15,534-square-foot Class A creative office building at 2154 West Sunset Boulevard in Los Angeles, California, presents a unique owner-user opportunity. Built in 1930 and extensively renovated in 2012, this two-story Art Deco structure boasts stunning architecture and interior improvements. Situated on a 12,730-square-foot lot, the property features a dramatic rooftop terrace, perfect for entertaining or enjoying city views. Additional highlights include a warehouse and storage area with a roll-up door, providing ample space for various needs. The building benefits from solar panels, reducing energy costs, and generates supplemental income from a billboard. Located in the desirable Echo Park neighborhood, this property offers a prime Sunset Boulevard address with LAC2 permitted zoning. The single-unit building is offered for sale by owner. This is a rare chance to acquire a meticulously maintained, income-producing asset in a highly sought-after location. The property's combination of historical charm, modern amenities, and prime location makes it an ideal investment for discerning buyers. The APN is 5402-030-016.

• CAP approach

  CAP return

  Valuation

  6%

  $10,117,032

  6.5%

  $9,338,799

  7%

  $8,671,742

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,522,488

  Geo Method

  $6,522,488

• Alternative Use

  Use

  Valuation

  Residential

  $11,580,110

  Hospitality

  $10,607,319

  Educational

  $8,825,165

  Medical

  $9,128,676

  Retail

  $13,728,034

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0773

Longitude

-118.266

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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