9000 Sunset BlvdWest Hollywood, CA 90069

Property Details for 9000 Sunset Blvd

Year built

1963

Construction

STEEL FRAME

Lot size

0.97 AC

Property size (Sq ft)

144,802 SF

Zone code

WDC2A*

Property type

Office properties

Property subtype

Office buildings

APN

4340-026-027

APU

4340026027

Description

This exceptional 130,000 square foot mixed-use property, located at the prestigious 9000 Sunset Boulevard in West Hollywood, California, presents a unique investment opportunity. Currently configured as a retail and restaurant space with an office building component, this multi-tenant building offers immediate access to a vibrant and high-traffic location on the iconic Sunset Strip. A significant portion of the building is currently occupied, demonstrating strong existing tenancy and market demand. However, a substantial 8,101 square feet of vacant retail space is immediately available for lease, providing a prime opportunity for a discerning tenant to establish a prominent presence in this sought-after area. The property's location in Los Angeles County, with a zip code of 90069, ensures easy access to major transportation arteries and a diverse clientele. The building's substantial size and versatile layout offer significant potential for a variety of uses, making it an ideal investment for both established businesses and emerging enterprises. This is a rare chance to secure a prominent position on one of the world's most famous streets. The property's existing infrastructure and high visibility make it an attractive proposition for businesses seeking maximum exposure and a strong return on investment. Detailed specifications and lease terms are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $41,916,992

  6.5%

  $38,692,608

  7%

  $35,928,852

• Comparable approach

  Method

  Valuation

  Relative Method

  $27,535,548

  Geo Method

  $27,535,548

• Alternative Use

  Use

  Valuation

  Residential

  $47,978,836

  Hospitality

  $43,948,356

  Educational

  $36,564,516

  Medical

  $37,822,024

  Retail

  $56,878,136

Location Insight

City

West Hollywood

County

Los Angeles

State

California

Latitude

34.0901

Longitude

-118.388

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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