8533 Sunset BlvdWest Hollywood, CA 90069

  • Retail properties
  • 5,766 SF
For Lease
$96/SF/YR View listing

Property Details for 8533 Sunset Blvd

Year built
1946
Construction
WOOD
Lot size
0.12 AC
Property size (Sq ft)
5,766 SF
Zone code
LAR1
Property type
Retail properties
Property subtype
Retail space
APN
5559-020-016
APU
5559020016

Description

This exceptional Class A retail property, located at 8533 Sunset Boulevard in West Hollywood, California (zip code 90069), offers a total of 11,840 square feet of vacant space. Currently, there are multiple units available for lease, with sizes ranging from a minimum of 1,220 square feet to a maximum contiguous space of 3,640 square feet. The property is categorized as commercial retail and is situated in the highly desirable Los Angeles County. Its prime Sunset Strip location provides unparalleled visibility and access to a dense population of affluent consumers. The building's Class A designation reflects its high-quality construction and modern amenities. This presents a unique opportunity for businesses seeking a prominent presence in one of the most iconic and sought-after retail corridors in the country. The flexible space options allow for a variety of retail concepts, from smaller boutiques to larger flagship stores. With its excellent location and ample space, this property is ideal for businesses looking to establish or expand their presence in the vibrant West Hollywood market. Interested parties should inquire about lease terms and availability. The property's latitude and longitude coordinates are 34.0939762 and -118.3774094 respectively.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,453,621
    6.5%
    $2,264,881
    7%
    $2,103,104
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,763,086
    Geo Method
    $2,763,086
  • Alternative Use

    Use
    Valuation
    Residential
    $1,910,512
    Hospitality
    $1,750,019
    Educational
    $1,455,995
    Medical
    $1,506,069
    Retail
    $2,264,881
8533 Sunset Blvd, West Hollywood, California

Location Insight

City
West Hollywood
County
Los Angeles
State
California
Latitude
34.094
Longitude
-118.377
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
$31,696
$1,802,737
$706,100
$2,508,837
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-
-
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