8912 Sunset BlvdWest Hollywood, CA 90069

  • Retail space
  • 1,060 SF

Property Details for 8912 Sunset Blvd

Year built
1925
Construction
WOOD
Lot size
0.05 AC
Property size (Sq ft)
1,060 SF
Zone code
WDC2A*
Property type
Retail space
APN
4340-001-002
APU
4340001002

Description

This exceptional 1,500-square-foot retail showroom, located at 8912 W Sunset Blvd in West Hollywood, California, presents a rare leasing opportunity. Built in 1980, this single-tenant space is completely vacant and move-in ready. Boasting 15-foot ceilings, the property offers a sophisticated and spacious environment ideal for a flagship location. The showroom features an ADA-compliant remodeled bathroom and a fully installed kitchenette, adding convenience and functionality. Ample parking is provided with four spaces directly in front of the building, which could also be utilized as an outdoor patio area. Security is enhanced by a high-end security system and a gated parking area, ensuring peace of mind. The property's prime location on Sunset Boulevard in Los Angeles County (zip code 90069) guarantees high street traffic and excellent visibility, making it an exceptional opportunity for a discerning business seeking a prominent West Hollywood presence. This is a truly unique chance to establish a flagship store in a vibrant and high-traffic area. The property is classified as retail, with a showroom/commercial subtype.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $451,065
    6.5%
    $416,367
    7%
    $386,627
  • Comparable approach

    Method
    Valuation
    Relative Method
    $507,955
    Geo Method
    $507,955
  • Alternative Use

    Use
    Valuation
    Residential
    $351,221
    Hospitality
    $321,717
    Educational
    $267,665
    Medical
    $276,870
    Retail
    $416,367

Location Insight

City
West Hollywood
County
Los Angeles
State
California
Latitude
34.0904
Longitude
-118.386
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
$5,040
$277,755
$99,186
$376,941
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