800 Western AveLos Angeles, CA 90029
- Retail properties
- 998 SF
Property Details for 800 Western Ave
- Year built
- 1964
- Lot size
- 0.46 AC
- Property size (Sq ft)
- 998 SF
- Zone code
- LAC4
- Property type
- Retail properties
- Property subtype
- Gas stations
- APN
- 5535-018-003
- APU
- 5535018003
Description
Park Plaza, located at 800-916 North Western Avenue in Los Angeles, California (zip code 90029), offers a prime retail and restaurant opportunity within a thriving open-air community shopping center. This 199,806 square foot property boasts a strong tenant mix, including established national brands such as Sprouts, Ross, CVS, and Petco, as well as popular fast-casual restaurants like Jersey Mike's, Pick Up Stix, Chipotle, and Flame Broiler. The center provides a diverse range of space options, with a minimum divisible space of 490 square feet and a maximum contiguous space of 6,000 square feet. Currently, there are 20,674 square feet of vacant space available, offering flexibility for various retail concepts. The property is situated in Los Angeles County and benefits from high visibility and convenient access for customers. This is an exceptional opportunity to establish or expand your business within a well-established and successful shopping center. The property is classified as Commercial, with a Multiple Tenancy structure. The property type is Retail and Restaurant.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $432,720
- 6.5%
- $399,434
- 7%
- $370,903
-
Comparable approach
- Method
- Valuation
- Relative Method
- $478,245
- Geo Method
- $478,245
-
Alternative Use
- Use
- Valuation
- Residential
- $336,937
- Hospitality
- $308,633
- Educational
- $256,779
- Medical
- $265,610
- Retail
- $399,434
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 34.0848
- Longitude
- -118.309
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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