800 Western AveLos Angeles, CA 90029

  • Retail properties
  • 998 SF
For Lease

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
800 Western Ave, Los Angeles, California

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

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
$19,861
$1,178,281
$371,154
$1,549,435
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FAQs

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