200 Continental BlvdEl Segundo, CA 90245

  • Office buildings
  • 46,170 SF
For Lease
$33/SF/YR View listing

Property Details for 200 Continental Blvd

Year built
1977
Construction
STEEL FRAME
Lot size
2.41 AC
Property size (Sq ft)
46,170 SF
Zone code
ESC3*
Property type
Office buildings
APN
4138-007-010
APU
4138007010

Description

This exceptional three-story office building, totaling 50,123 square feet, is situated in El Segundo's desirable "Superblock" area, just 300 feet north of El Segundo Boulevard. The property offers multiple tenancy options with two suites available, ranging from 7,500 to 15,282 contiguous square feet, and a total of 23,180 square feet currently vacant. Built in 1978, the building enjoys a prime location adjacent to a Marriott Residence Inn and within walking distance of a DoubleTree Hotel, providing convenient lodging options for employees and clients. Excellent public transportation access is available via LADOT Commuter Express Line 574, Metro Line 232 (connecting Long Beach to LAX City Bus Transit Center), and a Metrolink Green Line Station. Numerous restaurants and the Mattel headquarters are also within easy reach. El Segundo's thriving business environment, recognized three times as the "Most Business-Friendly City" in Los Angeles County, offers a compelling advantage with no gross receipts tax. This dynamic city is home to a variety of professional sports teams, including the Lakers, Kings, Giltinis, and Premiere Lacrosse League, and will soon boast the new Chargers' cutting-edge sports campus, solidifying its position as a leading hub for business and technology. This property presents a unique opportunity to establish a presence in a highly sought-after location with unparalleled amenities and connectivity. The building's address is 200 N. Continental Blvd, El Segundo, CA 90245, within Los Angeles County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,666,643
    6.5%
    $9,846,132
    7%
    $9,142,837
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,779,687
    Geo Method
    $8,779,687
  • Alternative Use

    Use
    Valuation
    Residential
    $12,209,204
    Hospitality
    $11,183,565
    Educational
    $9,304,595
    Medical
    $9,624,594
    Retail
    $14,473,814

Location Insight

City
El Segundo
County
Los Angeles
State
California
Latitude
33.9176
Longitude
-118.39
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
$165,808
$5,679,765
$6,034,751
$11,714,516
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