11222 La Cienega BlvdLennox, CA 90304
- Office properties
- 95,760 SF
Property Details for 11222 La Cienega Blvd
- Year built
- 1968
- Lot size
- 1.02 AC
- Property size (Sq ft)
- 95,760 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 4039-004-018
- APU
- 4039004018
Description
This unique offering presents a blank canvas for an executive office space. The property encompasses a single square foot of building space situated on one acre of land. Ideal for a discerning individual or small business seeking a highly customized, private office environment. The single-tenant occupancy ensures complete control and privacy. The one-acre lot provides ample potential for future expansion or landscaping to create a prestigious and professional setting. Given the minimal existing building footprint, this presents a rare opportunity to design and construct an office space perfectly tailored to specific needs and preferences. The property's location offers significant advantages, although specific location details are not yet available. This is an exceptional chance to create a truly bespoke executive office in a prime location. The property is currently available for lease, allowing for immediate occupancy upon completion of any desired construction or renovations. The one-acre lot offers significant flexibility in design and development, allowing for a unique and highly functional workspace. This is a rare opportunity to acquire a highly desirable, single-tenant office space with significant development potential. Interested parties are encouraged to inquire for further details and to explore the possibilities this exceptional property offers.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $22,123,408
- 6.5%
- $20,421,608
- 7%
- $18,962,922
-
Comparable approach
- Method
- Valuation
- Relative Method
- $18,209,722
- Geo Method
- $18,209,722
-
Alternative Use
- Use
- Valuation
- Residential
- $25,322,794
- Hospitality
- $23,195,542
- Educational
- $19,298,418
- Medical
- $19,962,122
- Retail
- $30,019,762
Location Insight
- City
- Inglewood
- County
- Los Angeles
- State
- California
- Latitude
- 33.9321
- Longitude
- -118.37
- 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
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
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