5955 De Soto AveLos Angeles, CA 91367

  • Office buildings
  • 55,398 SF

Property Details for 5955 De Soto Ave

Year built
1977
Construction
TILT-UP CONCRETE
Lot size
2.94 AC
Property size (Sq ft)
55,398 SF
Zone code
LAWC
Property type
Office buildings
APN
2149-002-027
APU
2149002027

Description

This exceptional 1,467-square-foot executive office suite is available for lease in Los Angeles, California. Located at 5955 De Soto Ave, in the 91367 zip code, this single-tenant space offers a unique opportunity for businesses seeking a prestigious and functional workspace. The building, constructed in 1977, boasts a total of 1,467 square feet, all of which is currently vacant and ready for immediate occupancy. The property features ample parking, with a ratio of 3 spaces per 1,000 square feet. The zoning designation is M2, providing flexibility for various business types. The Los Angeles County Assessor's Parcel Number (APN) is 2149-002-027. This property presents a rare chance to secure a well-maintained, single-tenant office space in a desirable Los Angeles location. The rental rate is negotiable, making this an attractive option for businesses of varying sizes and budgets. Interested parties should inquire for further details. The property is situated in Los Angeles County, California.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $16,036,502
    6.5%
    $14,802,925
    7%
    $13,745,573
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,534,484
    Geo Method
    $10,534,484
  • Alternative Use

    Use
    Valuation
    Residential
    $18,355,628
    Hospitality
    $16,813,656
    Educational
    $13,988,764
    Medical
    $14,469,859
    Retail
    $21,760,300

Location Insight

City
Woodland Hills
County
Los Angeles
State
California
Latitude
34.1787
Longitude
-118.591
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
$179,715
$11,384,639
$2,844,037
$14,228,676
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FAQs

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