14500 Roscoe BlvdLos Angeles, CA 91402

Property Details for 14500 Roscoe Blvd

Year built

1981

Construction

STEEL FRAME

Lot size

1.49 AC

Property size (Sq ft)

89,308 SF

Zone code

LAC2

Property type

Office properties

Property subtype

Office buildings

APN

2210-010-039

APU

2210010039

Description

This stunning, newly remodeled executive office suite in Panorama City, Los Angeles offers unparalleled views of the San Fernando Valley. Located in the former Union Bank Building of Van Nuys, this six-story mid-rise building provides a prestigious address at 14500 Roscoe Blvd, 4th Floor, 91402. The property totals 1,343 square feet, with 914 square feet currently vacant and available for lease. Multiple tenancy options are available, with spaces ranging from a minimum of 118 square feet to a maximum contiguous space of 251 square feet. Five individual suites are currently available. This is an exceptional opportunity for businesses seeking a modern, well-appointed workspace in a highly desirable location within Los Angeles County. A special incentive of three months free rent is offered to new clients signing a 12-month lease agreement. The building's central location provides easy access to major transportation routes and amenities. Don't miss this chance to establish your business in this impressive and convenient setting.

• CAP approach

  CAP return

  Valuation

  6%

  $25,852,702

  6.5%

  $23,864,032

  7%

  $22,159,458

• Comparable approach

  Method

  Valuation

  Relative Method

  $16,982,810

  Geo Method

  $16,982,810

• Alternative Use

  Use

  Valuation

  Residential

  $29,591,400

  Hospitality

  $27,105,562

  Educational

  $22,551,510

  Medical

  $23,327,092

  Retail

  $35,080,128

Location Insight

City

Panorama City

County

Los Angeles

State

California

Latitude

34.221

Longitude

-118.449

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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