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    Los Angeles, CA 90012

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    For Lease
    $10,000 /Mo ($24 SF/Yr)

    Open floor plan office space near Old China Town.

    Property size:
    5,000 SF
    Lot size:
    0.13 Acres

    Property Features for

    General Information

    Standard status
    Active
    Size
    5,000 SF
    Lot size
    0.13 Acres

    Building Details

    Year built
    1960

    Source: COLDWELL BANKER REALTY PASADENA Agent JEFF WIGGINS

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Office with High Ceilings

    This property features a wide open floor plan with 13-foot high ceilings. It includes a kitchenette area and a private lunchroom. Previously used as a bank, the property has a built-in vault. The layout incorporates four private offices. It is located within walking distance to the amenities of Old China Town.
    Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.239
    Latitude
    34.0658

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    FAQs

    What type of property is this?
    Office space - Open floor plan office space near Old China Town.
    Where is this office space located?
    The property is located at Los Angeles, CA.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - Walking distance to Old China Town amenities; - Wide open floor plan with **13’ high ceilings**; - Built-in vault (previous bank use)
    Request Owner's contact information
    Los Angeles, CA 90012
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Los Angeles, CA 90012
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