Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Santa Monica Blvd Retail Property Title is generated by Realmo AI

    8442-8450 Santa Monica Blvd, West Hollywood, CA

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Retail property located on Santa Monica Blvd, fully leased.

    Type:RETAIL
    Lot size:
    0.21 Acres
    Added:
    Dec 8, 2022
    Days on Market:
    1274
    Last Refresh:
    May 20 at 8:16 pm

    Property Features for 8442-8450 Santa Monica Blvd

    General Information

    Standard status
    Active
    Lot size
    0.21 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 8442-8450 Santa Monica Blvd Contact us

    We can help!

    Listing Contact
    Sam Minasian

    Listing agent Sam Minasian

    Listing office South Park Group

    Listing date Dec 8, 2022

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of South Park Group

    HighLights

    • 100% Leased: Enjoy immediate and consistent income.
    • No Current Availability: Indicates high tenant demand.
    • Well‑maintained property reduces immediate capital expenditure needs.
    • Competitive lease rates demonstrate strong market positioning.
    • Desirable tenant mix offers stability and reduces risk.
    • Long‑term leases ensure predictable future revenue.

    Overview

    The property is a retail space located on Santa Monica Boulevard in West Hollywood, California. It is currently 100% leased, with no current availability.
    Location Intelligence

    Current Use by Public Records

    Retail properties & Spaces

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West Hollywood
    County
    Los Angeles
    State
    California
    Longitude
    -118.382
    Latitude
    34.0942

    Nearby Similar for Lease

    • $60 SF/Yr
      1,967-1,980 SF

      West Hollywood Office/Exam Room Rental

      Office/Exam room for rent in West Hollywood, bordering Beverly Hills.
      9201 W Sunset Blvd, Unit 414, West Hollywood, CA 90069
      View Details
    • $5 SF/Yr
      13,061 SF

      Sunset Strip Premier Office Space

      High-end office space with panoramic Los Angeles skyline views.
      9255 Sunset Boulevard, West Hollywood, CA, 90069
      View Details
    • $5 SF/Yr
      16,475 SF

      Sunset Strip Premier Office Space

      High-end office space with panoramic Los Angeles skyline views.
      9229 Sunset Boulevard, West Hollywood, CA, 90069
      View Details
    • $5 SF/Yr
      24,619 SF

      Creative Office Space on Historic Lot

      Creative campus environment in West Hollywood's media district.
      1041 North Formosa Avenue, West Hollywood, CA, 90046
      View Details
    • $4 SF/Yr
      4,523 SF

      West Hollywood Office Space Available

      4,523 square foot office space for rent.
      933 North La Brea Avenue, West Hollywood, CA, 90038
      View Details
    • Contact for pricing
      4,057 SF

      Sunset Boulevard Retail/Wellness Space

      Versatile space on Sunset Blvd, ideal for retail or wellness.
      8570-8590 W. Sunset Boulevard, West Hollywood, CA 90069
      View Details
    • Contact for pricing

      Restaurant Space on Sunset Boulevard

      Prime location restaurant space with full commercial kitchen and patio.
      8555 Sunset Boulevard, West Hollywood, CA 90069
      View Details
    • Contact for pricing
      3,100 SF

      West Hollywood Retail Opportunity

      Prime retail space in a desirable West Hollywood location.
      8442 Santa Monica Boulevard, West Hollywood, CA, 90069
      View Details
    • Contact for pricing

      Retail Space on Melrose Avenue

      Retail space for rent on Melrose Avenue in West Hollywood.
      8552 Melrose Avenue, West Hollywood, CA 90069
      View Details
    • Contact for pricing
      1,263 SF

      Retail Space on Santa Monica

      Retail space available for lease on Santa Monica Boulevard.
      8358 Santa Monica Boulevard, West Hollywood, CA 90069
      View Details
    • Contact for pricing

      Retail Space Near Melrose Avenue

      Retail space south of Melrose Avenue with gated courtyard entrance.
      454 N. Robertson Boulevard, West Hollywood, CA 90048
      View Details
    • Contact for pricing
      5,680 SF

      West Hollywood Retail/Fitness Space

      Prominent corner location with on-site parking and Sunset Blvd frontage.
      8500 Sunset Boulevard, West Hollywood, CA, 90069
      View Details

    FAQs

    What type of property is this?
    Retail property - Retail property located on Santa Monica Blvd, fully leased.
    Where is this retail property located?
    The property is located at 8442-8450 Santa Monica Blvd West Hollywood, CA.
    What are key features of this property?
    This property features: 100% Leased: Enjoy immediate and consistent income.; No Current Availability: Indicates high tenant demand.; Well‑maintained property reduces immediate capital expenditure needs.
    (323) 782-1261 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Sam Minasian
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    8442-8450 Santa Monica Blvd, West Hollywood, CA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!