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Property profile & analytics

124 La Brea Ave Los Angeles, CA 90036-2997

  • Office buildings
  • 5,088 SF
  • 0.10 lot acres
OFF-MARKET
Last Sale
Oct 31, 2024
$2,550,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US09-9600013
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • The Bernhard Heyman Center for Chiropractic Health & Wellness / Chiropractor
  • Andrew Friedman Law Offices / Divorce Lawyer / Attorney
  • Traditional Jewish Medicine / Medical Clinic
  • Chirohealth Institute / Chiropractor
  • Karolina Manvelyan Chiropractic APC / Chiropractor

Property Details for 124 La Brea Ave

Year built
1986
Construction
TILT-UP CONCRETE
Lot size
0.10 lot acres
Property size
5,088 SF
Zone code
LAC2
Property type
Office buildings
APN
5513-003-013
APU
5513003013

Description

This exceptional Los Angeles office building, located at 124 N. La Brea Avenue, presents a compelling investment opportunity for owner-users or investors. The property boasts 5,088 square feet of space within a two-story, single-building structure constructed in 1986. Currently operating at 50% occupancy, the building offers significant potential for increased revenue. The property is classified as Class C and is zoned C2, providing flexibility for a variety of commercial uses. The building's traditional office layout is adaptable to various business needs. Its prime location in Los Angeles, within Los Angeles County, and the 90036 zip code, offers excellent access to transportation and amenities. The property is being offered for sale by the owner and can be delivered vacant, providing immediate control and customization for the new owner. This is a rare opportunity to acquire a well-situated office building in a thriving Los Angeles market. The building's solid construction and flexible zoning make it an ideal investment for long-term growth and profitability. Serious inquiries are encouraged.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.344
Latitude
34.0744
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
$12,278
$448,061
$518,714
$966,775
-
$0.00
$0.00
$0.00
More about this property
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