Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8500 Sunset Rd West Hollywood, CA 90069
    Back to Search
    Property profile & analytics

    8500 Sunset Rd West Hollywood, CA 90069

    View on Map
    • Neighborhood centers
    • 850,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Neighborhood centers

    Property Details for 8500 Sunset Rd

    Property size
    850,000 SF
    Property type
    Neighborhood centers
    Property subtype
    Retail properties & Spaces

    Description

    8500 Sunset Boulevard presents a unique opportunity in the vibrant heart of West Hollywood. This exceptional mixed-use property, totaling 850,000 square feet, sits on a generous four-acre lot directly on the iconic Sunset Strip. Currently offering multiple tenancies, this property features executive office space within a larger retail and office complex. Individual suites are available, with a minimum divisible space of 2,454 square feet and a maximum contiguous space of 5,471 square feet. There is currently 17,278 square feet of vacant space available, including one immediately available space of 3,862 square feet which is also divisible. The building boasts impressive ceiling heights ranging from 13 feet 2 inches to 16 feet 4 inches, providing ample space and a modern feel. Located in Los Angeles County, with a zip code of 90069, this property offers unparalleled access to the energy and dynamism of West Hollywood. This is an exceptional opportunity to secure a prominent presence on one of the most recognizable streets in the world. The property's size and location make it ideal for a variety of businesses seeking a high-profile address and flexible space options. Contact us today to learn more about this exciting opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    West Hollywood
    County
    Los Angeles
    State
    California
    Longitude
    -118.377
    Latitude
    34.0937

    Comparable in this City

    • Value Estimation by Request
      4,400 SF

      8626 Melrose Ave

      Lifestyle centers • 4,400 SF
      8626 Melrose Ave, West Hollywood, CA 90069
      View Details
    • Value Estimation by Request
      21,379 SF

      8378-8384 Melrose Ave

      Office Spaces • 21,379 SF
      8378-8384 Melrose Ave, Los Angeles, CA 90069
      View Details
    • Value Estimation by Request

      1106 La Cienega Blvd

      Restaurants
      1106 La Cienega Blvd, West Hollywood, CA 90069
      View Details
    • Value Estimation by Request
      9,540 SF

      8720 Sunset Blvd

      Restaurants • 9,540 SF
      8720 Sunset Blvd, West Hollywood, CA 90069
      View Details
    • Value Estimation by Request
      23,276 SF

      8545 Santa Monica Blvd

      Office Spaces • 23,276 SF
      8545 Santa Monica Blvd, West Hollywood, CA 90069
      View Details
    • Value Estimation by Request

      8805 Santa Monica Blvd

      Individual retail properties
      8805 Santa Monica Blvd, West Hollywood, CA 90069
      View Details

    Similar Nearby for Sale

    • $24,995,000
      18,563 SF

      Melrose Avenue Mixed-Use Opportunity

      Mixed-use retail and office building near Melrose Place.
      8360 Melrose Ave, Los Angeles, CA 90069
      View Details
    • $20,000,000

      West Hollywood Redevelopment Opportunity

      Prime West Hollywood redevelopment site with high visibility and traffic.
      980 Norh Ln Cienega Blvd, West Hollywood, CA 90069
      View Details
    • Contact for pricing
      2,370 SF

      Melrose Avenue Retail Opportunity

      Free-standing retail property on Melrose Place corridor.
      8435 Melrose Ave, West Hollywood, CA 90069
      View Details
    • Contact for pricing
      1,850 SF

      Retail Space For Sale

      Retail space available for sale in Los Angeles.
      2855 S Robertson Blvd, Los Angeles, CA 90069
      View Details
    • New
      $1,881,000
      0.14 Acres

      Los Angeles Land Development Opportunity

      Development opportunity with ocean and city views in Los Angeles.
      1215 Hilldale Ave, Los Angeles, CA 90069
      View Details
    • $1,995,000
      2.25 Acres

      Los Angeles Land with Views

      Land with panoramic city and ocean views in Los Angeles.
      2381 Sunset Plaza Dr, Los Angeles, CA 90069
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Melrose Avenue Commercial Space

      Commercial space available for lease on Melrose Avenue.
      8378 Melrose Ave, West Hollywood, CA 90069
      View Details
    • Contact for pricing

      Sunset Medical Center Retail/Office Space

      Nine-story medical building with retail wings near Beverly Hills.
      9201 W Sunset Blvd, West Hollywood, CA 90069
      View Details
    • Contact for pricing

      West Hollywood Shopping Center Space

      Two-story open-air shopping center in the heart of West Hollywood.
      1106 N La Cienega Blvd, West Hollywood, CA 90069
      View Details
    • Contact for pricing

      Retail Property in West Hollywood

      100% leased retail property in West Hollywood.
      9041 Nemo St, West Hollywood, CA 90069
      View Details
    • Contact for pricing
      600 SF

      Fully Leased Retail Property

      Retail property in Los Angeles, currently 100% leased.
      803-809 Palm Ave, Los Angeles, CA 90069
      View Details
    • Contact for pricing
      13,510 SF

      Retail Space on Santa Monica

      Retail property available for lease in West Hollywood.
      8599 Santa Monica Blvd, West Hollywood, CA 90069
      View Details
    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.
    8500 Sunset Rd
    West Hollywood, CA 90069
    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
    8500 Sunset Rd, West Hollywood, CA, 90069
    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!