Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8967 Sunset Blvd West Hollywood, CA 90069
    Back to Search
    Property profile & analytics

    8967 Sunset Blvd West Hollywood, CA 90069

    View on Map
    • Office Spaces
    • 5,037 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 8967 Sunset Blvd

    Property size
    5,037 SF
    Property type
    Office Spaces
    Property subtype
    Office Units

    Description

    This exceptional creative office property, located at 8967 & 8961 Sunset Boulevard in West Hollywood, California, offers a total of 5,037 square feet of flexible space. The property is currently fully vacant and available for lease, presenting a unique opportunity for a single tenant or multiple occupants. The building is comprised of five individual suites, with a minimum divisible space of 200 square feet and a maximum contiguous space of 2,000 square feet, providing adaptability for various business needs and sizes. This prime West Hollywood location, in Los Angeles County, zip code 90069, offers excellent visibility and accessibility. The property's "Creative Office" designation suggests a design conducive to innovative and collaborative work environments. The address is 8967 Sunset Blvd & 8961 Sunset Blvd, providing ample space for businesses seeking a vibrant and inspiring workspace in a highly sought-after area. With its diverse suite sizes and prime location, this property is ideal for a range of businesses seeking a flexible and stylish office solution. Contact us today to learn more about leasing opportunities.

    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
    -118.387
    Latitude
    34.0909

    Comparable in this City

    • Value Estimation by Request
      139,500 SF

      West Hollywood, CA 90069

      Office Units • 139,500 SF
      West Hollywood, CA 90069
      View Details
    • Value Estimation by Request

      8430 Santa Monica Blvd

      Office Units
      8430 Santa Monica Blvd, 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
      850,000 SF

      8500 Sunset Rd

      Neighborhood centers • 850,000 SF
      8500 Sunset Rd, 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

    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
    • $13,495,000
      1.58 Acres

      Doheny Estates Development Opportunity

      1.5-acre development opportunity with unobstructed city and ocean views.
      1868 N Doheny Dr, Los Angeles, CA 90069
      View Details
    • Contact for pricing

      West Hollywood Multifamily Investment Opportunity

      Charming five-unit property in the heart of West Hollywood.
      1266 N Flores St, 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

    Similar Nearby for Lease

    • Contact for pricing

      Sunset Boulevard Retail/Office Space

      Retail and office spaces available on Sunset Boulevard.
      8497 Sunset Blvd, West Hollywood, CA 90069
      View Details
    • Contact for pricing

      West Hollywood Office Space Available

      Office space for rent at 8439 Sunset Boulevard.
      8439 Sunset Blvd, West Hollywood, CA 90069
      View Details
    • Contact for pricing

      Prime West Hollywood Leasing Opportunity

      Retail or office space in a sought-after West Hollywood location.
      Hollywood, CA 90069
      View Details
    • Contact for pricing

      Retail and Office Space Available

      Pop-up and short-term leases available on Melrose Place.
      8476 Melrose Pl, Los Angeles, 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

      West Hollywood Office Space Available

      Office spaces available in West Hollywood, ranging from 600-700 SqFt.
      8967 Sunset 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.
    8967 Sunset Blvd
    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
    8967 Sunset Blvd, 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!