Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    12500 Beatrice St Los Angeles, CA 90066

    • Office Properties & Spaces
    • 16,616 SF
    For Lease
    View listing
    $49 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 12500 Beatrice St

    Year built
    1969
    Property size
    16,616 SF
    Property type
    Office Properties & Spaces
    Property subtype
    Office space

    Description

    This exceptional 16,616-square-foot creative office space in Los Angeles, California, presents a unique opportunity for a single tenant. Located at 12500 Beatrice Street, 90066, this newly renovated property boasts a spacious layout ideal for innovative businesses. Built in 1969 and situated on a 0.66-acre lot, the building offers ample room for expansion and customization. The high ceilings, measuring 16 feet, create a bright and airy atmosphere, perfect for showcasing creative work. The property includes 21 parking spaces, ensuring convenient access for employees and clients. Power is not an issue, with a robust 1,200 amps available. The entire 16,616 square feet is currently vacant and ready for immediate occupancy. This property is perfectly situated in Los Angeles, offering easy access to major transportation routes and a vibrant urban environment. The single-tenant occupancy allows for complete control and customization of the space to meet specific business needs. This is a rare opportunity to secure a large, well-appointed creative office space in a desirable Los Angeles location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.414
    Latitude
    33.9812

    Comparable in this City

    • Value Estimation by Request
      17,000 SF

      11600 Washington Pl

      Office space • 17,000 SF
      11600 Washington Pl, Culver City, CA 90066
      View Details
    • Value Estimation by Request
      104,200 SF

      12910 Culver Blvd

      Office space • 104,200 SF
      12910 Culver Blvd, Los Angeles, CA 90066
      View Details
    • Value Estimation by Request

      12474 Washington Blvd

      Individual retail properties
      12474 Washington Blvd, Los Angeles, CA 90066
      View Details
    • Value Estimation by Request
      4,300 SF

      11312-11314 Venice Blvd

      Office Properties & Spaces • 4,300 SF
      11312-11314 Venice Blvd, Los Angeles, CA 90066
      View Details
    • Value Estimation
      $630,000
      2,548 SF

      12300 Venice Blvd

      OFFICE BUILDING • 2,548 SF
      12300 Venice Blvd, Los Angeles, CA 90066-3802
      View Details
    • Value Estimation
      $5,620,000
      22,338 SF

      4105 Sawtelle Blvd

      OFFICE BUILDING • 22,338 SF
      4105 Sawtelle Blvd, Los Angeles, CA 90066
      View Details

    Similar Nearby for Sale

    • $3,515,000
      3,520 SF

      Venice Blvd Office Space

      Recently renovated office space with high-end finishes and modern amenities.
      12421 Venice Blvd, Los Angeles, CA 90066
      View Details
    • Contact for pricing
      4,642 SF

      Medical Offices in Foreclosure Sale

      Former urgent care and medical offices available for sale.
      209 N Pacific Ave, San Pedro, CA 90066
      View Details
    • $2,750,000
      4,500 SF

      Multi-Tenant Retail Opportunity in Mar Vista

      Two-building commercial property in the heart of Mar Vista.
      11605 W Washington Pl, Los Angeles, CA 90066
      View Details
    • Contact for pricing
      15,674 SF

      West Los Angeles Office Buildings

      Two office buildings for sale in West Los Angeles.
      11570 Colby Ave, Los Angeles, CA 90066
      View Details
    • $1,795,000
      2,400 SF

      Mar Vista Office Building For Sale

      Office building in prime Mar Vista location, ideal for various uses.
      12923 Venice Blvd, Los Angeles, CA 90066
      View Details
    • Contact for pricing

      Culver City Multifamily Investment Opportunity

      Six units with parking in a desirable Westside location.
      12510 Washington Pl, Culver City, CA 90066
      View Details

    Similar Nearby for Lease

    • $42 SF/Yr
      104,200 SF

      MediaWorks Creative Campus: Marina del Rey

      Prime Creative Office Space in LA
      12910 Culver Blvd, Los Angeles, CA 90066
      View Details
    • Contact for pricing
      35,551 SF

      Creative Office Space Available

      First floor creative office space with many amenities.
      12959 Coral Tree Pl, Los Angeles, CA 90066
      View Details
    • $2 SF/Yr
      70,000 SF

      Warehouse with Bonus Mezzanine Space

      70,000 SF warehouse with 25,000 SF bonus mezzanine.
      5300 Alla Rd, Los Angeles, CA 90066
      View Details
    • $49 SF/Yr
      16,616 SF

      Prime LA Creative Office Space

      16,616 SF, Newly Renovated, High Power
      12500 Beatrice St, Los Angeles, CA 90066
      View Details
    • $4,500 /Mo
      7,522 SF

      Venice Boulevard Retail/Office Space

      New retail or office space with high ceilings and natural light.
      12027 Venice Blvd, Los Angeles, CA 90066
      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.
    12500 Beatrice St
    Los Angeles, CA 90066
    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

    Google sign-in failed. Please try again or use another login method.