Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1645 Vine St Los Angeles, CA 90028

    • Office Properties & Spaces
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Press Cabinet Inc / Marketing & Advertising / Advertising Agency
    • Dellamarie Parrilli - Parrilli Fine Art / Artist / Art Gallery
    • PARRILLIwear / Art Studio / Art Gallery
    • Hollywood Signs and Branding / Production Facility / Textile Manufacturer
    • Marleah Leslie & Associates / Marketing & Advertising / Advertising Agency

    Property Details for 1645 Vine St

    Property type
    Office Properties & Spaces
    Property subtype
    Office space

    Description

    This exceptional 2,532-square-foot creative office space in Los Angeles County is available for lease. Previously occupied by a law firm, this single-building, multi-tenant property boasts a modern design with glass-enclosed interior walls, high ceilings, and faux wood flooring. The space includes four offices/rooms, a large conference room, a full kitchen, and a storage room. Two full bathrooms are included, making it suitable for live/work arrangements. The unit features abundant natural light, a corner office, and reception/administrative desk fixtures (removable). Central HVAC with a private thermostat ensures climate control. The building offers 24/7 access and on-site security, along with a beautiful roof lounge (currently under renovation). Two on-site parking spaces are included. The lease term is a minimum of one year, with the possibility of a longer lease and negotiable rates after the first year. Landlord is open to modifications to suit tenant needs. Showings are by appointment only.

    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
    -118.327
    Latitude
    34.1012

    Comparable in this City

    • Value Estimation by Request
      3,250 SF

      1633-1637 Cosmo St

      Office space • 3,250 SF
      1633-1637 Cosmo St, Los Angeles, CA 90028
      View Details
    • Value Estimation by Request
      44,821 SF

      6904 Hollywood Blvd

      Individual retail properties • 44,821 SF
      6904 Hollywood Blvd, Los Angeles, CA 90028
      View Details
    • Value Estimation by Request

      1445 Highland Ave

      Office space
      1445 Highland Ave, Los Angeles, CA 90028
      View Details
    • Value Estimation by Request
      6,633 SF

      7022 Sunset Blvd

      Office space • 6,633 SF
      7022 Sunset Blvd, Los Angeles, CA 90028
      View Details
    • Value Estimation by Request

      6600 2Nd St

      Office space
      6600 2Nd St, Los Angeles, CA 90028
      View Details
    • Value Estimation by Request

      1344 Highland Ave

      Office space
      1344 Highland Ave, Los Angeles, CA 90028
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,250 SF

      Creative Office Space with Parking

      Creative office space featuring parking, open layout, and unique design.
      1633 Cosmo St, Los Angeles, CA 90028
      View Details
    • $639,000
      1,140 SF

      Hollywood Creative Office For Sale

      Creative office space in iconic Hollywood location near Pantages.
      6253 Hollywood Blvd, Los Angeles, CA 90028
      View Details
    • Contact for pricing
      20,000 SF

      Hollywood Creative Office Compound

      20,000 SF, Gated Compound, Redevelopment Potential
      1415 Cahuenga Blvd, Los Angeles, CA 90028
      View Details
    • $639,000
      1,140 SF

      Hollywood Office Space: Iconic Location

      Prime Hollywood office, Art Deco flair, abundant parking.
      6253 Hollywood Blvd, Hollywood, CA 90028
      View Details
    • Contact for pricing
      45,521 SF

      Prime Land and Building Portfolio

      Portfolio of land and buildings on Sunset and Highland.
      6751 W Sunset Blvd, Los Angeles, CA 90028
      View Details
    • Contact for pricing
      8,844 SF

      Multifamily Property Near Hollywood Blvd

      19-unit multifamily property near Hollywood Walk of Fame.
      1847 N Cherokee Ave, Los Angeles, CA 90028
      View Details

    Similar Nearby for Lease

    • $51 SF/Yr
      62,295 SF

      Hollywood Blvd Creative Office Space

      Prime Hollywood location, 62,295 SF available.
      6753 Hollywood Blvd, Los Angeles, CA 90028
      View Details
    • Contact for pricing
      5,010 SF

      Selma Avenue Multifamily Units

      8 one-bedroom units with laundry and staff office for lease.
      6560 W Selma Ave, Los Angeles, CA 90028
      View Details
    • Contact for pricing

      Sunset Boulevard Office/Restaurant Space

      Unique space with architectural charm, kitchen, and office/bar area.
      6525 Sunset Blvd, Los Angeles, CA 90028
      View Details
    • Contact for pricing

      Office Sublease in Hollywood

      Office space available for sublease in Hollywood, Los Angeles.
      Los Angeles, CA 90028
      View Details
    • $57 SF/Yr
      31,978 SF

      Hollywood Blvd Creative Office Space

      Prime Los Angeles Office, Multiple Suites Available
      7083 Hollywood Blvd, Los Angeles, CA 90028
      View Details
    • $54 SF/Yr
      34,703 SF

      Los Angeles Creative Office Space

      Sunset Blvd Creative Office Suites Available
      6725 Sunset Blvd, Los Angeles, CA 90028
      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.
    1645 Vine St
    Los Angeles, CA 90028
    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.
    Sign Up Successful!
    You now have access to more from Realmo!