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
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    860 Vía De Ln Paz Los Angeles, CA 90272

    • Office Properties & Spaces
    • 4,734 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 860 Vía De Ln Paz

    Property size
    4,734 SF
    Property type
    Office Properties & Spaces
    Property subtype
    Medical offices

    Description

    This exceptional 4,734 square foot multi-use office building in the prestigious Pacific Palisades area of Los Angeles, California, presents a unique leasing opportunity. Currently, 2,110 square feet of prime space is immediately available, ideal for a variety of businesses. The building's flexible design caters to executive office suites, coworking spaces, or medical office practices. Located at 860 Via De La Paz, 90272, this property boasts a highly desirable address within Los Angeles County. The building's versatile layout allows for customization to meet specific tenant needs. The available space offers ample room for growth and expansion, making it an attractive option for businesses of all sizes. Its prime location in Pacific Palisades provides excellent visibility and accessibility, with convenient access to major transportation routes. This is an exceptional opportunity to secure a well-appointed office space in one of Los Angeles' most sought-after neighborhoods. The building's multiple tenancy structure allows for a diverse and vibrant community of businesses. Don't miss this chance to establish your business in this thriving area. Contact us today to schedule a viewing and explore the possibilities.

    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
    -118.527
    Latitude
    34.0466

    Comparable in this City

    • Value Estimation by Request
      1 SF

      910 Vía De Ln Paz

      Medical offices • 1 SF
      910 Vía De Ln Paz, Los Angeles, CA 90272
      View Details
    • Value Estimation by Request

      17383 Sunset Blvd

      Office Properties & Spaces
      17383 Sunset Blvd, Los Angeles, CA 90272
      View Details
    • Value Estimation by Request
      11,547 SF

      15415 Sunset Blvd

      Mixed-use properties • 11,547 SF
      15415 Sunset Blvd, Los Angeles, CA 90272
      View Details
    • Value Estimation by Request
      9,099 SF

      15150 Sunset Blvd

      Office Properties & Spaces • 9,099 SF
      15150 Sunset Blvd, Los Angeles, CA 90272
      View Details
    • Value Estimation
      $1,985,000
      27,513 SF

      15441 Sunset Blvd

      HOMES (RETIRED, NURSING) • 27,513 SF
      15441 Sunset Blvd, Pacific Palisades, CA 90272-3525
      View Details
    • Value Estimation by Request
      3,688 SF

      881 Toyopa Dr

      HOMES (RETIRED, NURSING) • 3,688 SF
      881 Toyopa Dr, Pacific Palisades, CA 90272
      View Details

    Similar Nearby for Sale

    • $2,895,000
      0.32 Acres

      Prime Land with Ocean View Potential

      Large lot in Pacific Palisades with potential ocean and canyon views.
      651 Erskine Dr, Pacific Palisades, CA 90272
      View Details
    • $1,295,000

      Land for Sale

      Land available for purchase.
      1424 Chautauqua Blvd, Pacific Palisades, CA 90272
      View Details
    • $1,695,000

      Land for Sale

      Land available for sale.
      1210 Las Lomas Pl, Pacific Palisades, CA 90272
      View Details
    • $2,100,000
      0.30 Acres

      Pacific Palisades Land Opportunity

      Cleared land parcel in desirable Pacific Palisades neighborhood.
      16320 Akron St, Pacific Palisades, CA 90272
      View Details
    • $1,750,000
      0.08 Acres

      Ocean-Facing Land in Pacific Palisades

      Land with plans for a modern, ocean-view residence.
      17820 Castellammare Dr, Pacific Palisades, CA 90272
      View Details
    • $1,795,000
      0.29 Acres

      Pacific Palisades Land with Ocean Views

      Rare lot in desirable neighborhood with ocean views and convenience.
      820 Jacon Way, Pacific Palisades, CA 90272
      View Details

    Similar Nearby for Lease

    • $49 SF/Yr
      11,448 SF

      Monument St Office Suite 110

      Prime LA Office Space: 1,100-2,200 sq ft
      984 Monument St, Los Angeles, CA 90272
      View Details
    • $5 SF/Yr
      9,099 SF

      Prime Pacific Palisades Office Space

      9,099 SF Freestanding Retail/Office
      15150 Sunset Blvd, Los Angeles, CA 90272
      View Details
    • Contact for pricing

      Prime Retail Space in Palisades

      Divisible retail space in the iconic Clock Tower, prime location.
      15207 Sunset Blvd, Los Angeles, CA 90272
      View Details
    • Contact for pricing

      Retail Space with Drive-Thru

      One-story retail space with drive-thru and street frontage.
      Los Angeles, CA 90272
      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.
    860 Vía De Ln Paz
    Los Angeles, CA 90272
    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.