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    7366 Beverly Blvd Los Angeles, CA 90036

    • Retail space
    • 5,810 SF
    • 0.19 lot acres
    For Lease
    View listing
    $60 SF/Yr
    Value Estimations
    $250,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-7713201
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Modernica / Furniture Maker / Furniture Store

    Property Details for 7366 Beverly Blvd

    Year built
    1952
    Construction
    WOOD
    Lot size
    0.19 lot acres
    Property size
    5,810 SF
    Zone code
    LAC2
    Property type
    Retail space
    APN
    5512-014-003
    APU
    5512014003

    Description

    This exceptional West Hollywood retail property, located at 7366-7386 Beverly Boulevard, offers 20,486 square feet of vacant space, ideal for multiple tenants. The property boasts a prime location on a high-traffic street, surrounded by a diverse mix of restaurants, designer boutiques, fitness studios, art galleries, and more. This is a rare opportunity, as the space has been available for the first time in approximately 30 years. The single-story building features an open floor plan with polished concrete floors, abundant natural light from large windows and skylights, and high ceilings. Additional features include private restrooms, floated walls, and adjustable gimbal recessed spotlighting. Parking is readily available, with up to 30 tandem parking spaces offered free of charge (at a rate of 2 spaces per 1,000 square feet). The minimum divisible space is 1,150 square feet, with a maximum contiguous space of 14,809 square feet. The property is zoned LAC2 and is situated in Los Angeles County, within the West Hollywood submarket, with a cross street of Martel Avenue. The address is 7366-7386 Beverly Boulevard, Los Angeles, CA 90036. This unique property presents a remarkable chance to establish a presence in a vibrant and highly sought-after location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Estimation
      $270,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $215,000
      6.5%
      $240,000
      7%
      $210,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $245,000
      Geo Method
      $205,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $180,000
      Retail
      $210,000
      Mixed-Use
      $235,000
      Hospitality
      $230,000
      Educational
      $185,000
      Residential Income
      $200,000
      Energy
      $190,000
      Income-Based Land
      $185,000
      Food Service
      $240,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.351
    Latitude
    34.0759
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $4,269
    $138,318
    $134,991
    $273,309
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
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      View Details
    • Value Estimation by Request
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      367 Fairfax Ave

      RETAIL STORES (PERSONAL SERVICES) • 8,654 SF
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    • Value Estimation by Request
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      115 Fairfax Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,065 SF
      115 Fairfax Ave, Los Angeles, CA 90036-2110
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    • Value Estimation by Request
      37,970 SF

      5407 Wilshire Blvd

      RETAIL STORES (PERSONAL SERVICES) • 37,970 SF
      5407 Wilshire Blvd, Los Angeles, CA 90036-4203
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    • Value Estimation by Request
      4,800 SF

      315 La Brea Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,800 SF
      315 La Brea Ave, Los Angeles, CA 90036-2517
      View Details
    • Value Estimation by Request
      7,553 SF

      101 Fairfax Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,553 SF
      101 Fairfax Ave, Los Angeles, CA 90036-2110
      View Details

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    Similar Nearby for Lease

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      Retail Space on Beverly Blvd

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      Beverly Boulevard Retail Space Available

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    7366 Beverly Blvd
    Los Angeles, CA 90036
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    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.

    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
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