800 La Brea AveLos Angeles, CA 90038

Property Details for 800 La Brea Ave

Year built

1962

Lot size

0.30 AC

Property size (Sq ft)

12,000 SF

Zone code

LAC4

Property type

Retail properties

Property subtype

Parking lots & garages

APN

5525-005-037

APU

5525005037

Description

This exceptional Los Angeles property, located at 800-814 N La Brea Avenue, offers a unique opportunity for businesses seeking versatile commercial space. Situated on a prominent corner lot at Waring Avenue, this 3,000 square foot building features a flexible layout suitable for retail, office, or showroom uses. Two spaces are currently available, with minimum divisible units of 1,000 square feet and a maximum of 3,000 square feet per unit. The property boasts ample parking, both directly behind the building and in a separate, approximately 16,000 square foot lot, providing excellent convenience and visibility. This high-demand location in Los Angeles County, just north of Melrose Avenue, offers exceptional exposure and accessibility. Lease options are available for the entire property (building and parking lot) at $24,500 per month NNN, or individual units of retail/showroom space ranging from 1,000 to 3,000 square feet at $3.85 per square foot per month NNN. Alternatively, the 16,000 square foot parking lot can be leased separately for $13,000 per month NNN. This property presents a compelling opportunity to establish a presence in a thriving Los Angeles commercial corridor. The property's zip code is 90038.

• CAP approach

  CAP return

  Valuation

  6%

  $5,111,011

  6.5%

  $4,717,856

  7%

  $4,380,866

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,750,438

  Geo Method

  $5,750,438

• Alternative Use

  Use

  Valuation

  Residential

  $3,979,688

  Hospitality

  $3,645,373

  Educational

  $3,032,908

  Medical

  $3,137,214

  Retail

  $4,717,856

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0855

Longitude

-118.344

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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