1976 La Cienega BlvdLos Angeles, CA 90034

Property Details for 1976 La Cienega Blvd

Year built

1977

Construction

WOOD

Lot size

0.35 AC

Property size (Sq ft)

6,814 SF

Zone code

LAC2

Property type

Retail properties

Property subtype

Community centers

APN

5066-004-024

APU

5066004024

Description

This exceptional retail property, located at 1976 S La Cienega Blvd in Los Angeles, CA 90034, presents a unique investment opportunity. Situated on a signalized corner, this 11,440 square foot shopping center benefits from exceptional visibility and high foot traffic. Currently, one suite totaling 1,100 square feet is available for lease. The property is conveniently located in Los Angeles County and is adjacent to Kaiser Permanente, ensuring a consistent flow of potential customers. The building's prime location on La Cienega Boulevard offers unparalleled exposure to a diverse demographic. This is an ideal space for a variety of retail businesses seeking a high-visibility location with strong potential for growth. The single suite offers flexibility for a variety of uses, and the overall property is well-maintained and ready for immediate occupancy. The property's strategic location near a major medical facility further enhances its appeal and potential for success. Don't miss this chance to secure a prominent retail space in a thriving Los Angeles neighborhood. Contact us today to learn more about this exciting opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $2,902,202

  6.5%

  $2,678,956

  7%

  $2,487,602

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,265,290

  Geo Method

  $3,265,290

• Alternative Use

  Use

  Valuation

  Residential

  $2,259,800

  Hospitality

  $2,069,964

  Educational

  $1,722,186

  Medical

  $1,781,415

  Retail

  $2,678,956

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0405

Longitude

-118.377

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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