2880 Olympic BlvdLos Angeles, CA 90006
- Healthcare properties
- 5,564 SF
Property Details for 2880 Olympic Blvd
- Year built
- 1988
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.15 AC
- Property size (Sq ft)
- 5,564 SF
- Zone code
- LAC2
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- 5078-015-027
- APU
- 5078015027
Description
This exceptional 3,300 square foot medical office space is located at 2880 W Olympic Blvd in Los Angeles, CA 90006. Situated on a 1.5-acre corner lot, this Class C building offers excellent visibility and high traffic exposure. The property, built in 1988 and extensively renovated in 2024, features a single-tenant occupancy in a two-story building with an elevator. The space, currently configured as a dental office, is ideal for a variety of medical uses. Recent upgrades include new flooring, paint, and a renovated foyer. The building boasts ample parking and a separate employee entrance for added convenience. The zoning is LAC2. The property's APN is 5078-015-027. This is a fantastic opportunity to acquire a well-maintained, updated medical office space in a highly desirable Los Angeles location with great signage potential. The entire second floor is available.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,612,112
- 6.5%
- $1,488,104
- 7%
- $1,381,811
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,058,050
- Geo Method
- $1,058,050
-
Alternative Use
- Use
- Valuation
- Residential
- $1,845,249
- Hospitality
- $1,690,238
- Educational
- $1,406,258
- Medical
- $1,454,622
- Retail
- $2,187,512
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 34.0524
- Longitude
- -118.297
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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