10390 Santa Monica BlvdLos Angeles, CA 90025

  • Office properties
  • 77,183 SF
For Lease
$57/SF/YR View listing

Property Details for 10390 Santa Monica Blvd

Year built
1986
Construction
CONCRETE
Lot size
0.57 AC
Property size (Sq ft)
77,183 SF
Zone code
LAC2
Property type
Office properties
Property subtype
Office buildings
APN
4319-009-093
APU
4319009093

Description

This exceptional Class A medical office building, located at 10390 Santa Monica Blvd in Los Angeles, CA 90025, offers 9,865 square feet of fully vacant space. The property is situated in the heart of Century City, steps from Westfield Century City mall (featuring a recent $850 million expansion) and near Beverly Hills. Multiple suites are available, ranging from a minimum of 1,745 square feet to a maximum contiguous space of 8,120 square feet. The building boasts a prime location, strategically positioned for medical, legal, and entertainment businesses. Its proximity to major medical centers, including the California Rehabilitation Institute, Ronald Reagan UCLA Medical Center, and Cedars-Sinai Medical Center, provides unparalleled convenience. Recently completed multi-million dollar renovations include upgrades to elevators, common areas, restrooms, and signage. The building offers ample parking with a ratio of 3.0 spaces per 1,000 square feet. Further improvements are currently under review by ownership. This is a rare opportunity to secure premium medical office space in one of Los Angeles's most desirable locations. Los Angeles County.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $18,691,676
    6.5%
    $17,253,856
    7%
    $16,021,437
  • Comparable approach

    Method
    Valuation
    Relative Method
    $14,658,550
    Geo Method
    $14,677,119
  • Alternative Use

    Use
    Valuation
    Residential
    $21,394,780
    Hospitality
    $19,597,504
    Educational
    $16,304,894
    Medical
    $16,865,644
    Retail
    $25,363,168
10390 Santa Monica Blvd, Los Angeles, California
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Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0574
Longitude
-118.423
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
$509,759
$8,704,392
$33,076,699
$41,781,091
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