4052 Del Rey AveMarina del Rey, CA 90292

Property Details for 4052 Del Rey Ave

Year built

1989

Construction

TILT-UP CONCRETE

Lot size

0.94 AC

Property size (Sq ft)

21,990 SF

Zone code

LACM(GM)

Property type

Office properties

Property subtype

Other office properties

APN

4230-004-023

APU

4230004023

Description

This exceptional creative office space at 4052 Del Rey Ave., Marina del Rey, CA 90292, offers a unique opportunity for businesses seeking a vibrant and convenient location. The property, a Class B building constructed in 1989, boasts a total of 2,572 square feet, with flexible lease options ranging from 1,000 to 2,572 contiguous square feet. The space features a sought-after loft-style design, perfect for creative industries. The building is situated in a highly desirable area, zoned CM, and benefits from a secure gated parking lot, providing peace of mind for tenants and their employees. Enjoy the convenience of a walkable location with easy access to a variety of restaurants and retail amenities. Furthermore, a shared, outdoor shaded patio area offers a relaxing space for employees and clients. The property's Los Angeles County location (APN 4230-004-023) provides excellent access to major transportation routes and other key business centers. This multiple-tenancy building presents a fantastic opportunity to establish a presence in a thriving coastal community. The available space is ideal for a variety of businesses seeking a stylish and functional workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $5,080,344

  6.5%

  $4,689,548

  7%

  $4,354,580

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,181,618

  Geo Method

  $4,181,618

• Alternative Use

  Use

  Valuation

  Residential

  $5,815,040

  Hospitality

  $5,326,546

  Educational

  $4,431,623

  Medical

  $4,584,034

  Retail

  $6,893,636

Location Insight

City

Marina Del Rey

County

Los Angeles

State

California

Latitude

33.9898

Longitude

-118.445

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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