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Property profile & analytics
FOR LEASE
Investment properties

1096 N Western Ave Los Angeles, CA 90029

18,148 SF 0.39 ac lot Built 1920
Entity Owned 21-yr Hold ~ Est. High Equity
Property ID
US09-6349810
Property summary
AI-generated overview

This exceptional commercial property, located at 1096 N Western Ave in Los Angeles, CA 90029, offers 8 individual executive office suites within a 6,799 square foot building. Currently, all 6,799 square feet are available for lease. Each suite offers a minimum of 460 square feet, with the largest contiguous space totaling 1,736 square feet. The property is ideally suited for multiple tenants seeking flexible and modern office space. Situated in the vibrant East Hollywood submarket, this location boasts a Walk Score of 94 out of 100, providing convenient access to numerous national retailers. The property benefits from a high-density population, with nearly 85,000 residents within a one-mile radius. This area is experiencing significant residential growth, with approximately 2,323 new residential units under development within a two-mile radius, further enhancing the property's long-term value and potential. Dedicated parking is available for tenants. The property is classified as Retail and Office, and is located in Los Angeles County. This presents a unique opportunity for businesses seeking a prominent location in a thriving and densely populated area.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1920
Construction TILT-UP CONCRETE
Total area 18,148 SF
Lot 0.39 ac (16,812 SF)
Zoning code LAC2
APN 5536-023-022
UPID US09-6349810
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Santa Monica Western Family Dental Office
  • NAARAS SALON Hair Salon
  • Holistic Hostice Inc Physician Alternative Medicine Practice
  • Ha Charles w DDS Dental Office
  • Enbioxpress California LLC Check Cashing
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$5.66M
Comparable Approach Comparable
$3.05M
Blend (final) Blend
$4.56M
Owner & transaction history
Jrp Management Co LLC · 21 yrs held
Jrp Management Co LLC
since 2005
7 recorded transactions
2017
Price N/A
2012
Price N/A
2005
$5.3M
2004
Price N/A
1994
Price N/A
1988
$2.1M
1988
$750,000
Zoning & alternative use
LAC2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $7.5M +37.1%
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