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Property profile & analytics
FOR LEASE
Office buildings
1206 Maple Ave Los Angeles, CA 90015
Entity Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0468606
For Lease
1 / 6
$13.80 SF/Yr
1206 Maple Ave, Los Angeles, CA 90015
View Listing →
Property summary
AI-generated overview
The Bendix Building, a stunning 11-story, Class C creative office building in Los Angeles, CA (90015), offers 173,631 square feet of unique workspace. Built in 1929, this Gothic Revival-style landmark features a distinctive rooftop sign visible from afar. Currently offering multiple tenancies, available spaces range from 980 to 6,000 square feet, perfect for a variety of creative businesses. The building boasts convenient amenities including freight elevators, package lockers, and below-deck parking, seamlessly blending its historic charm with modern functionality. Its prime location adjacent to Santee Alley in downtown Los Angeles provides excellent accessibility and visibility. This iconic building presents a rare opportunity to establish a presence in a thriving artistic community. The building includes elevators.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1929
Construction
CONCRETE
Total area
173,631 SF
Lot
0.51 ac (22,134 SF)
Zoning code
LAM2
APN
5145-027-011
UPID
US10-0468606
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
-
Skyline Suite (Bike/Boat/Book/etc) Store Photography Service
-
Monte Vista Projects Art Gallery
-
Bendix Building Art Gallery
-
Heidi Duckler Dance Theater & Performing Art Venue Training Center
-
in lieu Art Gallery
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$28.30M
Owner & transaction history
1206 Maple Avenue LLC · 11 yrs held
1206 Maple Avenue LLC
since 2015
4 recorded transactions
Zoning & alternative use
LAM2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Los Angeles submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Los Angeles submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$163 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$59,706
Tax year 2024
Assessed value
$1,950,893
Assessed 2024
Previous assessed
$1,950,893
+0.0% YoY
Effective rate
3.06%
On assessed value
Assessed land
$297,637
Assessed improvement
$1,653,256
Applied tax rate
13.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1929
Construction
CONCRETE
Heating
NONE
Total area
173,631 SF
Lot
0.51 ac (22,134 SF)
Zoning code
LAM2
APN
5145-027-011
UPID
US10-0468606
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAM2 · Los Angeles, CA
Zoning LAM2 · permitted uses
LAM2 · Los Angeles, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Los Angeles. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1929
Construction
CONCRETE
Heating
NONE
Lot
0.51 ac
Current owner
From public records · entity-resolved
1206 Maple Avenue LLC
Entity
Free & Clear · 11 yrs held
Mailing address
860 S LOS ANGELES ST STE #900, LOS ANGELES, CA 90014-3319
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2015
—
1206 Maple Avenue LLC
Big Munga Dev No 2 LLC
Quit Claim Deed
—
Dec 19, 2014
—
Hirsh Stanley
Big Munga Dev LLC
Grant Deed
—
Oct 21, 2003
—
Big Munda Development LLC
Hirsh,tr
Quit Claim Deed
related
—
Oct 4, 2002
—
Anita Hirsh
Hirsh,s
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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