124 La Brea Ave Los Angeles, CA 90036-2997
Property profile & analytics
124 La Brea Ave Los Angeles, CA 90036-2997
- Office buildings
- 5,088 SF
- 0.10 lot acres
Property ID
US09-9600013
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- The Bernhard Heyman Center for Chiropractic Health & Wellness / Alternative Medicine Practice
- Andrew Friedman Law Offices / Law Firm
- Traditional Jewish Medicine / Medical Clinic
- Chirohealth Institute / Alternative Medicine Practice
- Karolina Manvelyan Chiropractic APC / Alternative Medicine Practice
Property Details for 124 La Brea Ave
- Year built
- 1986
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.10 lot acres
- Property size
- 5,088 SF
- Zone code
- LAC2
- Property type
- Office buildings
- APN
- 5513-003-013
- APU
- 5513003013
Description
This exceptional Los Angeles office building, located at 124 N. La Brea Avenue, presents a compelling investment opportunity for owner-users or investors. The property boasts 5,088 square feet of space within a two-story, single-building structure constructed in 1986. Currently operating at 50% occupancy, the building offers significant potential for increased revenue. The property is classified as Class C and is zoned C2, providing flexibility for a variety of commercial uses. The building's traditional office layout is adaptable to various business needs. Its prime location in Los Angeles, within Los Angeles County, and the 90036 zip code, offers excellent access to transportation and amenities. The property is being offered for sale by the owner and can be delivered vacant, providing immediate control and customization for the new owner. This is a rare opportunity to acquire a well-situated office building in a thriving Los Angeles market. The building's solid construction and flexible zoning make it an ideal investment for long-term growth and profitability. Serious inquiries are encouraged.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,145,000
- 6.5%
- $1,980,000
- 7%
- $1,840,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,459,000
Market price range: $1.21M - $4.03M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,555,000 Current use
- AUTO REPAIR, GARAGE
- $2,765,000 Change: +8% Conversion: Difficult
- MEDICAL BUILDING
- $2,320,000 Change: -9% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $2,155,000 Change: -16% Conversion: Difficult
- RETAIL STORES
- $2,090,000 Change: -18% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.344
- Latitude
- 34.0744
- 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
$12,278
$448,061
$518,714
$966,775
-
$0.00
$0.00
$0.00
