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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    13322 W Washington Blvd Los Angeles, CA 90232

    • Investment properties
    • 4,256 SF
    • 0.05 lot acres
    For Lease
    View listing
    $3 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-7825930
    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.

    Current Use by Public Records

    • Custom Tailoring By Fernando / Tailor
    • Amy Devault Interior Design / Interior Designer
    • Tacos La Opcion / Restaurant
    • MOI Nails Studio / Nail Salon
    • Fashion Tip Nail Bar / Nail Salon

    Property Details for 13322 W Washington Blvd

    Year built
    2005
    Construction
    WOOD
    Lot size
    0.05 lot acres
    Property size
    4,256 SF
    Zone code
    CCC3YY
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    4230-008-023
    APU
    4230008023

    Description

    Located in Los Angeles, CA 90066, at 13322 Washington Blvd (cross street: Redwood), this 6,400 square foot multi-tenant property offers 2,300 square feet of immediately available creative office space. The building is zoned CCC3YY (APN 4230-008-058) and situated in the vibrant 310 Venice Way submarket. Available spaces range from 450 to 2,300 square feet, ideal for a variety of businesses. The property enjoys high visibility and accessibility due to its location on a major thoroughfare, benefiting from significant foot and vehicle traffic. Its strategic location provides proximity to residential areas, commercial districts, and public transportation, ensuring a diverse customer base. The surrounding area boasts numerous amenities, including shopping centers, parks, and entertainment options. The diverse demographic, encompassing young professionals, families, and long-term residents, presents opportunities for various business models. Ongoing development and investment in the neighborhood suggest a positive economic outlook and increased demand for goods and services. Shared parking is available in a lot behind the building. The flexible zoning allows for retail, office, or mixed-use development. This is a fantastic opportunity to establish a presence in a thriving Los Angeles community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $885,000
      Market price range: $885k - $2.62M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.443
    Latitude
    33.9927
    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
    $8,732
    $171,294
    $536,679
    $707,973
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $6,310,000
      33,564 SF

      Los Angeles, CA 90066

      STORE/OFFICE (MIXED USE) • 33,564 SF
      Los Angeles, CA 90066
      View Details
    • Value Estimation
      $665,000
      4,110 SF

      4583 Centinela Ave

      STORE/OFFICE (MIXED USE) • 4,110 SF
      4583 Centinela Ave, Los Angeles, CA 90066-6248
      View Details
    • Value Estimation
      $1,270,000
      4,225 SF

      11311 Venice Blvd

      STORE/OFFICE (MIXED USE) • 4,225 SF
      11311 Venice Blvd, Los Angeles, CA 90066-3422
      View Details
    • Value Estimation
      $745,000
      2,415 SF

      13011 Washington Blvd

      STORE/OFFICE (MIXED USE) • 2,415 SF
      13011 Washington Blvd, Los Angeles, CA 90066-5123
      View Details
    • Value Estimation
      $625,000
      2,908 SF

      13024 Washington Blvd

      STORE/OFFICE (MIXED USE) • 2,908 SF
      13024 Washington Blvd, Los Angeles, CA 90066-5124
      View Details
    • Value Estimation
      $1,145,000
      5,022 SF

      13203 Washington Blvd

      STORE/OFFICE (MIXED USE) • 5,022 SF
      13203 Washington Blvd, Los Angeles, CA 90066-5105
      View Details

    Similar Nearby for Sale

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      Entitled Mixed-Use Development Opportunity

      Fully entitled mixed-use project in Culver West neighborhood.
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      Culver City Multifamily Investment Opportunity

      Six units with parking in a desirable Westside location.
      12510 Washington Pl, Culver City, CA 90066
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    • $5,490,000

      Land in Prime Location

      Land with location value, close to included properties.
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      Mar Vista Developer Opportunity

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    Similar Nearby for Lease

    • $3 SF/Yr
      2,360 SF

      Retail Space Available For Lease

      Retail space available for lease in Los Angeles, CA.
      12740 Culver Blvd, Los Angeles, CA 90066
      View Details
    • Contact for pricing

      Leased Warehouse Property

      100% leased warehouse and industrial property in Los Angeles.
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      View Details
    • $1.95 SF/Yr
      48,100 SF

      Office Space with Open Floor

      Office space featuring open floor plans and ample parking.
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    • $3 SF/Yr
      700 SF

      Retail/Office Space on Corner Lot

      Small retail or office space suitable for various businesses.
      11706 Culver Blvd, Los Angeles, CA 90066
      View Details
    • $3 SF/Yr
      34,777 SF

      Office Space for Lease

      Available office space in Los Angeles, CA.
      5340 Alla Rd, Los Angeles, CA 90066
      View Details
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    Los Angeles, CA 90232
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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