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1415 N Cahuenga Blvd Los Angeles, CA 90028

Office buildings Google Maps
23,808 SF 0.55 ac lot Built 1981
Entity Owned 5-yr Hold ~ Est. High Equity
Estimated value (blended)
$8.23M
Range $7.40M – $9.05M (±10%)
Property ID US09-7329560

Property summary

AI-generated overview

This exceptional 20,000-square-foot creative office compound in Los Angeles, CA presents a unique owner-user, investment, or redevelopment opportunity. Situated on a 23,945-square-foot lot in the heart of Hollywood, just south of Sunset Boulevard on Cahuenga Boulevard, this Class B building boasts a secure gated entrance and ample parking (49 spaces). Built in 1982 and zoned C4-2D, the property features a renovated interior with high ceilings, abundant natural light, a high-ceiling lobby with a water feature, an elevator, an interconnecting stairwell, and a 35-seat screening room. The existing layout includes executive and production offices, post-production pods, collaboration areas, and kitchenettes with seating. The property's prime location within the Hollywood Media District offers proximity to major studios and production houses, surrounded by high-profile entertainment tenants, new mixed-use residential developments, and hotels. The property's versatility and location make it ideal for a variety of uses, offering significant potential for future development or continued operation as a thriving creative office space. The property is located at 1415 N Cahuenga Blvd, Los Angeles, CA 90028.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1981
Construction TILT-UP CONCRETE
Total area 23,808 SF
Lot 0.55 ac (23,943 SF)
Zoning code LAC4
APN 5546-014-053
UPID US09-7329560

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Corporate Office
  • (Bike/Boat/Book/etc) Store Corporate Office
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Association / Organization Personal Injury Attorney
  • Construction Company General Contractor

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.08M
CAP Approach CAP
$9.28M
Comparable Approach Comparable
$10.99M
Blend (final) Blend
$8.23M

Owner & transaction history

since 2021
Last sale
$8.5M
7 recorded transactions
2021
$8.5M
2021
Price N/A
2005
Price N/A
2004
$4.2M
2001
Price N/A
1993
Price N/A
1969
Price N/A

Zoning & alternative use

LAC4 · Los Angeles, CA
Top alternative use upside
Auto repair, garage $12.9M +8.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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