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    Property profile & analytics

    1554 Sepulveda Blvd Los Angeles, CA 90025

    • Office buildings
    • 19,834 SF
    • 0.35 lot acres
    For Lease
    View listing
    Last Sale
    Mar 28, 2023
    $9,343,093
    Value Estimations
    $9,355,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-6522503
    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

    • Mark G. Barad, MD, PhD / Physician
    • Greg Kesabyan - State Farm Insurance Agent / Insurance Agency
    • State Farm Insurance / Insurance Agency
    • Hair Maiden India / Big Box & Wholesale Store
    • Karisma Properties LLC / Business Service Center / Corporate Office

    Property Details for 1554 Sepulveda Blvd

    Year built
    1949
    Construction
    TILT-UP CONCRETE
    Lot size
    0.35 lot acres
    Property size
    19,834 SF
    Zone code
    LAC2
    Property type
    Office buildings
    APN
    4324-020-017
    APU
    4324020017

    Description

    This exceptional executive office space, located at 1554 S Sepulveda Blvd in Los Angeles, CA 90025, offers a total of 1,800 square feet currently available for lease. The property is situated in Los Angeles County and presents a fantastic opportunity for businesses seeking a prestigious address in West Los Angeles. The space is divisible, with a minimum leasable area of 800 square feet and a maximum contiguous space of 1,000 square feet. The entire 1,800 square foot building is currently vacant, providing flexibility for a single tenant or the possibility of dividing the space to accommodate multiple occupants. This boutique office building provides a modern and efficient workspace, ideal for businesses seeking a professional and convenient location. The property's address is easily accessible, offering excellent visibility and convenient access to major transportation routes. This is an exceptional opportunity to secure high-quality office space in a desirable West Los Angeles location. Interested parties are encouraged to inquire for further details and leasing options. The property is classified as an office building with an executive office subtype and multiple tenancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $9,250,000
      ML approach
      $9,485,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $8,370,000
      6.5%
      $7,725,000
      7%
      $7,175,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $11,669,000
      Market price range: $4.71M - $15.7M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $9,955,000
      Current use
      AUTO REPAIR, GARAGE
      $10,780,000
      Change: +8% Conversion: Difficult
      MEDICAL BUILDING
      $9,035,000
      Change: -9% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $8,400,000
      Change: -16% Conversion: Difficult
      RETAIL STORES
      $8,145,000
      Change: -18% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.445
    Latitude
    34.0495
    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
    $117,389
    $7,489,860
    $2,089,000
    $9,578,860
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,390,000
      8,040 SF

      2035 Westwood Blvd

      OFFICE BUILDING • 8,040 SF
      2035 Westwood Blvd, Los Angeles, CA 90025-6332
      View Details
    • Value Estimation
      $3,640,000
      15,451 SF

      2050 Westgate Ave

      OFFICE BUILDING (MULTI-STORY) • 15,451 SF
      2050 Westgate Ave, Los Angeles, CA 90025-6119
      View Details
    • Value Estimation
      $4,545,000
      254,229 SF

      12400 Wilshire Blvd

      OFFICE BUILDING (MULTI-STORY) • 254,229 SF
      12400 Wilshire Blvd, Los Angeles, CA 90025-1019
      View Details
    • Value Estimation
      $24,650,000
      149,777 SF

      12424 Wilshire Blvd

      OFFICE BUILDING (MULTI-STORY) • 149,777 SF
      12424 Wilshire Blvd, Los Angeles, CA 90025-1052
      View Details
    • Value Estimation
      $27,930,000
      500,629 SF

      11601 Wilshire Blvd

      OFFICE BUILDING (MULTI-STORY) • 500,629 SF
      11601 Wilshire Blvd, Los Angeles, CA 90025-0509
      View Details
    • Value Estimation by Request
      402 SF

      10444 Santa Monica Blvd Ste, Unit 302

      PROFESSIONAL BUILDING • 402 SF
      10444 Santa Monica Blvd Ste, Los Angeles, CA 90025-5057
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
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    Los Angeles, CA 90025
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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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