Technical
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Property profile

752 Highland Ave Los Angeles, CA 90038

OFF-MARKET
Data centers and call centers
Property ID
US09-7058988
10,720 SF 0.27 ac lot Built 1948
Entity Owned 19-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 10,720-square-foot creative office space at 752-758 N. Highland Avenue in Los Angeles, CA 90038, presents a unique investment opportunity. Located in the heart of Hollywood's Media District, this single-tenant property boasts a prime location amongst renowned galleries, studios, restaurants, and boutiques. Built in 1948 and extensively renovated in 2015, the building features high ceilings ranging from 16 to 19 feet, providing ample space and creative potential. The property sits on a 0.27-acre lot and includes 10 convenient parking spaces. The building is a single-story structure, classified as Class C, and zoned C2. Its address is 752 Highland Ave, Los Angeles, CA 90038, with APN 5524-011-024. The entire 10,720 square feet is currently vacant, offering immediate occupancy for a wide range of creative businesses. The property's proximity to high-profile galleries such as Various Small Fires, Hannah Hoffman, Knoll, Kohn Gallery, and Regen Projects further enhances its desirability and potential for high-end tenants. This is an unparalleled chance to acquire a well-situated, renovated creative office space in a thriving Los Angeles neighborhood.

Property profile

Verified
Property type Data centers and call centers
Use group RADIO OR TV STATION
Year built 1948
Construction TILT-UP CONCRETE
Total area 10,720 SF
Lot 0.27 ac (11,693 SF)
Zoning code LAC2
APN 5524-011-024
UPID US09-7058988

Cap rate & NOI

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

Location

752 Highland Ave Los Angeles, CA 90038
Los Angeles metro Census 191902 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
$863k
Blend (final) Blend
$655k

Owner & transaction history

since 2007
7 recorded transactions
2007
$4.6M
2003
Price N/A
1996
Price N/A
1994
Price N/A
1994
Price N/A
1994
Price N/A
1990
Price N/A

Zoning & alternative use

LAC2 · Los Angeles, CA

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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