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870 Vine St 14,808 SF 100% Leased Office Building Los Angeles, CA 90038 $9,260,000 ($625.34/SF)
Investment Highlights
- Single or Multi-Tenant Property
- Mixture of Private Offices and Open Bull Pen
- Roll up Door
- Excellent Owner User or Investment opportunity for general office, production, or post-production uses
- Security Bank Vault With Door
- Signage Rights With City Permit
Executive Summary
• Single or Multi-Tenant Property
• Excellent Owner User or Investment opportunity for general office, production, or post-production uses
• Mixture of Private Offices and Open Bull Pen
• Security Bank Vault With Door
• Roll up Door
• Signage Rights With City Permit
• Heart of Hollywood Production Studios
• Two-story with elevator and stairs. The 2nd floor can have a separate entrance
• Operable windows
• Excellent Owner User or Investment opportunity for general office, production, or post-production uses
• Mixture of Private Offices and Open Bull Pen
• Security Bank Vault With Door
• Roll up Door
• Signage Rights With City Permit
• Heart of Hollywood Production Studios
• Two-story with elevator and stairs. The 2nd floor can have a separate entrance
• Operable windows
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
14,808 SF
Building Class
B
Year Built
1982
Price
$9,260,000
Price Per SF
$625.34
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,404 SF
Slab To Slab
11’
Building FAR
0.89
Lot Size
0.38 AC
Opportunity Zone
Yes
Zoning
LAC2
Parking
40 Spaces (2.7 Spaces per 1,000 SF Leased)
Amenities
- Property Manager on Site
- Signage
1 1
Very walkable
80/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 5534-030-025 | Improvements Assessment | $2,254,457 |
| Land Assessment | $761,993 | Total Assessment | $3,016,450 |
Property Taxes
Parcel Number
5534-030-025
Land Assessment
$761,993
Improvements Assessment
$2,254,457
Total Assessment
$3,016,450
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870 Vine St
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