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Mixed Use on Wilshire 1648-1650 Wilshire Blvd 6,864 SF Office Building Los Angeles, CA 90017 $1,880,000 ($273.89/SF) 5.95% Cap Rate



INVESTMENT HIGHLIGHTS
- Heavy daytime foot traffic
EXECUTIVE SUMMARY
Seller Is Motivated! Short Sale!!!
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Short Sale
Property Type
Office
Property Subtype
Building Size
6,864 SF
Building Class
B
Year Built/Renovated
1903/2020
Price
$1,880,000
Price Per SF
$273.89
Cap Rate
5.95%
NOI
$111,860
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
2,288 SF
Building FAR
2.25
Lot Size
0.07 AC
Opportunity Zone
Yes
Zoning
C4-2, Los Angeles - Tier 3, Zoning C4-2, State Enterprise Zone, Transit Priority Area, Redevelopment Project Area: Westlake Recovery
AMENITIES
- 24 Hour Access
- Bus Line
- Conferencing Facility
- Convenience Store
- Day Care
- Fenced Lot
- Food Service
- Reception
- Storage Space
- Central Heating
- High Ceilings
- Natural Light
- Recessed Lighting
- Hardwood Floors
- Air Conditioning
- Smoke Detector
Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (89)
Bike Score®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | 5142-012-020 | Improvements Assessment | $546,820 |
| Land Assessment | $1,780,454 | Total Assessment | $2,327,274 |
PROPERTY TAXES
Parcel Number
5142-012-020
Land Assessment
$1,780,454
Improvements Assessment
$546,820
Total Assessment
$2,327,274
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Presented by
Allura Realty, Inc.
Mixed Use on Wilshire | 1648-1650 Wilshire Blvd
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