Log In/Sign Up
Your email has been sent.
3100 Wilshire Blvd 39,098 SF 100% Leased Retail Building Los Angeles, CA 90010 $9,900,000 ($253.21/SF)
INVESTMENT HIGHLIGHTS
- 3100 Wilshire Boulevard is in a central location with convenient access to the 10, 101 and 110 freeways.
- The building was built with high bow-truss ceilings throughout the 2nd floor.
- Although currently retail, the flexibility of the zoning leaves open the possibility of an office user, medical office user or retail.
- The location has a proven track record of demand and success that speaks to the viability of the development.
- There is a large secured dedicated surface parking lot with direct access to the building.
- The property is entitled for a mixed use development with 297 residential units including 33 affordable units and 7,110 SF of retail space.
EXECUTIVE SUMMARY
Kidder Mathews takes great pleasure in presenting 3100 Wilshire Boulevard, a well located Koreatown retail building with future development potential.
The location is at a premium address in highly desirable Koreatown submarket. 3100 Wilshire includes a large secured surface parking lot with direct access to the building. The property is adjacent to Hollywood and Downtown submarkets of Los Angeles, with convenient access to the 10, 101, and 110 freeways.
3100 Wilshire is nearly fully vacant with only two small month-to-month tenants. This provides the buyer with both flexibility and opportunity. The flexibility is the possibility of a user purchase by either an office user, medical office user or retail repositioning buyer. The opportunity is the future development potential of the property.
The location is at a premium address in highly desirable Koreatown submarket. 3100 Wilshire includes a large secured surface parking lot with direct access to the building. The property is adjacent to Hollywood and Downtown submarkets of Los Angeles, with convenient access to the 10, 101, and 110 freeways.
3100 Wilshire is nearly fully vacant with only two small month-to-month tenants. This provides the buyer with both flexibility and opportunity. The flexibility is the possibility of a user purchase by either an office user, medical office user or retail repositioning buyer. The opportunity is the future development potential of the property.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
39,098 SF
Building Class
C
Year Built
1939
Price
$9,900,000
Price Per SF
$253.21
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.19
Lot Size
0.75 AC
Opportunity Zone
Yes
Zoning
C4-4-C - Commercial
Parking
34 Spaces (0.87 Spaces per 1,000 SF Leased)
Frontage
149’ on Wilshire Blvd
Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (79)
Bike Score®
Very Bikeable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5077-011-001 | Improvements Assessment | $9,263,181 |
| Land Assessment | $9,077,261 | Total Assessment | $18,340,442 |
PROPERTY TAXES
Parcel Number
5077-011-001
Land Assessment
$9,077,261
Improvements Assessment
$9,263,181
Total Assessment
$18,340,442
1 of 14
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
3100 Wilshire Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.