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4950 Wilshire Blvd 7,861 SF Vacant Office Building Los Angeles, CA 90010 $12,000,000 ($1,526.52/SF)
Investment Highlights
- Nestled in the heart of Los Angeles, Miracle Mile is surrounded by a vibrant tapestry of neighborhoods.
- Several parks and recreational sites that provide opportunities for relaxation and outdoor activities
- Miracle Mile enjoys excellent public transportation options
Executive Summary
America Partner of Keller Williams Beverly Hills is pleased to present the sale or lease of 4950 Wilshire Blvd a 7,861 square foot office building situated on a on a 25,578 square foot lot located in Prime Miracle Mile, zoned CR(PKM)-1 Tier 3 TOC. The general plan land use allows for 63 units by right or 96 units statewide density bonus.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
7,861 SF
Building Class
C
Year Built
1945
Price
$12,000,000
Price Per SF
$1,526.52
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,861 SF
Building FAR
0.31
Lot Size
0.59 AC
Zoning
CR, Los Angeles - Limited Commercial
Parking
24 Spaces (2.39 Spaces per 1,000 SF Leased)
Amenities
- Courtyard
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Floor
- 7,861 SF
- Office
- Partial Build-Out
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 7,861 SF | Office | Partial Build-Out | Now |
1st Floor
| Size |
| 7,861 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
1 1
Very walkable
80/100
Exceptionally drivable
90/100
Good public transit
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 5507-029-012 | Improvements Assessment | $55,269 |
| Land Assessment | $7,945,181 | Total Assessment | $8,000,450 |
Property Taxes
Parcel Number
5507-029-012
Land Assessment
$7,945,181
Improvements Assessment
$55,269
Total Assessment
$8,000,450
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4950 Wilshire Blvd
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