5800 Wilshire Blvd
Los Angeles, CA 90036
Miracle Mile Development Site · Land For Sale · 0.77 AC

Prime development site for boutique hotel, multi-family, commercial, or mixed-use applications. 21,102 SF of buildings on 33,592 SF of land. Owner/user for professional, creative or medical offices. Digital billboard potential. 5800 Wilshire Blvd property occupied by owner (can deliver vacant). Three separate buildings: 1) 11,400 sq.ft. 2-story office building with elevator; built in 1958 (renovated in 2004); open floor plans with conference rooms and private offices 2) 6,950 sq.ft. quadruplex built in 1928 (vacant); two 2-bedroom units and two 3-bedroom units built in 1928 (may be purchased separately) 3) 2,752 sq.ft. 2-story office building built in 1926 (vacant); built in 1926 Office parking: 54 vehicles | Quadruplex parking: 8 vehicles. Zoned LA C2-1, LA C4 and LA R3. Assessor’s parcel numbers 5089-010-005,006,007,008,009,023. 50,172 vehicles per day at Wilshire Blvd & Stanley Ave (2018). Situated in the heart of Museum Row across from the world famous La Brea Tar Pits, Hancock Park and the Los Angeles County Museum of Art (LACMA). Near the Peterson Automotive Museum, Craft & Folk Art Museum, Academy Museum of Motion Pictures and the El Rey Theater. The Wilshire Blvd “Miracle Mile” is home to a wide variety of businesses: retail, restaurants, advertising, publishing, hotels, fitness centers, entertainment firms, financial services, etc. City of Beverly Hills is situated one-half mile to the west. Easy access to Hollywood and Downtown Los Angeles. Located between La Cienega Blvd and La Brea Avenue. Frontage on Metro Purple Line subway (under construction). Directly across Wilshire Blvd from J.H. Snyder’s 21-story, 285 unit apartment complex development at 620 S Curson Ave.