Vacant Multi-Tenant
For Sale
Contact for pricing
12071 Wilshire Blvd, Los Angeles, CA 90025
Existing improvements support retail repositioning or owner occupancy along Wilshire Boulevard.
Property SizeContact for details
Days on Market145
Property Features for 12071 Wilshire Blvd
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
WESTMAC
Listed By:
T.C. Macker · License #CA 01232033
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 2:30PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WESTMAC
Investment Insights
Based on property information with market context.
This approximately 2,320-square-foot storefront building contains multiple tenant spaces and is currently vacant. The property can support retail redevelopment or an owner-user strategy, while a ground lease structure is also available. Potential cannabis dispensary use has been identified, subject to buyer verification.
The building sits along Wilshire Boulevard near Bundy Drive in Los Angeles. A shared easement with the adjacent Ralph’s grocery store provides access to the property’s parking area. The total land area is approximately 6,600 square feet, offering an existing commercial site with retail-oriented improvements and shared parking access.
The building sits along Wilshire Boulevard near Bundy Drive in Los Angeles. A shared easement with the adjacent Ralph’s grocery store provides access to the property’s parking area. The total land area is approximately 6,600 square feet, offering an existing commercial site with retail-oriented improvements and shared parking access.
Key Highlights
- Approximately 2,320‑square‑foot multi‑tenant retail building
- Currently vacant with retail redevelopment or owner‑user potential
- Approximately 6,600‑square‑foot total land area
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,973
Businesses Nearby
227k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 45%
Superstores 21%
Dining 19%
Apparel 10%
Target
Superstores
46,683 visits/mo
0.4 miles
Ralphs
Groceries
46,508 visits/mo
0.1 miles
McDonald's
Dining
31,667 visits/mo
0.2 miles
Smart & Final
Groceries
28,741 visits/mo
0.3 miles
Bristol Farms
Groceries
27,520 visits/mo
0.5 miles
Demographics for 90025, CA
45,466
Population
24,965
Households
1.8
Avg Household Size
36
Median Age
70%
College-Educated
95%
High-School Grad
2.6 sq mi
ZIP Area
17,487
Density / Sq Mi
$104,627
Median Household Income
$70,713
Median Earnings
$2,465
Median Rent
$1,081,400
Median Home Value
Market
Vacancy Rate% for Retail in Los Angeles, CA
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Frequently Asked Questions
What type of property is this?
Storefront property - Existing improvements support retail repositioning or owner occupancy along Wilshire Boulevard.
Where is this storefront property located?
The property is located at 12071 Wilshire Blvd Los Angeles, CA.
What are key features of this property?
This property features: Approximately 2,320‑square‑foot multi‑tenant retail building; Currently vacant with retail redevelopment or owner‑user potential; Approximately 6,600‑square‑foot total land area
