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    3100 Wilshire Blvd Los Angeles, CA 90010

    For Sale
    Contact for pricing

    Prime LA location, high-ceiling space, value-add potential.

    Property size:
    39,098 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional mixed-use property at 3100 Wilshire Boulevard in Los Angeles, CA, presents a compelling investment opportunity. The 39,098 square foot building, constructed in 1939, is situated on a 32,857 square foot lot and features a desirable C4-4-C zoning designation. Currently configured as a storefront and traditional office space, this Class B property offers significant flexibility. The building boasts impressive high bow-truss ceilings on the second floor and a large secured surface parking lot. Its central location provides convenient access to the 10, 101, and 110 freeways, placing it within easy reach of Downtown LA, Hollywood, Silverlake, and Mid-Wilshire. The property benefits from its location in an area experiencing significant redevelopment, demonstrating strong market demand. Furthermore, existing entitlements allow for a substantial mixed-use development project, including 297 residential units (with 33 designated as affordable) and 7,110 square feet of retail space. This presents a unique chance to capitalize on the area's growth and create a high-value, multi-faceted development. The property consists of one building with two stories and has the APN numbers 5077-011-001, 003, 005. This is a value-add investment opportunity with significant upside potential.

    Property Features for 3100 Wilshire Blvd

    General Information

    Property type
    Individual retail properties
    Square Feet
    39,098 SF
    Class
    B

    Building Details

    Year Built
    1939
    Buildings
    1
    Stories
    2

    HighLights

    • 39,098 SF mixed‑use building on a 32,857 SF lot in prime Los Angeles location.
    • C4‑4‑C zoning allows for significant redevelopment potential.
    • Existing entitlements include 297 residential units (33 affordable) and 7,110 SF of retail.
    • Class B building with high bow‑truss ceilings and ample surface parking.
    • Excellent freeway access (10, 101, 110 freeways) near Downtown LA, Hollywood, and Silver Lake.
    • APN: 5077‑011‑001, 003, 005.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    I. Custom Tailors Tailor Italian Custom Tailors ... Tailor Antioch Mission Church Church Beach Front Property ... Apartment Building

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.28916999835
    Latitude
    34.061789948655

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    FAQs

    What type of property is this?
    Individual retail property - Prime LA location, high-ceiling space, value-add potential.
    Where is this individual retail property located?
    The property is located at 3100 Wilshire Blvd Los Angeles, CA.
    What are key features of this property?
    This property features: 39,098 SF mixed-use building on a 32,857 SF lot in prime Los Angeles location.; C4-4-C zoning allows for significant redevelopment potential.; Existing entitlements include 297 residential units (33 affordable) and 7,110 SF of retail.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3100 Wilshire Blvd Los Angeles, CA 90010
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