Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5900 Wilshire Blvd Los Angeles, CA 90036
    Back to Search
    Property profile & analytics

    5900 Wilshire Blvd Los Angeles, CA 90036

    View on Map
    • Office properties & Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • OLIN / Landscaping / (Bike/Boat/Book/etc) Store
    • Gelles Peter / Law Firm
    • WE Jackson Corporation / Architect
    • Golbert & Associates / Law Firm
    • Daniel D. Coleman, DC / Alternative Medicine Practice

    Property Details for 5900 Wilshire Blvd

    Property type
    Office properties & Spaces

    Description

    This exceptional sublease opportunity presents 14,335 square feet of traditional office space located on the fourth floor of the prestigious 5900 Wilshire Boulevard building in the Miracle Mile district of Los Angeles, California. The space is ideally suited for a variety of businesses seeking a prominent location with excellent accessibility. Situated in Los Angeles County, with a zip code of 90036, this property offers a prime address within a thriving commercial hub. The sublease term extends through May 31, 2027, providing a significant period of occupancy. The rental rate is competitively priced at $2.75 per square foot per month. This expansive space is perfect for a company needing a large, contiguous office area. The building's location offers easy access to major transportation arteries, providing convenient commutes for employees and clients alike. This is a rare opportunity to secure high-quality office space in a highly desirable location at an attractive rental rate. The property is categorized as a traditional office space and is available as a single, large unit. Interested parties should act quickly to secure this exceptional sublease opportunity. The address is 5900 Wilshire Boulevard, Los Angeles, CA 90036.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.359
    Latitude
    34.0623

    Comparable in this City

    • Value Estimation
      $8,220,000
      47,619 SF

      5657 Wilshire Blvd

      OFFICE BUILDING (MULTI-STORY) • 47,619 SF
      5657 Wilshire Blvd, Los Angeles, CA 90036-3736
      View Details
    • Value Estimation
      $1,475,000
      8,451 SF

      6053 3rd St

      OFFICE BUILDING • 8,451 SF
      6053 3rd St, Los Angeles, CA 90036-3140
      View Details
    • Value Estimation
      $1,845,000
      10,699 SF

      7415 Beverly Blvd

      OFFICE BUILDING • 10,699 SF
      7415 Beverly Blvd, Los Angeles, CA 90036-2724
      View Details
    • Value Estimation
      $930,000
      3,058 SF

      7418 Beverly Blvd

      OFFICE BUILDING • 3,058 SF
      7418 Beverly Blvd, Los Angeles, CA 90036-2725
      View Details
    • Value Estimation
      $5,780,000
      190,237 SF

      Los Angeles, CA 90036

      OFFICE BUILDING (MULTI-STORY) • 190,237 SF
      Los Angeles, CA 90036
      View Details
    • Value Estimation
      $2,215,000
      11,400 SF

      5800 Wilshire Blvd

      OFFICE BUILDING • 11,400 SF
      5800 Wilshire Blvd, Los Angeles, CA 90036-4501
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      14,152 SF

      Miracle Mile Purchase Opportunity on Museum Row

      Miracle Mile Purchase Opportunity on Museum Row
      5800 Wilshire Blvd, Los Angeles, CA 90036
      View Details
    • $4,298,000

      La Brea Retail/Restaurant Opportunity

      Retail/restaurant space in dynamic La Brea revitalization corridor.
      617 North La Brea Ave, Los Angeles, CA 90036
      View Details
    • Contact for pricing
      2,304 SF

      Hospitality Property with 7 Keys

      Hospitality property featuring 7 keys, Los Angeles, CA.
      5850 W Olympic Blvd, Los Angeles, CA 90036
      View Details
    • $2,595,000
      5,180 SF

      Miracle Mile Spanish Colonial Duplex

      Charming, remodeled duplex in Miracle Mile with modern amenities.
      203 South Detroit St, Los Angeles, CA 90036
      View Details
    • $5,000,000
      9,780 SF

      Renovated Retail Space with Parking

      West Hollywood retail space with renovations and on-site parking.
      176 North La Brea Ave, Los Angeles, CA 90036
      View Details
    • $4,950,000
      5,250 SF

      Retail Property on High-Traffic Corner

      Multi-unit retail property in a rapidly developing area.
      467 South La Brea Ave, Los Angeles, CA 90036
      View Details

    Similar Nearby for Lease

    • $46 SF/Yr
      72,000 SF

      Wilshire Blvd Executive Office Suites

      Prestigious Miracle Mile Office Space Available
      5410 Wilshire Blvd, Los Angeles, CA 90036
      View Details
    • Contact for pricing
      5,677 SF

      Beverly Boulevard Retail Space Available

      Retail space with showroom, creative office, and high ceilings.
      7366-7372 Beverly Blvd, Los Angeles, CA 90036
      View Details
    • $3 SF/Yr

      Versatile Space with High Ceilings

      Adaptable space suitable for showroom, office, or creative uses.
      La Park Lane Cir, Brea, CA 90036
      View Details
    • Contact for pricing

      Spaces Fairfax

      Find fully flexible work and meeting space in Spaces Mission & 3rd
      145 Fairfax Ave, Los Angeles, CA 90036
      View Details
    • $5,000 /Mo
      1,500 SF

      Office Sublease with Shared Amenities

      Office spaces for sublease with shared amenities and outdoor patio.
      5757 Wilshire Blvd, Los Angeles, CA 90036
      View Details
    • Contact for pricing

      Creative Office Space in Los Angeles

      Creative office space in the heart of Los Angeles.
      145 S Fairfax Ave, Los Angeles, CA 90036
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5900 Wilshire Blvd
    Los Angeles, CA 90036
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5900 Wilshire Blvd, Los Angeles, CA, 90036
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!