4601 Wilshire BlvdLos Angeles, CA 90010

  • Office properties
  • 82,182 SF
For Lease
$2.95/SF/YR View listing

Property Details for 4601 Wilshire Blvd

Year built
1989
Construction
STEEL FRAME
Lot size
0.89 AC
Property size (Sq ft)
82,182 SF
Zone code
LACR(PKM)
Property type
Office properties
Property subtype
Office buildings
APN
5505-007-010
APU
5505007010

Description

This exceptional Class A office building, located at 4601 Wilshire Boulevard in Los Angeles, California, offers 70,835 square feet of premium executive office space. The three-story building boasts a prime location in the Park Mile, at the highly visible corner of Wilshire Boulevard and Muirfield Road. Its strategic position provides convenient access to major freeways, including the 10 Freeway, and places it within a short drive of vibrant neighborhoods such as Hollywood, Beverly Hills, Downtown Los Angeles, and West Los Angeles. The building is also just five minutes from the amenity-rich Koreatown and Miracle Mile districts. The property features multiple tenancy options, with spaces ranging from a minimum of 774 square feet to a maximum contiguous space of 7,321 square feet. A total of five suites are available within the building, with 22,682 square feet currently vacant. Ample parking is provided at a generous rate of 2.65 spaces per 1,000 square feet, free of charge. This prestigious address offers an unparalleled opportunity for businesses seeking a sophisticated and well-connected location in the heart of Los Angeles. The building's modern design and convenient amenities make it an ideal choice for discerning tenants. Contact us today to learn more about the available spaces and to schedule a viewing.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $23,811,400
    6.5%
    $21,979,754
    7%
    $20,409,772
  • Comparable approach

    Method
    Valuation
    Relative Method
    $15,627,729
    Geo Method
    $15,627,729
  • Alternative Use

    Use
    Valuation
    Residential
    $27,254,894
    Hospitality
    $24,965,336
    Educational
    $20,770,866
    Medical
    $21,485,208
    Retail
    $32,310,238
4601 Wilshire Blvd, Los Angeles, California
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Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0623
Longitude
-118.33
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$127,803
$3,249,453
$6,657,234
$9,906,687
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