11750 Wilshire BlvdLos Angeles, CA 90025

Property Details for 11750 Wilshire Blvd

Year built

1990

Construction

STEEL FRAME

Lot size

2.81 AC

Property size (Sq ft)

35,635 SF

Zone code

LAC2

Property type

Residential income properties

Property subtype

High-rise multifamily apartments

APN

4263-008-066

APU

4263008066

Description

This exceptional 10,000 square foot restaurant and bar space presents a unique opportunity in Los Angeles County. Located at 11750 Wilshire Boulevard in the 90025 zip code, this single-tenant property boasts a highly desirable Westside location on a prime street. The entire 10,000 square feet is currently vacant, offering a blank canvas for a discerning restaurateur or hospitality group. The property is classified as retail and restaurant use. Onsite parking is available, a significant advantage in this high-traffic area. This landmark property in Los Angeles County offers unparalleled potential for a new concept or the relocation of an established business. The address is easily accessible and benefits from high visibility and pedestrian traffic. The building's size and layout provide ample space for a full-service restaurant, bar, and potentially additional amenities. This is a rare chance to acquire a substantial and well-situated property in one of Los Angeles' most coveted neighborhoods. The property's location and size make it an ideal investment for those seeking a high-impact presence in the Los Angeles culinary scene. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $11,477,320

  6.5%

  $10,594,450

  7%

  $9,837,703

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,469,268

  Geo Method

  $10,503,345

• Alternative Use

  Use

  Valuation

  Residential

  $10,594,450

  Hospitality

  $9,704,459

  Educational

  $8,073,996

  Medical

  $8,351,673

  Retail

  $12,559,549

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0478

Longitude

-118.462

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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