3785 Wilshire BlvdLos Angeles, CA 90010

Property Details for 3785 Wilshire Blvd

Year built

2009

Construction

STEEL FRAME

Lot size

1.23 AC

Property size (Sq ft)

29,864 SF

Zone code

LAC2

Property type

Retail properties

Property subtype

Retail space

APN

5503-030-211

APU

5503030211

Description

Solair Retail, a 333,324 square foot retail property in Los Angeles, CA, presents a unique investment opportunity. Built in 2008, this multi-tenant building boasts a prime location at 3785 Wilshire Blvd, 90010, at the northeast corner of Wilshire Boulevard and Western Avenue. The property features three available retail spaces ranging from 1,291 to 2,773 square feet, ideal for a variety of businesses. Food and restaurant uses are permitted. The building offers significant street frontage along Western Avenue, providing excellent visibility and accessibility. A key advantage is the inclusion of 150 parking spaces within an underground garage, a rare amenity in this high-density area. Furthermore, the property's proximity to the MTA Metro Station (Purple Line) ensures convenient public transportation access for customers and employees. Located in one of the highest-density neighborhoods in the United States, this property benefits from a large and diverse potential customer base. The building is equipped with elevators. This exceptional location and comprehensive amenities make Solair Retail an attractive investment prospect.

• CAP approach

  CAP return

  Valuation

  6%

  $12,719,602

  6.5%

  $11,741,171

  7%

  $10,902,516

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,310,924

  Geo Method

  $14,310,924

• Alternative Use

  Use

  Valuation

  Residential

  $9,904,117

  Hospitality

  $9,072,118

  Educational

  $7,547,896

  Medical

  $7,807,480

  Retail

  $11,741,171

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0628

Longitude

-118.309

CBSA code

31080

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.