4201 Wilshire BlvdLos Angeles, CA 90010

Property Details for 4201 Wilshire Blvd

Year built

1958

Construction

STEEL FRAME

Lot size

1.94 AC

Property size (Sq ft)

245,580 SF

Zone code

LACR(PKM)

Property type

Office properties

Property subtype

Office buildings

APN

5504-008-009

APU

5504008009

Description

The Harbor Building, a Class A, six-story creative office building in Los Angeles, CA, offers 258,000 square feet of prime space. Designed by renowned architect Claud Beelman in 1958 and registered with the Los Angeles Conservancy, this iconic structure boasts recently completed major renovations. Located at 4201 Wilshire Blvd, in the Park Mile, this property enjoys a central location near Beverly Hills, Downtown LA, Hollywood, and Koreatown. The building features multiple tenancies with spaces ranging from 2,684 to 42,000 contiguous square feet, with a total of 152,600 square feet currently vacant. Amenities include elevators and ample parking (2.5 spaces per 1,000 square feet). This exceptional property presents a unique opportunity for businesses seeking a prestigious and well-located address in the heart of Los Angeles. The building's prime location at the intersection of Wilshire and Crenshaw boulevards provides excellent visibility and accessibility. Its proximity to Koreatown offers employees a vibrant array of dining and entertainment options. The Harbor Building is a truly remarkable opportunity for businesses seeking a sophisticated and convenient workspace in one of Los Angeles' most desirable neighborhoods. Los Angeles County location, zip code 90010.

• CAP approach

  CAP return

  Valuation

  6%

  $71,154,312

  6.5%

  $65,680,900

  7%

  $60,989,408

• Comparable approach

  Method

  Valuation

  Relative Method

  $46,699,492

  Geo Method

  $46,699,492

• Alternative Use

  Use

  Valuation

  Residential

  $81,444,320

  Hospitality

  $74,602,560

  Educational

  $62,068,452

  Medical

  $64,203,080

  Retail

  $96,550,928

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0622

Longitude

-118.319

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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