3100 Wilshire BlvdLos Angeles, CA 90010

  • Retail properties
  • 32,208 SF
For Sale

Property Details for 3100 Wilshire Blvd

Year built
1939
Construction
TILT-UP CONCRETE
Lot size
0.75 AC
Property size (Sq ft)
32,208 SF
Zone code
LAC4
Property type
Retail properties
Property subtype
Retail space
APN
5077-011-001
APU
5077011001

Description

This exceptional mixed-use property at 3100 Wilshire Boulevard in Los Angeles, CA, presents a compelling investment opportunity. The 39,098 square foot building, constructed in 1939, is situated on a 32,857 square foot lot and features a desirable C4-4-C zoning designation. Currently configured as a storefront and traditional office space, this Class B property offers significant flexibility. The building boasts impressive high bow-truss ceilings on the second floor and a large secured surface parking lot. Its central location provides convenient access to the 10, 101, and 110 freeways, placing it within easy reach of Downtown LA, Hollywood, Silverlake, and Mid-Wilshire. The property benefits from its location in an area experiencing significant redevelopment, demonstrating strong market demand. Furthermore, existing entitlements allow for a substantial mixed-use development project, including 297 residential units (with 33 designated as affordable) and 7,110 square feet of retail space. This presents a unique chance to capitalize on the area's growth and create a high-value, multi-faceted development. The property consists of one building with two stories and has the APN numbers 5077-011-001, 003, 005. This is a value-add investment opportunity with significant upside potential.

3100 Wilshire Blvd, Los Angeles, California
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Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0614
Longitude
-118.289
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
$220,220
$8,899,276
$9,081,550
$17,980,826
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