11755 Wilshire BlvdLos Angeles, CA 90025

Property Details for 11755 Wilshire Blvd

Year built

1986

Construction

STEEL FRAME

Lot size

1.18 AC

Property size (Sq ft)

338,960 SF

Zone code

LAC4

Property type

Office properties

Property subtype

Office buildings

APN

4265-010-192

APU

4265010192

Description

This Class A office building at 11755 Wilshire Boulevard in Los Angeles, CA (zip code 90025) offers a prime location for businesses seeking executive office space. The property boasts a total of 358,478 square feet, with a significant amount of vacant space currently available, totaling 114,899 square feet. Multiple tenancy options are available, catering to a range of business sizes and needs. Individual suites range from a minimum of 1,183 square feet to a maximum contiguous space of 18,890 square feet, providing flexibility for expansion or downsizing. Thirteen spaces are currently available for lease. The building's prestigious address on Wilshire Boulevard offers excellent visibility and accessibility, making it an ideal location for businesses seeking a high-profile presence in the heart of Los Angeles. The property's "Executive Office" subtype signifies a commitment to providing a sophisticated and professional work environment. This is an exceptional opportunity to secure high-quality office space in a highly desirable location. The building's Class A designation reflects its superior construction, amenities, and overall quality. Interested parties are encouraged to inquire about available spaces and lease terms. The property is situated at 34.048726419120555 latitude and -118.46168256154911 longitude.

• CAP approach

  CAP return

  Valuation

  6%

  $87,697,680

  6.5%

  $80,951,704

  7%

  $75,169,440

• Comparable approach

  Method

  Valuation

  Relative Method

  $64,254,856

  Geo Method

  $64,456,632

• Alternative Use

  Use

  Valuation

  Residential

  $100,380,120

  Hospitality

  $91,947,648

  Educational

  $76,499,360

  Medical

  $79,130,296

  Retail

  $118,999,008

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0489

Longitude

-118.462

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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