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    Property profile & analytics

    3500 Wilshire Blvd Los Angeles, CA 90010

    • Banks
    • 16,599 SF
    • 0.43 lot acres
    For Lease
    View listing
    $66 SF/Yr
    Value Estimation
    Last Sale
    Sep 26, 2022
    $22,500,225
    Location Intelligence
    Property ID
    US09-8157930
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Carl's Jr. / Fast Food Restaurant / Hamburger Restaurant
    • The 8th Notch / Restaurant
    • 7-Eleven / Convenience Store
    • Western Union / Money Transfer Service
    • Stacey Sing / Social Worker

    Property Details for 3500 Wilshire Blvd

    Year built
    1956
    Construction
    STEEL FRAME
    Lot size
    0.43 lot acres
    Property size
    16,599 SF
    Zone code
    LAC4
    Property type
    Banks
    APN
    5094-001-020
    APU
    5094001020

    Description

    This exceptional 10,837 square foot space, located on the second floor of 3500 Wilshire Boulevard in the vibrant Koreatown neighborhood of Los Angeles County, presents a unique opportunity for a dynamic food and beverage concept. Situated at the intersection of Normandie and Wilshire, this property boasts unparalleled visibility and accessibility, being steps away from the renowned Line Hotel and the Metro D Line. The space is currently a vacant food hall, offering expansive street views and significant potential. The layout includes five fully equipped kitchens and two bar areas, making it ideally suited for a multi-faceted operation, such as a restaurant with an integrated ghost kitchen for efficient food delivery services. The versatile design also lends itself to alternative uses, including event hosting or filming locations. The entire building encompasses 21,222 square feet, and this specific space is part of a multi-tenant building. This is a rare chance to establish a thriving business in a high-traffic, high-demand location within one of Los Angeles's most exciting and culturally rich districts. The property's proximity to public transportation and popular attractions ensures a steady flow of potential customers. Don't miss this chance to secure a prime location in the heart of Koreatown.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.301
    Latitude
    34.0614
    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
    $54,429
    $3,694,282
    $615,709
    $4,309,991
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $635,000
      69,300 SF

      3545 Wilshire Blvd

      FINANCIAL BUILDING • 69,300 SF
      3545 Wilshire Blvd, Los Angeles, CA 90010-4300
      View Details
    • Value Estimation by Request
      6,607 SF

      4333 Wilshire Blvd

      FINANCIAL BUILDING • 6,607 SF
      4333 Wilshire Blvd, Los Angeles, CA 90010-3701
      View Details
    • Value Estimation
      $16,495,000
      32,208 SF

      3100 Wilshire Blvd

      RETAIL STORES (PERSONAL SERVICES) • 32,208 SF
      3100 Wilshire Blvd, Los Angeles, CA 90010-1202
      View Details
    • Value Estimation by Request
      16,775 SF

      3751 Wilshire Blvd

      RETAIL STORES (PERSONAL SERVICES) • 16,775 SF
      3751 Wilshire Blvd, Los Angeles, CA 90010-2802
      View Details
    • Value Estimation
      $260,000
      2,376 SF

      3818 Wilshire Blvd

      RETAIL STORES (PERSONAL SERVICES) • 2,376 SF
      3818 Wilshire Blvd, Los Angeles, CA 90010-3203
      View Details
    • Value Estimation by Request
      11,846 SF

      3183 Wilshire Blvd

      Restaurants • 11,846 SF
      3183 Wilshire Blvd, Los Angeles, CA 90010
      View Details

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      Koreatown Food Hall Opportunity

      Prime Koreatown Food Hall - 10,837 SF
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      Furnished Office Space Available Now

      Furnished office space in Class A building, available immediately.
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    Los Angeles, CA 90010
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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