1013 Wilshire BlvdLos Angeles, CA 90017
- Office properties
- 16,348 SF
Property Details for 1013 Wilshire Blvd
- Year built
- 1959
- Construction
- STEEL FRAME
- Lot size
- 0.19 AC
- Property size (Sq ft)
- 16,348 SF
- Zone code
- LACW
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 5143-026-017
- APU
- 5143026017
Description
This exceptional 8,300 square foot ground floor office space is ideally located at the corner of Wilshire Boulevard and St. Paul in Los Angeles, California, zip code 90017. The property is categorized as both medical and traditional office space, making it suitable for a variety of uses. One suite is currently available for lease, offering a flexible and open floor plan. The building boasts prominent exterior signage, ensuring high visibility for your business. Convenient street-level access is a key feature, along with secure rooftop parking for tenants and their clients. This location offers unparalleled accessibility, with a Walk Score of 97 ("Walker's Paradise") and a Transit Score of 100 ("Rider's Paradise"). A mere seven-minute walk will bring you to the 7th Street/Metro Center Station, providing easy access to public transportation. The asking rate is negotiable, making this a compelling opportunity for businesses seeking a prestigious and well-connected location in the heart of Los Angeles. The property is situated in Los Angeles County and is part of a multi-tenant building.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,821,960
- 6.5%
- $4,451,040
- 7%
- $4,133,109
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,108,736
- Geo Method
- $3,108,736
-
Alternative Use
- Use
- Valuation
- Residential
- $5,519,290
- Hospitality
- $5,055,640
- Educational
- $4,206,233
- Medical
- $4,350,892
- Retail
- $6,543,029
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 34.0519
- Longitude
- -118.262
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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