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Property profile

12381 Wilshire Blvd West Los Angeles, CA 90025

FOR LEASE
Hotels
Property ID
US09-7054032
15,160 SF 0.46 ac lot Built 1975
Last sale Dec 2018 · $13,200,000
Individually Owned Owner of record is an individual. 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property located at 12381 Wilshire Boulevard, Los Angeles, CA 90049 is classified as an office property and is categorized as other office space. It is situated along Wilshire Boulevard in the 90049 area of Los Angeles.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$176k
Tax billed · 2024
Assessed value$14.44M
Assessed land$10.94M
Assessed improvement$3.50M
Effective rate1.22%

Value estimate

· Oct 2026
$1.60M
$1.44M – $1.76M
Submarket $/SF estimate$1.44M
NOI build-up
Gross scheduled income$589k
Vacancy & credit loss−$110k
Operating expenses−$120k
NOI · 10,430,173.91% cap applied$360k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$425/SF
Submarket average, outlier-cleaned · 109 recorded sales of this use type
Observed band · Q1–Q3$132 – $643
Qualifying comparables7

Cap rate analysis

How does the asset earn?
10,430,173.91%
$360k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
LAC4
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Barber Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Barber Shop12.4
Convenience Store11.5
Laundromat10.6

Location

12381 Wilshire Blvd West Los Angeles, CA 90025
County assessor Recorded deeds · 11 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 10 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1537 Pontius, Los Angeles, CA 90025-3990 $930,000 Jan 2023 8,330 SF
1538 Sawtelle, Los Angeles, CA 90025-3207 $2,257,000 Jun 2020 10,070 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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