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Property profile & analytics
FOR LEASE
Hotels

12381 Wilshire Blvd Los Angeles, CA 90049

15,160 SF 0.46 ac lot Built 1975
Individually Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-7054032
Property summary
AI-generated overview

This exceptional medical office building, located at 12381 Wilshire Boulevard in Los Angeles, California, 90049, offers immediate occupancy in Los Angeles County. The property totals 15,160 square feet and features multiple tenancies. Currently, there are two contiguous spaces available, ranging from a minimum of 1,100 square feet to a maximum of 2,662 square feet. The total vacant space amounts to 2,662 square feet, providing a significant opportunity for medical professionals seeking a well-situated practice location. The building's address is conveniently located on Wilshire Boulevard, offering excellent visibility and accessibility. This is an ideal space for a variety of medical practices, providing ample room for expansion or consolidation. The property's location in Los Angeles offers easy access to major transportation arteries, ensuring convenient commutes for both staff and patients. This presents a rare opportunity to secure high-quality medical office space in a highly desirable area. The building's design and layout are well-suited for medical practices, offering a professional and efficient environment. Don't miss this chance to establish or expand your medical practice in a prime Los Angeles location.

Property profile
Verified
Property type Hotels
Use group HOTEL
Year built 1975
Construction WOOD
Total area 15,160 SF
Lot 0.46 ac (20,234 SF)
Zoning code LAC4
APN 4264-020-005
UPID US09-7054032
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Behavioral Therapy LA Crisis Center Medical Clinic
  • Center For Holistic Dentistry Dental Office
  • Dr. Laurie Wiard, LMFT Physician Medical Clinic
  • rebeccakoskicounseling.com Psychotherapist
  • GATLA Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.44M
Blend (final) Blend
$1.60M
Owner & transaction history
Wilshire · 6 yrs held
Wilshire
since 2019
7 recorded transactions
2019
Price N/A
2019
Price N/A
2018
$13.2M
2018
Price N/A
2000
Price N/A
1997
Price N/A
1997
Price N/A
Zoning & alternative use
LAC4 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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