3100 Wilshire Blvd Los Angeles, CA 90010-1202
This exceptional mixed-use property at 3100 Wilshire Boulevard in Los Angeles, CA, presents a compelling investment opportunity. The 39,098 square foot building, constructed in 1939, is situated on a 32,857 square foot lot and features a desirable C4-4-C zoning designation. Currently configured as a storefront and traditional office space, this Class B property offers significant flexibility. The building boasts impressive high bow-truss ceilings on the second floor and a large secured surface parking lot. Its central location provides convenient access to the 10, 101, and 110 freeways, placing it within easy reach of Downtown LA, Hollywood, Silverlake, and Mid-Wilshire. The property benefits from its location in an area experiencing significant redevelopment, demonstrating strong market demand. Furthermore, existing entitlements allow for a substantial mixed-use development project, including 297 residential units (with 33 designated as affordable) and 7,110 square feet of retail space. This presents a unique chance to capitalize on the area's growth and create a high-value, multi-faceted development. The property consists of one building with two stories and has the APN numbers 5077-011-001, 003, 005. This is a value-add investment opportunity with significant upside potential.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LAC4 · Los Angeles, CALos Angeles. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.