5410 Wilshire BlvdLos Angeles, CA 90036
- Retail properties
- 7,548 SF
Property Details for 5410 Wilshire Blvd
- Lot size
- 0.17 AC
- Property size (Sq ft)
- 7,548 SF
- Zone code
- LAC2
- Property type
- Retail properties
- Property subtype
- Parking lots & garages
- APN
- 5089-003-007
- APU
- 5089003007
Description
This exceptional commercial property at 5410 Wilshire Boulevard in Los Angeles, California, offers a rare opportunity to lease prime retail or restaurant space in a highly desirable location. The building, boasting significant architectural character, comprises a total of 60,000 square feet and features two available suites. Each suite offers flexibility, with a minimum divisible space of 1,726 square feet and a maximum contiguous space of 1,855 square feet. Currently, there are 3,581 square feet of vacant space available for lease, presenting a unique chance for businesses seeking a prominent presence in the heart of Los Angeles. Located in Los Angeles County, with a zip code of 90036, this property benefits from excellent visibility and accessibility. The property's location on Wilshire Boulevard ensures high foot traffic and exposure to a diverse clientele. This is an ideal opportunity for businesses seeking a well-established and highly visible location to expand or establish their presence in a thriving market. The property is categorized as both retail and restaurant space, making it suitable for a variety of commercial uses. Inquire today to learn more about leasing options and secure your space in this prestigious Los Angeles location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,214,826
- 6.5%
- $2,967,532
- 7%
- $2,755,565
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,617,026
- Geo Method
- $3,617,026
-
Alternative Use
- Use
- Valuation
- Residential
- $2,503,224
- Hospitality
- $2,292,940
- Educational
- $1,907,699
- Medical
- $1,973,308
- Retail
- $2,967,532
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 34.0617
- Longitude
- -118.347
- 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
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].