5757 Wilshire BlvdLos Angeles, CA 90036

  • Office properties
  • 666,745 SF
For Lease
$24/SF/YR View listing

Property Details for 5757 Wilshire Blvd

Year built
1983
Construction
STEEL FRAME
Lot size
6.93 AC
Property size (Sq ft)
666,745 SF
Zone code
LAC4
Property type
Office properties
Property subtype
Office buildings
APN
5508-015-009
APU
5508015009

Description

SAG Aftra Plaza presents a unique opportunity for businesses seeking prime office space in the heart of Los Angeles's Miracle Mile. This prestigious Class A, eleven-story building offers a total of 530,000 square feet of versatile space, ideal for both executive and medical office uses. The building boasts multiple tenancy options, with spaces ranging from a minimum of 943 square feet to a maximum contiguous space of 18,303 square feet. Currently, there are 72,282 square feet of vacant space available, providing flexibility for businesses of various sizes. The building's convenient location at 5757 Wilshire Boulevard in Los Angeles, CA 90036, offers excellent accessibility and visibility. Ample parking is provided with a ratio of 3 spaces per 1,000 square feet. This exceptional property in Los Angeles County is an excellent investment opportunity for discerning businesses seeking a prestigious and functional workspace. The building's modern design and prime location make it an attractive option for a wide range of tenants. With its flexible space options and convenient amenities, SAG Aftra Plaza is poised to meet the needs of today's modern businesses. Contact us today to learn more about the available spaces and schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $193,182,592
    6.5%
    $178,322,384
    7%
    $165,585,072
  • Comparable approach

    Method
    Valuation
    Relative Method
    $126,788,232
    Geo Method
    $126,788,232
  • Alternative Use

    Use
    Valuation
    Residential
    $221,119,760
    Hospitality
    $202,544,512
    Educational
    $168,514,656
    Medical
    $174,310,144
    Retail
    $262,133,920
5757 Wilshire Blvd, Los Angeles, California

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0633
Longitude
-118.353
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$804,880
$9,057,342
$52,309,008
$61,366,350
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