This Class A, six-story office building at 6222 Wilshire Boulevard in Los Angeles, California, offers exceptional executive office space for lease. Located in Los Angeles County, zip code 90048, the building boasts a total of 88,193 square feet and features multiple tenancies. Three suites are currently available, with sizes ranging from a minimum of 1,251 square feet to a maximum contiguous space of 3,712 square feet. A total of 8,383 square feet is currently vacant and ready for immediate occupancy. The building provides ample parking with a ratio of approximately 3 spaces per 1,000 square feet. This prime location on Wilshire Boulevard offers unparalleled access to major transportation arteries, upscale amenities, and a vibrant business community. Ideal for businesses seeking prestigious, efficient, and well-appointed office space in the heart of Los Angeles. The building's modern design and high-quality finishes create a sophisticated and productive work environment. Inquire today to learn more about leasing opportunities and secure your ideal space in this sought-after location. The property is easily accessible via public transportation and major freeways.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$3,739,382
6.5%
$3,451,738
7%
$3,205,185
Comparable approach
Method
Valuation
Relative Method
$2,454,205
Geo Method
$2,454,205
Alternative Use
Use
Valuation
Residential
$4,280,154
Hospitality
$3,920,598
Educational
$3,261,892
Medical
$3,374,074
Retail
$5,074,054
Location Insight
City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0629
Longitude
-118.364
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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