5670 Wilshire BlvdLos Angeles, CA 90036

Property Details for 5670 Wilshire Blvd

Year built

1962

Construction

STEEL FRAME

Lot size

2.76 AC

Property size (Sq ft)

453,182 SF

Zone code

LAC4

Property type

Office properties

Property subtype

Office buildings

APN

5089-007-021

APU

5089007021

Description

This Class A, 14,617 square foot office building in Los Angeles' Miracle Mile offers a variety of flexible workspace solutions. Located at 5670 Wilshire Blvd, Suite 1800, this 2019 renovated property boasts 350 suites, with 5,970 square feet currently vacant. Options range from private, fully furnished offices for individuals to larger spaces accommodating entire companies, including serviced, custom, and disaster recovery options. The minimum divisible space is 10 square feet, with a maximum contiguous space of 1,300 square feet. The building features striking white architecture, high ceilings, and sweeping views of the ocean, city, and mountains. Amenities include elevators and proximity to the Farmers Market, museums, and award-winning restaurants. This LEED-certified building provides a prestigious and convenient location in the heart of Los Angeles, connecting the city to the beach. The building is situated in Los Angeles County, CA, zip code 90036. The property offers a benefits program with exclusive discounts and procurement support. Ideal for businesses seeking flexible, high-quality office space in a vibrant and desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $131,304,880

  6.5%

  $121,204,504

  7%

  $112,547,040

• Comparable approach

  Method

  Valuation

  Relative Method

  $86,177,088

  Geo Method

  $86,177,088

• Alternative Use

  Use

  Valuation

  Residential

  $150,293,584

  Hospitality

  $137,668,112

  Educational

  $114,538,256

  Medical

  $118,477,400

  Retail

  $178,170,624

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0617

Longitude

-118.352

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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