4333 Wilshire Blvd - Freestanding FOR SALE


Los Angeles, CA 90010- Miracle Mile
$5,250,000 USD
858-205-5439
4333 Wilshire Blvd, Los Angeles, CA for Sale
$5,250,000 USD
Freestanding - FOR SALE
1/11
null | Request Cap Rate

4333 Wilshire Blvd
Los Angeles, CA 90010
Miracle Mile


HIGHLIGHTS

  • Highly Visible, Standalone Asset Offering Prominent Street Presence and Identity for an Owner/User or Investor.
  • CR-1 Zoning with Park Mile Specific Plan (PkM) Overlay Supports a Range of Professional Office and Residential-Oriented Uses.
  • Flexible Configuration Suitable for a Variety of Users Seeking a Central Los Angeles Location with Long-Term Upside.

OVERVIEW

• Prime Wilshire Boulevard Location with Strong Traffic Counts of 46,000+ Cars Per Day and Excellent Connectivity to Key Los Angeles Submarkets • Prominent Frontage with Dedicated Access Points Enhancing Visibility and Ease of Ingress/Egress • Located Within Hancock Park, a Mature and Highly Desirable Submarket Characterized by High Barriers to Entry and Limited New Development • Stable, Professional Tenant Environment Driven by Park Mile Zoning Restrictions, Supporting Long-Term Occupancy and Reduced Turnover • Building Size and Site Layout Provide Versatility for a Wide Range of Office, Medical, or Service-Oriented Uses in Today’s Market BUILDING DELIVERED 100% VACANT. NO NOI. Sale Subject to a 10-Year Deed Restriction Against Financial Services Uses.

FOR SALE DETAILS

PRICE

$5,250,000 USD

PRICE/SF

$795 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,301 SF

ZONING

CR (PKM)-1

APN/PARCEL ID

5505-029-012

ASK ABOUT THIS PROPERTY

Robert KuzmanCushman & WakefieldMore Info
858-205-5439

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Robert KuzmanCushman & WakefieldMore Info
858-205-5439

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.