213-507-5570
3100 Wilshire Blvd, Los Angeles, CA for Sale
Storefront - FOR SALE
1/13
null | Request Cap Rate

3100 Wilshire Blvd
Los Angeles, CA 90010
Koreatown


HIGHLIGHTS

  • 3100 Wilshire Boulevard is in a central location with convenient access to the 10, 101 and 110 freeways.
  • The location has a proven track record of demand and success that speaks to the viability of the development.
  • The building was built with high bow-truss ceilings throughout the 2nd floor.
  • There is a large secured dedicated surface parking lot with direct access to the building.
  • Although currently retail, the flexibility of the zoning leaves open the possibility of an office user, medical office user or retail.
  • The property is entitled for a mixed use development with 297 residential units including 33 affordable units and 7,110 SF of retail space.

OVERVIEW

Kidder Mathews takes great pleasure in presenting 3100 Wilshire Boulevard, a well located Koreatown retail building with future development potential. The location is at a premium address in highly desirable Koreatown submarket. 3100 Wilshire includes a large secured surface parking lot with direct access to the building. The property is adjacent to Hollywood and Downtown submarkets of Los Angeles, with convenient access to the 10, 101, and 110 freeways. 3100 Wilshire is nearly fully vacant with only two small month-to-month tenants. This provides the buyer with both flexibility and opportunity. The flexibility is the possibility of a user purchase by either an office user, medical office user or retail repositioning buyer. The opportunity is the future development potential of the property.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office, Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1939

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,857 SF

ZONING

C4-4-C

APN/PARCEL ID

5077-011-001,5077-011-003,5077-011-005

ASK ABOUT THIS PROPERTY

John AnthonyKidder MathewsMore Info
213-507-5570

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John AnthonyKidder MathewsMore Info
213-507-5570

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