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Office and School Use 1660-1670 Wilshire Blvd 36,712 SF Office Building Los Angeles, CA 90017 $11,749,975 CAD ($320.06 CAD/SF)
Investment Highlights
- Wilshire Boulevard Location
- Currently Occupied by an Adult School That Will Vacate at the Close
- Freeway Accessibility
- Office and School Use
- Adjacent to Downtown LA, Silverlake/Echo Park & Koreatown
- Ample Parking- Approximately 78 surface parking spaces
Executive Summary
Core Asset Opportunity For Sale in LA
1600-1670 Wilshire Boulevard offers an amazing opportunity to acquire a core asset with a strategic location, the flexibility of attracting both office and school user buyers as well as development potential. It is a user's dream opportunity to enter one of the most vibrant markets in the country. The building will likely be an ideal situation for the right user with its parking, flexibility and central location. Alternatively, developers will be enticed by the potential of the site along with the redevelopment surge throughout the local submarket.
1600-1670 Wilshire Boulevard offers an amazing opportunity to acquire a core asset with a strategic location, the flexibility of attracting both office and school user buyers as well as development potential. It is a user's dream opportunity to enter one of the most vibrant markets in the country. The building will likely be an ideal situation for the right user with its parking, flexibility and central location. Alternatively, developers will be enticed by the potential of the site along with the redevelopment surge throughout the local submarket.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
36,712 SF
Building Class
C
Year Built
1937
Price
$11,749,975 CAD
Price Per SF
$320.06 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
18,356 SF
Building FAR
1.02
Lot Size
0.82 AC
Opportunity Zone
Yes
Zoning
LAC4 - Heavy Commercial
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Exceptionally walkable
90/100
Moderately drivable
70/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,824,341 CAD | |
| Land Assessment | $1,680,266 CAD | Total Assessment | $3,504,607 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,680,266 CAD
Improvements Assessment
$1,824,341 CAD
Total Assessment
$3,504,607 CAD
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Office and School Use | 1660-1670 Wilshire Blvd
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