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American Lung Association Bldg 5858 Wilshire Blvd 31,482 SF 100% Leased Office Building Los Angeles, CA 90036 For Sale

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INVESTMENT HIGHLIGHTS

  • 31,482 SF office building with ground floor retail
  • 38,161 SF (.87 acres) of land across 6 parcels
  • Rare Miracle Mile Museum Row offering
  • 93 Striped parking spaces (3 per 1,000 SF)
  • Adjacent to LACMA Geffen Galleries and across from La Brea Tar Pits
  • C4 and R3 zoning

EXECUTIVE SUMMARY

Located adjacent to the new Geffen Galleries at LACMA and directly across from the La Brea Tar Pits, this rare Museum Row offering combines strong in place income with exceptional long term potential. The property is 75% occupied by six tenants across nine suites, with a mix of professional offices and ground floor retail, including law firms, architects, a vision center, and a dental office.
The asset carries a weighted average lease term of 3.8 years, with flexible tenant buyout options available within 12–24 months. This structure allows an owner-user to consolidate multiple suites or a full floor while maintaining cash flow, or gives an investor the ability to reposition and capture value-add upside.
Positioned on 38,161 square feet (.87 acres) across six parcels, the property benefits from both C4 and R3 zoning, creating a wide spectrum of redevelopment possibilities including multifamily. Ownership also has the ability to unlock equity through strategic parcel dispositions and recapitalization of the remaining property, further enhancing long-term investment flexibility.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
31,482 SF
Building Class
B
Year Built/Renovated
1957/1985
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
10,494 SF
Building FAR
0.82
Lot Size
0.88 AC
Zoning
C4 - C4 and R3 zoning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Construction
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Largo Concrete is a privately held structural concrete contractor headquartered in Tustin, California. Founded in 1989 by Hal Long and Mark Carnathan, the company has grown into one of the largest specialty concrete contractors in the United States. Largo specializes in multi-level, cast-in-place structures and offers services such as formwork, pumping, architectural concrete, and turnkey design-build parking structures. The firm operates across several states, including Texas, California, Nevada, and Oregon, and has completed high-profile projects such as stadiums, high-rise residential towers, and commercial complexes. Largo remains family-owned and emphasizes self-performing capabilities to maintain quality and schedule control.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Construction - $9.99 Lorem Ipsum Jan 0000
Walk Score®
Walker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5089-011-002
Land Assessment
$4,743,421 CAD
Improvements Assessment
$3,903,442 CAD
Total Assessment
$8,646,863 CAD
  • Listing ID: 37527089

  • Date on Market: 2025-09-03

  • Last Updated:

  • Address: 5858 Wilshire Blvd, Los Angeles, CA 90036

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