Desmond's Tower

Off Market

5500 Wilshire Blvd, Los Angeles, CA 90036

  • Office
  • General Office
  • 78,800 Sqft

Desmond's Tower, Los Angeles, CA 90036 - Office Space

Desmond's Tower is located at 5500 Wilshire Blvd in the Mid-Wilshire neighborhood, CA, Los Angeles, 90036. The Class B Office building was completed in 1929 and features a total of 78,800 Sqft.

There are 61 office spaces for lease in the Mid-Wilshire neighborhood, totaling 334,464 Sqft of available office space. The office space availability for the 90036 zip code is 391,520 Sqft, in 72 office spaces. The average asking office rent per sq. ft. in Mid-Wilshire is $44.75/sqft/year. For Class A office buildings the average office rate is $52.6/sqft/year, for Class B office buildings the average office rate is $36.9/sqft/year.

In Mid-Wilshire, there are 14 class B office buildings. At zip code level, there are 20 commercial properties, of which 13 are office buildings over 50,000 square feet.

Nearby Listings

Nearby Properties

Details

  • City Los Angeles
  • Neighborhood Mid-Wilshire
  • Zip Code 90036
  • Market Los Angeles
  • Property Type Office - General Office
  • Property Size 78,800 Sqft
  • Lot Size 0.87 Acre
  • Parking Spaces Avail. 334
  • Parking Ratio 4.24/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1929
  • Date Updated 07 Apr, 2020

Mid-Wilshire Demographics

The average household income in zip code 90036 is $117,596, from a total of 18,426 households. In terms of employment, there are 96.67 % white-collar and 3.33 % blue-collar jobs in zip code 90036.

Population

  • Total Population49,033
  • Male Population(48.2 %) 23,611
  • Female Population(51.8 %) 25,422
  • Median Age35.80

Income/Financial

  • Average Household Income$90,865
  • Median Household Income$52,625
  • Median Income Under 25$38,913
  • Median Income 25-44$54,381
  • Median Income 45-64$58,065
  • Median Income Over 65$33,646