• Wilshire Professional Building
  • Wilshire Professional Building
  • +1 image Wilshire Professional Building

Wilshire Professional Building

Off-Market

3875 Wilshire Blvd, Los Angeles, CA 90010

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 77,961 SF
  • Lot Size 0.77 Acre
  • Parking Spaces Avail. 226
  • Parking Ratio 2.90 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1934

Location

Getting Around

  • Walk Score ®

    97/100 Walker's Paradise

  • Transit Score ®

    76/100 Excellent Transit

  • Bike Score ®

    61/100 Bikeable
Powered by Walk Score ®
  • City Los Angeles, CA
  • Neighborhood Koreatown
  • Zip Code 90010
  • Market Los Angeles

Points of Interest

  • Wilshire/Western

    0.14 miles

  • Wilshire/Normandie

    0.59 miles

  • Wilshire/Vermont

    1.18 miles

  • Vermont/Beverly

    1.50 miles

  • Westlake/MacArthur Park

    2.03 miles

  • Vermont/Santa Monica South Entrance

    2.18 miles

  • Vermont/Santa Monica North Entrance

    2.26 miles

  • Vermont/Santa Monica

    2.27 miles

  • Hollywood/Western

    2.75 miles

  • Vermont/Sunset Entrance

    2.75 miles

  • Shell

    0.53 miles

  • 76

    0.65 miles

  • Mobil

    0.79 miles

  • Chevron

    0.87 miles

  • Chevron

    0.88 miles

  • Mobil

    1.02 miles

  • Shell

    1.04 miles

  • Shell

    1.15 miles

  • 76

    1.21 miles

  • Arco

    1.48 miles

  • Western Avenue Parking Garage

    0.19 miles

  • SP+

    0.69 miles

  • LADOT Larchmont Lot

    1.05 miles

  • Vermont & WIlshire Parking Lot -LADOT Facility No. 691

    1.15 miles

  • East Bronson Parking

    1.56 miles

  • Paramount Parking Lot A

    1.56 miles

  • West Bronson Parking

    1.57 miles

  • Pickford Parking

    1.59 miles

  • Plaza Parking

    1.61 miles

  • Van Ness Parking

    1.63 miles

  • Ramada by Wyndham Los Angeles/Koreatown West

    0.04 miles

  • Garden Suite Hotel

    0.14 miles

  • Oxford Palace

    0.32 miles

  • The Line

    0.58 miles

  • Hotel Normandie

    0.60 miles

  • Rotex Hotel

    0.63 miles

  • Shelter Hotel

    0.72 miles

  • LA Comfortable house (korean)

    0.76 miles

  • LA Pyunanhan House

    0.77 miles

  • Friendship Motor Inn

    1.06 miles

  • Egg Tuck

    0.01 miles

  • Tofu Village

    0.09 miles

  • Jamba Juice

    0.09 miles

  • Hello

    0.14 miles

  • Sinopot

    0.15 miles

  • McDonald's

    0.17 miles

  • Denny's

    0.18 miles

  • Kabuki

    0.19 miles

  • SMT LA

    0.21 miles

  • Sizzler

    0.23 miles

  • Wilton Place Elementary School

    0.31 miles

  • Camino Nuevo CHT Middle School

    0.36 miles

  • Saint Brendan School

    0.55 miles

  • Hobart Boulevard Elementary School

    0.67 miles

  • Cahuenga Elementary School

    0.69 miles

  • California Design College

    0.69 miles

  • Saint Gregory School

    0.70 miles

  • Pacific States University

    0.73 miles

  • Robert F. Kennedy Community Schools

    0.80 miles

  • Mariposa-Nabi Primary School

    0.91 miles

  • Vine Street Early Education Center

    2.12 miles

  • Komitas

    3.00 miles

  • HIC Daycare

    3.02 miles

  • Ralph M. Parsons Preschool

    3.71 miles

  • Neighborhood Nursery School

    3.96 miles

  • Vernon Adult Day Program

    4.05 miles

  • Play Mountain Place

    4.25 miles

  • Valentina's Preschool

    4.31 miles

  • A Child's Place

    4.38 miles

  • Inti Wasi Preschool

    4.42 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space		 Rent Price Lease
Type		 Space
Type		 Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross		 General
Office		 11/01/2014-
N/A
370 17th Street
#6000		 Morrison & Foerster,
(303) 592-1500		 10,710 SF $26/SF/YR Full
Service		 General
Office		 08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 01 Oct, 2001
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Los Angeles

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Los Angeles Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2021 Avg. Asking Rent $46.17
  • 2021 Office Vacancy Rate 16.53%
  • 2021 Office Completions (SF) 1,315,654

Los Angeles Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2021 Avg. Price per SF $484.38
  • Y-o-Y Avg. PpSF Change 6.84%
  • 2021 Office Sales Volume $479.9M
  • 2021 Number of Transactions 15
View more Los Angeles market trends

Frequently Asked Questions

What is the total square footage of Wilshire Professional Building?

Wilshire Professional Building totals 77,961 square feet.

When was this property built?

Wilshire Professional Building was built in 1934.

When was Wilshire Professional Building last sold?

Wilshire Professional Building was last sold on 01 Oct, 2001.

What is the market value for Wilshire Professional Building?

The market value* for Wilshire Professional Building in 2022-2023 was $6,520,335.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

Tax

  • Base Tax $75,994
  • Current Tax $83,680
  • Market Value* $6,520,335
  • Assessed Value $6,520,335

Find more tax info, including assessment history and abatements, on CommercialEdge.

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

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