www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
26819175
26819174

5858 Wilshire Blvd, Los Angeles, CA 90036

AT
CA 01363109
Lee & Associates - Los Angeles - West
KF
CA 01729915
Lee & Associates - Los Angeles - West
TI
Lee & Associates - Los Angeles - West
TL
CA 01261129
Lee & Associates - Los Angeles - West
Lee & Associates - Los Angeles - West
Listed by Lee & Associates - Los Angeles - West
Unpriced
272 days on market
Updated 110 days ago

5858 Wilshire Blvd

Details
APN 508-901-1002
Property Type Retail, Office
Sub Type Executive Office, Medical Office (+1)
Square Footage 31,482
Occupancy 75%
Tenancy Multi
Lease Term 3.8
Lease Options available within 12–24 months
Year Built 1957
Year Renovated 1985
Lot Size (SqFt) 38,160.7
Zoning C4+R3
Parking Spaces 92 spaces
Parking Per SqFt 2.92
Investment Type Owner/User

Retail | 31,482 SqFt

Marketing description

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

The Miracle Mile district stands at the center of Los Angeles’ creative economy, home to a premier concentration of media and entertainment headquarters.

This vibrant corridor attracts top talent with its unique blend of upscale apartments, established residential neighborhoods, and a lifestyle defined by high-end dining, shopping, and nightlife. Steeped in the glamour of early Hollywood and showcased through its iconic Beaux Arts architecture, Miracle Mile continues to set the stage for innovation and culture.

Anchored by the world-class institutions of Museum Row, it offers companies and investors a rare opportunity to position themselves in one of Los Angeles’ most influential and prestigious creative hubs

Investment highlights

  • Prime Location: Rare multi-tenant office opportunity in the heart of Miracle Mile’s Museum Row.
  • Value-Add or Owner-User: 75% occupied by six tenants on flexible leases, creating immediate repositioning or occupancy potential.
  • Owner-User Advantage: Ability to combine suites for full-floor occupancy while benefiting from rental income from existing tenants
  • Stabilized Income: Strong 75% occupancy across a diverse tenant base, providing near-stabilized cash flow with upside.
  • Land & Zoning Flexibility: 38,161 SF (.87 acres) across six parcels with C4 and R3 zoning, offering redevelopment potential including multifamily, mixed-use, or partial disposition/recapitalization strategies.
  • Significant Signage Opportunity : Lighted wall encompassing The Full west side of the building facing the adjacent LACMA galleries and Wilshire Blvd.

Listing Contacts

AT
CA 01363109
Lee & Associates - Los Angeles - West
KF
CA 01729915
Lee & Associates - Los Angeles - West
TI
Lee & Associates - Los Angeles - West
TL
CA 01261129
Lee & Associates - Los Angeles - West
Lee & Associates - Los Angeles - West
Listed by Lee & Associates - Los Angeles - West

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Aleks Trifunovic, SIOR
License
01363109
Brokerage
Lee WestLA
Brokerage Phone
3108992700
Title
Principal
Brokerage Address
1508 17th Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591