Today Today the Miracle Mile District Is a Cultural Center, With
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Property Offering • 5800 Wilshire Blvd, 725-731 S Curson Ave and 712 S Stanley Ave consists of 21,102 sq.ft. of buildings on 33,568 sq.ft. of land. The site includes two 2-story office buildings, a residential quadruplex and parking lots. • The site is ideal for boutique hotel, multi-family, commercial, or mixed-use development, and has digital billboard potential. It is directly across from the world famous La Brea Tar Pits and Museum and the Los Angeles County Museum of Art (LACMA). It is adjacent to Hancock Park and Park La Brea and near the Peterson Automotive Museum, Craft & Folk Art Museum, Academy Museum of Motion Pictures and the El Rey Theater. • There are currently five development projects along Wilshire Blvd within one-half mile west and east of the subject. The Academy of Motion Pictures is building a museum at Fairfax and Wilshire; LACMA is in the process of a major redesign; J.H. Snyder has begun construction of a 21-story apartment tower across from the subject; Walter N. Marks has plans for a 42-story multi-family and retail tower at the Staples store site; and CGI Strategies has filed applications to construct a 7-story mixed-use building at Wilshire and La Brea Ave. • The property is currently occupied. Please do not disturb the occupant. Call broker to show. Anthony S Behar Wilshire Blvd 213.747.8426 1200 W Olympic Blvd [email protected] Los Angeles, CA 90015 REAL ESTATE “Miracle Mile” BRE # 01368565 www.majorproperties.com Commercial • Industrial • Residential “MIRACLE MILE” DEVELOPMENT OPPORTUNITY ON MUSEUM ROW 5800 WILSHIRE BLVD – 725-731 S CURSON AVE – 712 S STANLEY AVE LOS ANGELES, CA 90036 INVESTMENT HIGHLIGHTS PROPERTY DETAILS • Prime development site for boutique hotel, multi-family, • 3 separate buildings: commercial, or mixed-use applications 1) 11,400 sq.ft. 2-story office building with elevator • Owner/user for professional, creative or medical offices Built in 1958 (renovated in 2004) Open floor plans with conference rooms and private offices • Digital billboard potential 2) 6,950 sq.ft. quadruplex built in 1928 (vacant) • Across from the world famous La Brea Tar Pits, Hancock Park Two 2-bedroom units and two 3-bedroom units built in 1928 and the Los Angeles County Museum of Art (LACMA) Large apartments (may be purchased separately) • Near the Peterson Automotive Museum, Craft & Folk Art 3) 2,752 sq.ft. 2-story office building built in 1926 (vacant) Museum, Academy Museum of Motion Pictures and the Built in 1926 El Rey Theater • Total building sq.ft.: 21,102 — Total land sq.ft.: 33,568 • The Wilshire Blvd “Miracle Mile” is home to a wide variety of businesses: retail, restaurants, advertising, publishing, hotels, • Office parking: 54 vehicles | Quadruplex parking: 8 vehicles fitness centers, entertainment firms, financial services, etc. • Zoned LA C2-1, LA C4 and LA R3 • City of Beverly Hills is situated one-half mile to the west • Assessor’s parcel number 5089-010-005,006,007,008,009,023 • Easy access to Hollywood and Downtown Los Angeles • 50,172 vehicles per day at Wilshire Blvd & Stanley Ave (2018) • Located between La Cienega Blvd and La Brea Avenue • Situated in the heart of Museum Row • Frontage on Metro Purple Line subway (under construction) • 5800 Wilshire Blvd occupied by owner — Can deliver vacant • Directly across Wilshire Blvd from J.H. Snyder’s 21-story, 285 • Council District 4: David Ryu unit apartment complex development at 620 S Curson Ave • Asking price: $30,000,000 YOUTUBE VIDEO ABOUT THE SITE Join the Renaissance! Once in a Generation Purchase Opportunity in the Heart of the “Miracle Mile” Anthony S Behar Wilshire Blvd 213.747.8426 1200 W Olympic Blvd [email protected] Los Angeles, CA 90015 REAL ESTATE “Miracle Mile” BRE # 01368565 www.majorproperties.com Commercial • Industrial • Residential Office Buildings Details 5800 WILSHIRE BOULEVARD 725 S CURSON AVENUE Located directly across from La Brea Tar Pits Located just south of Wilshire Boulevard • 11,400 sq.ft. two-story office building • 2,752 sq.ft. two-story office building • Ground floor: • Ground floor: Lobby with elevator 3 private rooms Large bullpen area Kitchen Conference room • Second floor: 1 executive suite 4 private offices 4 private offices • Second floor: • Shared parking lots with 5800 Wilshire Blvd Conference room • Abundant natural light 3 executive suites • Airy and bright with high ceilings 8 private offices Expansive views across Wilshire Blvd to La Brea Tar Pits • Window views • Rear parking lot behind building for 54 vehicles • Full HVAC throughout building • Full HVAC throughout building • Security cameras • Stairs and elevator access between floors • Stair access between floors Anthony S Behar Wilshire Blvd 213.747.8426 1200 W Olympic Blvd [email protected] Los Angeles, CA 90015 REAL ESTATE “Miracle Mile” BRE # 01368565 www.majorproperties.com Commercial • Industrial • Residential Anthony S Behar Wilshire Blvd 213.747.8426 1200 W Olympic Blvd [email protected] Los Angeles, CA 90015 REAL ESTATE “Miracle Mile” BRE # 01368565 www.majorproperties.com Commercial • Industrial • Residential Anthony S Behar Wilshire Blvd 213.747.8426 1200 W Olympic Blvd [email protected] Los Angeles, CA 90015 REAL ESTATE “Miracle Mile” BRE # 01368565 www.majorproperties.com Commercial • Industrial • Residential Subject Aerial Photo Anthony S Behar Wilshire Blvd 213.747.8426 1200 W Olympic Blvd [email protected] Los Angeles, CA 90015 REAL ESTATE “Miracle Mile” BRE # 01368565 www.majorproperties.com Commercial • Industrial • Residential Subject Photos | 5800 Wilshire Blvd Office Building Anthony S Behar Wilshire Blvd 213.747.8426 1200 W Olympic Blvd [email protected] Los Angeles, CA 90015 REAL ESTATE “Miracle Mile” BRE # 01368565 www.majorproperties.com Commercial • Industrial • Residential Subject Photos | 5800 Wilshire Blvd Office Building Anthony S Behar Wilshire Blvd 213.747.8426 1200 W Olympic Blvd [email protected] Los Angeles, CA 90015 REAL ESTATE “Miracle Mile” BRE # 01368565 www.majorproperties.com Commercial • Industrial • Residential Subject Photos | 5800 Wilshire Blvd Office Building Anthony S Behar Wilshire Blvd 213.747.8426 1200 W Olympic Blvd [email protected] Los Angeles, CA 90015 REAL ESTATE “Miracle Mile” BRE # 01368565 www.majorproperties.com Commercial • Industrial • Residential Subject Photos | 725 S Curson Avenue Office Building Anthony S Behar Wilshire Blvd 213.747.8426 1200 W Olympic Blvd [email protected] Los Angeles, CA 90015 REAL ESTATE “Miracle Mile” BRE # 01368565 www.majorproperties.com Commercial • Industrial • Residential Subject Photos | 712 S Stanley Avenue Quadruplex Anthony S Behar Wilshire Blvd 213.747.8426 1200 W Olympic Blvd [email protected] Los Angeles, CA 90015 REAL ESTATE “Miracle Mile” BRE # 01368565 www.majorproperties.com Commercial • Industrial • Residential Subject Photos | 712 S Stanley Avenue Quadruplex Anthony S Behar Wilshire Blvd 213.747.8426 1200 W Olympic Blvd [email protected] Los Angeles, CA 90015 REAL ESTATE “Miracle Mile” BRE # 01368565 www.majorproperties.com Commercial • Industrial • Residential Subject Photos | Parking Lots Parking Lot Behind 5800 Wilshire Blvd Parking Lot Behind 5800 Wilshire Blvd 725 S Curson Ave Office and Parking Lot 731 S Curson Parking Lot Anthony S Behar Wilshire Blvd 213.747.8426 1200 W Olympic Blvd [email protected] Los Angeles, CA 90015 REAL ESTATE “Miracle Mile” BRE # 01368565 www.majorproperties.com Commercial • Industrial • Residential Area Photos | Views From Subject View Across Wilshire to La Brea Tar Pits From 5800 Wilshire Blvd View Across Wilshire to La Brea Tar Pits From 5800 Wilshire Blvd View to the East Along Wilshire Blvd View to the West Along Wilshire Blvd Anthony S Behar Wilshire Blvd 213.747.8426 1200 W Olympic Blvd [email protected] Los Angeles, CA 90015 REAL ESTATE “Miracle Mile” BRE # 01368565 www.majorproperties.com Commercial • Industrial • Residential Anthony S Behar Wilshire Blvd 213.747.8426 1200 W Olympic Blvd [email protected] Los Angeles, CA 90015 REAL ESTATE “Miracle Mile” BRE # 01368565 www.majorproperties.com Commercial • Industrial • Residential Subject Area Map Anthony S Behar Wilshire Blvd 213.747.8426 1200 W Olympic Blvd [email protected] Los Angeles, CA 90015 REAL ESTATE “Miracle Mile” BRE # 01368565 www.majorproperties.com Commercial • Industrial • Residential Subject Plat Map Anthony S Behar Wilshire Blvd 213.747.8426 1200 W Olympic Blvd [email protected] Los Angeles, CA 90015 REAL ESTATE “Miracle Mile” BRE # 01368565 www.majorproperties.com Commercial • Industrial • Residential Subject Parcel Details 5800 Wilshire Blvd, Los Angeles, CA 90036 725 S Curson Ave, Los Angeles, CA 90036 Land Use ................................. Office Building Land Use ................................. Office Building Building Area ........................... 11,400± Sq.Ft. Building Area .............................2,752± Sq.Ft. Stories: .......................................................... 2 Stories: .......................................................... 2 Year Built .........................................1958/1985 Year Built .........................................1926/1957 Land Area...................................5,975± Sq.Ft. Land Area.................................. 5,500± Sq.Ft. Zoning ................................................... LA C4 Zoning ................................................... LA R3 Assessor’s Parcel