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4155 Wilshire Blvd, Los Angeles, CA 90010
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4155 Wilshire Blvd Los Angeles, CA 90010

$6,500,000
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
For Sale
$6,500,000 Get Pre-Qualified
Map preview of 4155 Wilshire Blvd, Los Angeles, CA 90010

Property Overview: 4155 Wilshire Blvd Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 22,362 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: We are proud to present for sale a development opportunity in prime Los Angeles' Windsor Square neighborhood - that vacant lot on Wilshire Blvd. that you have been driving past for years wondering, why don't they build something there?! Well, now is your chance! The opportunity consists of a 22,377 SF lot zoned CR(PKM)-1 in a Tier 3 TOC area with direct street access on three sides of the lot. The property falls under the General Commercial designation in the General Plan, allowing for R4 density! Or go for Unlimited Density by utilizing State Density Laws with 100% Affordable Housing. The property is subject to the Park Mile Specific Plan. Build 55+/- Units by Right with AB2334, or up to 110+/- Units by Density Bonus! Go with a strictly 100% Affordable Housing Project to maximize density. The location qualifies for SAFMR Tier 2 rents. Next to Koreatown and across the street from the gorgeous Los Altos apartment building and half a mile to the Metro (D) Purple Line Station, this property is located in a high demand area that is soon to have easy access to the Metro Line that will take future tenants towards Westwood, as it now already takes them to Downtown. AB1287 may provide up to a 100% increase in density, provided that 15% of the base density is set aside for Very-Low Income Tenants and 15% of base density is set aside for Moderate Income Tenants. No tenants, no Ellis, no RSO, the property is ready for it's next role in life, and ready to become the go-to spot for all different tenant types out there!

Listed by Dario Svidler | BRE #01884474 | Keller Williams Beverly Hills
Co-listed by Jordan Petito | BRE #02023714 | Keller Williams Beverly Hills
Last checked: 6 minutes ago | Last updated: March 6th, 2024 | Source CRMLS | DOM: 66
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Home details

Lot Sq. Ft
22,362
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Active
MLS#
24358203
City
Los Angeles
County
Los Angeles
Time on Site
77 days

Open Houses for 4155 Wilshire Blvd

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Property Details for 4155 Wilshire Blvd

Lot Details / Garage and Parking
Property Information
  • Has View
  • Parcel Number: 5504009017
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Just west of Koreatown. Wilshire Blvd...one of the world's most visited streets!
View more facts & features

Local Los Angeles Agent

Sale History for 4155 Wilshire Blvd

Last sold for $4,180,000 on February 21st, 2022

  • February, 2024

  • Feb 14, 2024

    Date

    Active

    CRMLS: 24358203

    $6,500,000

    Price

  • February, 2022

  • Feb 21, 2022

    Date

    Sold

    CRMLS: 21736226

    $4,180,000

    Price

  • May 25, 2021

    Date

    Active

    CRMLS: 21736226

    $4,390,000

    Price

  • Listing provided courtesy of CRMLS

    Amazing commercial land located on Wilshire Blvd, south of Hancock Park and west of Koreatown. Great opportunity for developers with experience. Part of Park Mile Specific Zone.

  • June, 2021

  • Jun 29, 2021

    Date

    Active Under Contract

    CRMLS: 21692224

    $4,650,000

    Price

  • May 30, 2021

    Date

    Active

    CRMLS: 21692224

    $4,650,000

    Price

  • May 25, 2021

    Date

    Withdrawn

    CRMLS: 21692224

    $4,650,000

    Price

  • Mar 10, 2021

    Date

    Price Change

    CRMLS: 21692224

    $4,650,000

    Price

  • Feb 11, 2021

    Date

    Active Under Contract

    CRMLS: 21692224

    $4,750,000

    Price

  • Listing provided courtesy of CRMLS

    Vacant lot in Park Mile are, just south of Hancock Park. Over 1/2 acre of land on Wilshire Blvd. Hard to find jewel.

  • January, 2021

  • Jan 15, 2021

    Date

    Expired

    CRMLS: 20637084

    $4,750,000

    Price

  • Oct 18, 2020

    Date

    Active Under Contract

    CRMLS: 20637084

    $4,750,000

    Price

  • Sep 25, 2020

    Date

    Price Change

    CRMLS: 20637084

    $4,750,000

    Price

  • Sep 24, 2020

    Date

    Active

    CRMLS: 20637084

    $5,490,000

    Price

  • Listing provided courtesy of CRMLS

    Large vacant land on Wilshire Blvd corridor within Park Mile Specific zone. Over 1/2 acre of land at only $212/sqft. This will not last! Location! Location! Location!

  • May, 2020

  • May 14, 2020

    Date

    Active

    CRMLS: 20579256

    $5,500,000

    Price

  • Listing provided courtesy of CRMLS

    Remarkable piece of commercial land along Wilshire Blvd within Hancock Park adjacent and Park Mile Specific zone. Purchaser to do own due diligence on the feasibility for development.

  • November, 2016

  • Nov 7, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2016

  • Mar 18, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 4155 Wilshire Blvd

Assessed Value (2020): --
Year Land Value Improved Value Assessed Value
2020 $3,373,834 -- --

Home Value Compared to the Market

This property vs the competition

4155 Wilshire Blvd is listed 425.89% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000.

About 4155 Wilshire Blvd

Detailed summary of property

4155 Wilshire Blvd is a land located in Los Angeles, CA 90010 and is currently for sale. This land offers -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 22,362 square foot lot. 4155 Wilshire Blvd was first listed on ArdentRealEstateGroup.com on February 14, 2024. The homeowner is currently asking $6,500,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 425.89% higher than the median priced home. Local competing homes currently for sale include 112 N Beverly Glen, 453 Dalehurst Ave and 9324 Firth Blvd. While the average home in Los Angeles, CA is selling in 96 days, 4155 Wilshire Blvd has a days on market of 66 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 4155 Wilshire Blvd Los Angeles, CA 90010 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4155 Wilshire Blvd

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
22,376
Stories
--
Type
Commercial-Vacant Land
Pool
No
Spa
No
County
Los Angeles
Lot#
162
APN
5504-009-017

The source for these homes facts are from public records.

90010 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$969,000
Median List Price/Sq.Ft.
$713
Median Sold Price
$982,500
Median Sold Price/Sq.Ft.
$707
Total Inventory
17
Median Sale to List Price %
99.75%
Avg Days on Market
40
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (16.67%), Other (16.67%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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