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4155 Wilshire Blvd, Los Angeles, CA, 90010

$6,500,000

0.51 Acres
Land

Location

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Property Highlights

Home TypeOther
MLS #24358203
Lot Size0.51 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 4155 Wilshire Blvd

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!

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Beverly Hills
  • Office Phone: (310) 432-6400
  • Listing Agent: Dario Svidler

Lot Features

Lot Information:

  • Lot Size: 0.51 Acres

Other

Directions Information:

  • Directions: Just west of Koreatown. Wilshire Blvd...one of the world's most visited streets!

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,500,000

Tax Information:

  • Annual Amount: $41,388
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

4155 Wilshire Blvd vs Los Angeles

276 DAYS ON ROCKET

+238 Days

$6,500,000

+$5.4M More

KEY TAKEAWAY

This property is $5.4M more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24358203

Listing Office:

  • Office Name: Keller Williams Beverly Hills
  • Office Phone: (310) 432-6400
  • Listing Agent: Dario Svidler

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 29, 2021Home Sold
$4,180,000
Jan 28, 2003Home Sold
$1,850,000
Dec 05, 1989Home Sold
$1,200,000
Dec 21, 1988Home Sold
$1,200,000
Dec 21, 1988Home Sold
$1,200,000

Tax History

YEARPROP. TAXASSESSMENT
2021$41,388$3,408,786
2020$807$3,373,834
2019$813$3,307,681
2018$813$3,242,825
2017$813$3,179,241

History based on county public records data.

Payment Calculator

$32.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$19.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-396587
8
/10
  • Wilshire Park Elementary

  • 4063 Ingraham St

  • 0.13 miles

  • Public District Grades KG-5

school-card-donut-396588
5
/10
  • Wilton Place Elementary

  • 745 S Wilton Pl

  • 0.28 miles

  • Public District Grades KG-5

school-card-donut-396589
7
/10
  • Kim Elementary School

  • 225 S Oxford Ave

  • 0.85 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,826. Residents of Los Angeles, CA typically earn less than $35k each year. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4155 Wilshire Blvd

What is the listing price of this property?

The listing price of 4155 Wilshire Blvd property is $6,500,000.

What type of property is this?

The property 4155 Wilshire Blvd is land located in Los Angeles, California, 90010.

Is this property for sale now?

Accepting Backup Offers: 4155 Wilshire Blvd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $41,388 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 29, 2021 for $4,180,000. (source: MLS/tax record).

How much acreage is this property?

The property 4155 Wilshire Blvd is 0.51 acres.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900104155 Wilshire Blvd

This home is located at 4155 Wilshire Blvd in Los Angeles, CA and zip code 90010 in the Central LA neighborhood. This home sits on a 0.51 acre lot. It has been listed on Rocket Homes since February 14, 2024 and is currently priced at $6,500,000.

In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. While the average time on the market in October 2024 was 38 days, the median list price was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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