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Miracle Mile Museum Row Opportunity

3 Properties in Los Angeles, CA

Investment Highlights

  • Once in a Generation Purchase Opportunity in the Heart of the the “Miracle Mile”
  • Directly Across From La Brea Tar Pits & Adjacent to LACMA
  • Close to Peterson Automobile Museum, Hancock Park, Academy Museum
  • Prime Owner/User Office Buildings + Parking Lots or Development Site
  • Potential for Hotel, Commercial, Multi-Family or Mixed-Use Development

Executive Summary

5800 Wilshire Blvd and 725-731 S Curzon Ave consists of 14,152 sq.ft. of buildings on 26,619 sq.ft. of land. The site includes two 2-story office buildings and parking lots.
The site is ideal as is for an owner/user for professional or medical offices, and additionally has potential for boutique hotel, multi-family, commercial, or mixed-use development. There is also 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.
The Academy of Motion Pictures museum was completed at Fairfax and Wilshire in the classic May Company modern building; LACMA is in the process of a major redesign and new development, to be finished in late 2024; J.H. Snyder has finished 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 has received entitlements for an eight-story building with a 125-room hotel, 121 residential units, and 13,000 sq. ft. of street-level and rooftop restaurant space at Wilshire and La Brea Ave. 
The 11,400 SF two-story office building has full HVAC throughout. The ground floor has a lobby and elevator, large bullpen area, conference room, 1 executive suite, and 4 private offices. The second floor has a conference room, 3 executive suites, 8 private offices, and expansive views across Wilshire to the La Brea Tar Pits. The rear parking lots behind the building has parking for 54 vehicles.
725 S Curson Avenue is located just south of Wilshire Blvd. The 2,752 SF two-story office building has full HVAC throughout, window views, abundant natural light, and is airy and bright with high ceilings. The ground floor with 3 private rooms and a kitchen. The second floor has 4 private offices. The property shares parking lots with 5800 Wilshire Blvd.
731 S Curson Avenue is a parking lot.

Property Facts

Sale Type Investment or Owner User
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 14,152 SF
Total Land Area 0.61 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
725 S Curson Ave, Los Angeles, CA 90036 Office 2,752 SF 1926 -
5800 Wilshire Blvd, Los Angeles, CA 90036 Office 11,400 SF 1958 -
731 S Curson Ave, Los Angeles, CA 90036 Land 0.13 AC - -
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  • Listing ID: 33626268

  • Date on Market: 24/10/2024

  • Last Updated:

  • Address: Miracle Mile Museum Row Opportunity, Los Angeles, CA

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