5520 Wilshire Boulevard, Los Angeles, CA 90036
Miracle Mile, Mid-City West, Central LA, Los Angeles
Welcome to 5520 Wilshire Boulevard, a building located in Miracle Mile, Mid-City West, Central LA, Los Angeles in Los Angeles, CA.
As a quick overview, these are the most up-to-date information we've collected about the property.
The building itself was built in 2016.
Finally, 5520 Wilshire Boulevard was most recently sold on Jan 30, 2017 for $47,775,000.
According to local assessors, the total value of the building is currently valued at $117,129,499.
Specifically, the value of the land that the property sits on has been assessed at $24,987,626.
The building was last assessed in 2023.
Here's what we know about the features and amenities in this building.
While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead.
We are not sure what system the building uses for cooling.
Sadly, informaton related to the heating system was not disclosed.
There is no porch or patio on the premise of the property.
For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool.
The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
Effective Year Built
2016
Building Condition
unknown
Exterior Walls Type
unknown
Interior Walls Type
unknown
Building
Property Class
Residential
Standard Land Use Code
Apartments (generic)
County Land Use Code
unknown
Legal Description 1
TR=62842 LOT 2
Ownership
Current Owner
MONOGRAM RESIDENTIAL DESMOND TIC LLC
Current Owner's Name
MONOGRAM RESIDENTIAL WILSHIRE LLC
Previous Owner
AERC DESMONDS TOWER LLC
Previous Owner's Name
MONOGRAM RESIDENTIAL WILSHIRE LLC
Owner Address - City
HOUSTON
Owner Address - ZIP Code
77057
Owner Last Name
MONOGRAM RESIDENTIAL WILSHIRE
Owner Before Previous Owner
AERC DESMONDS TOWER LLC
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Los Angeles Unified School District
Census - Combined Statistical Area - Area Code
348
Census - Combined Statistical Area - Area Name
Los Angeles-Long Beach, CA
Census - County FIPS
06037
Census - Full FIPS
060372162012000
Census - Metropolitan Division - Area Code
31084
Census - Metropolitan Division - Area Name
Los Angeles-Long Beach-Glendale, CA
Census - Metro Micro Statistical Area - Area Code
31080
Census - Metro Micro Statistical Area - Area Name
Los Angeles-Long Beach-Anaheim, CA
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
0644000
Census Source
US Census Bureau
School District - Unified - Grade High
12
School District - Unified - Grade Low
KG
School District - Unified - LEA Code
0622710
School District - Unified - Name
Los Angeles Unified School District
Geography
Subdivision Tract Number
62842
Municipality
HALL OF ADMIN
Mailing Carrier Code
C031
Mailing Full Street Address
750 BERING DR STE 300
Mailing 4-Digit Zip Code
2132
Valuation
Timestamp
2023-11-02 21:32:05
More About The Building
In total, the building area is listed as 186,798 square feet.
The building itself has 186,798 square footage of total floor area.
Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition.
The building class code for 5520 Wilshire Boulevard is unknown but given the importance of this information, we will work to update this data as soon as possible.
Interested in learning more about the neighborhood that the property is located in?
Buildings in the Mid-City West area have a median price of $5,295.
Those in the 25th percentile, have a price around $3,436.
While those in the 75th percentile, have a price around $10,125.
Typically, the buildings in this area have a median sqft of 1,393.
That means that the median price per sqft is around $4.
In other words, the price per sqft for buildings in the 25th percentile is $3.
While the price per sqft for buildings in the 75th percentile is $5.
As a breakdown, we've included the following stats:
- There are currently a total of 12 studio listings.
The median price for these types of listings is $2,673.
That's $4.59 price per sqft.
- There are currently a total of 68 one bedroom listings.
The median price for these types of listings is $3,162.
That's $3.95 price per sqft.
- There are currently a total of 73 two bedroom listings.
The median price for these types of listings is $4,750.
That's $3.71 price per sqft.
- There are currently a total of 54 three bedroom listings.
The median price for these types of listings is $6,653.
That's $3.70 price per sqft.
- There are currently a total of 61 four bedroom listings.
The median price for these types of listings is $18,000.
That's $4.39 price per sqft.
About The Area
5520 Wilshire Boulevard is located in Los Angeles County, California.
There are 10,057,155 people living here.
There are 3,281,845 households.
Most of these households have an average family size of 3.69 people.
According to the census, 54% are currently renting while 46% own their homes.
The median age of this population is around 35.8 years old.
On average, most folks in the county are unmarried.
About 57% of folks speak a language other than English in this area.
The area's employment rate is currently around 58.6%.
Speaking of employment, the median income is $57,952.
Most folks will commute by car for around 30.4 minutes.
Finally, we know that 21% of residents in the area have graduated with their high school degree.
Additionally, 20% and 11% have their Bachelor's and Master's degree, respectfully.
Moving on to the urban area level.
Los Angeles - Long Beach - Anaheim, CA Urban Area has a population of 12,492,745 people.
Based on census records, there are 4,042,635 registered households.
Families in this area are on average made up of 3.68 people per household.
Most folks are unmarried.
They are also typically around 35.9 years old.
Does diversity matter to you? Right now, 56% of folks speak a language other than English here.
About 53% rent while 47% purchased their homes.
Right now, the community is made up of 20% of residents who have graduated with at least a high school degree.
On top of that, 21% have a Bachelor's degree and 11% have a Master's degree.
The employment rate is currently around 59.3%.
Those employed, have a median income of $60,884.
If you move here, you can expect to commute mostly by car for around 29.6 minutes.
$2,673
Studio Median Rent
PUBLIC TRANSIT
Wilshire / Dunsmuir (Under 500 ft - 3 min walk)
Metro - Los Angeles
Wilshire / Dunsmuir (Under 500 ft - 3 min walk)
Metro - Los Angeles
Wilshire / Ridgeley (Under 500 ft - 3 min walk)
Metro - Los Angeles
Wilshire / Ridgeley (Under 500 ft - 3 min walk)
Metro - Los Angeles
Wilshire / Cloverdale (830 ft - 3 min walk)
Metro - Los Angeles
Nearby Schools
(within attendance boundary) 5241 W. Olympic Blvd., Los Angeles, CA 90036
Public
•
Elementary
•
Grades KG to 5
Los Angeles Unified School District
600 S. Mccadden Pl., Los Angeles, CA 90005
Public
•
Middle School
•
Grades 6 to 8
Los Angeles Unified School District
7850 Melrose Ave., Los Angeles, CA 90046
Public
•
High School
•
Grades 9 to 12
Los Angeles Unified School District
School zoning information and other data are provided by
RealtyHop Schools and 3rd party sources.
The contents of the database are not guaranteed to be accurate or timely.
Contact the schools or districts before making any decisions using on this data.