5400-5420 Wilshire — Sale in Los Angeles, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Los Angeles, CA 90036

Description

Designed by acclaimed architect Morgan, Walls and Clements in 1930, the Dominguez Wilshire is registered with the Los Angeles Conservancy as one of the era’s most impressive Art Deco buildings. Beautifully restored, the Dominguez Wilshire is the premier destination for architecturally significant yet modern creative office in Miracle Mile.

Market Context

This office in Los Angeles, CA is listed for sale. It has been on the market for 140 days. Compare it against other office listings for sale in Los Angeles, CA — view the full market.

As of Q1 2026, the Greater Los Angeles office market showed a 14.7% vacancy rate, average asking rents near $35.40/SF/yr, rents up 0.7% year over year, and cap rates around 5.8%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Office market FAQ

What is the typical cap rate for office in Greater Los Angeles?
About 5.8% as of Q1 2026, per multiple brokerage reports.
Is the Greater Los Angeles office market tightening or softening?
Vacancy is around 14.7%, with asking rents rising year over year (Q1 2026).

Estimated Market Rate

$310.59/SF – $420.21/SF

Mid: $365.40/SF

Rate estimator only; cost-of-business estimate unavailable.

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