Los Angeles County  »  1245 Wilshire Blvd

1245 Wilshire Boulevard, Los Angeles, CA 90017 Property Information

1245 Wilshire Boulevard, Los Angeles, CA 90017 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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1245 Wilshire Boulevard, Los Angeles, CA 90017
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Address

Primary address 1245 Wilshire Boulevard, Los Angeles
Alternate address(es) 1225 W Wilshire Blvd
1245 W Wilshire Blvd
Zip code 90017
County Los Angeles
Municipality Los Angeles
Neighborhood Westlake

Sales & Tax Overview for 1245 Wilshire Boulevard, Los Angeles

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Current property tax $396,863

Lot & Building Information for 1245 Wilshire Boulevard, Los Angeles

Building sqft 197,910
Total sqft 313,089
Building class Medical Dental Building - 6 to 13 Stories (1916)
Acreage 1.564
Buildings on lot 3
Year built 2016
Stories 6
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Weed hazard No
School district Los Angeles Unified School District

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Other Property Data for 1245 Wilshire Boulevard, Los Angeles

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  • • Improvements for 1245 Wilshire Boulevard, Los Angeles , including their type, square footage, grade and when they were built.
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About 1245 Wilshire Boulevard, Los Angeles

How many square feet does 1245 Wilshire Boulevard, Los Angeles, CA 90017 have?

This Medical Dental Building - 6 to 13 Stories (1916) located at 1245 Wilshire Boulevard, Los Angeles, CA 90017 has a total of 197,910 square feet.

What is the year built & the current market value of 1245 Wilshire Boulevard, Los Angeles, CA 90017?

1245 Wilshire Boulevard, Los Angeles, CA 90017 was built in 2016 and has a current tax assessor's market value of $85,599,898.

Ownership Information

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Past Sales & Property History for 1245 Wilshire Boulevard, Los Angeles

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No recorded sales for this property.

Title Documents for 1245 Wilshire Boulevard, Los Angeles

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Maturity Document Doc image
09/03/2025 Release
07/29/2025 Release
05/13/2025 Mechanics Lien
02/12/2025 Mechanics Lien
12/23/2024 Assignment of Rents
Financing Statement
Trust Deed
12/21/2021 Quitclaim Deed
(35 - Year lease reappraisal - Single parcel sale)
09/18/2020 Release
06/03/2020 Mechanics Lien
09/12/2014 Deed
(File correction - 2 parcels in multiple sale)
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R: Recorded date
D: Document date

Property Taxes for 1245 Wilshire Boulevard, Los Angeles

Access detailed property tax data for 1245 Wilshire Boulevard, Los Angeles, CA 90017. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Base tax $1,016,413
Current property tax $396,863
Market value $85,599,898

Special Assessments And Penalties for 1245 Wilshire Boulevard, Los Angeles

Special Assessments

Abatements, financial assistance programs and non-ad valorem taxes levied as special taxes/direct assessments are applicable for this property.

Code Description Tax levied
03694 La County Regional Park And Open Space District
18852 Los Angeles City Street Light Maintenance Land
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs
18850 Los Angeles Landscape & Lighting Dist #96-1

Assessment History for 1245 Wilshire Boulevard, Los Angeles

Here's the assessment & property tax history for 1245 Wilshire Boulevard, Los Angeles, including the evolution of the total tax rate and corresponding property tax.

Year Assessment value Total tax rate Property tax Year over year change
2025-2026 $85,599,898 1.1874 $1,016,413 +0.95%
2024-2025 $83,921,470 1.1997 $1,006,806 +2.03%
2023-2024 $82,275,952 1.1994 $986,818 +4.97%
2022-2023 $80,662,699 1.1655 $940,124 +1.16%
2021-2022 $79,081,079 1.1752 $929,361 -1.06%

Permits for 1245 Wilshire Boulevard, Los Angeles

The complete history of permits filed for 1245 Wilshire Boulevard, Los Angeles, including new construction or demolition permits, complaints, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Issued Permit Type Sub type Valuation Expires Status
09/01/2016
09/01/2016
08/23/2016
07/20/2016
07/19/2016
06/23/2016
06/08/2016
06/08/2016
06/07/2016
06/03/2016
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Los Angeles residential market stats

Median Sale Price
$1,000,000
1% YoY
Median Price/Sqft
$663
1.5% YoY
Los Angeles County Median Sale Price
$872,000
0.2% YoY

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Demographics by Zip Code

Total population 30,172
Median age 33.3
Average household income $72,581
Family households 38.1%
Occupied housing units 14,606
Owner occupied units 5.7%
Average number of people per household 2.02
Median year structure built 1991
Median value for units with a mortgage $666,400
Median value for units without a mortgage $886,900

Risk

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FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Faults and tsunami inundation zone map
Landslides and liquefaction map

Transportation

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Neighbors for 1245 Wilshire Boulevard, Los Angeles

Here are the neighbors for 1245 Wilshire Boulevard, Los Angeles.

Address Square feet Purchase date Purchase price
888 S Hope St, Los Angeles 535,991 03/05/2024 $186,000,000
736 Crocker St, Los Angeles 6,336 04/17/2019
1925 Wilshire Blvd, Los Angeles 61,703
811 S Carondelet St, Los Angeles 29,351 08/23/2013 $1,125,000
401 S Grand View St, Los Angeles 09/10/2013 $1,625,000
1001 S Olive St, Los Angeles 186,931 04/18/2017 $110,000,000
1249 S Grand Ave, Los Angeles 98,683 10/28/2013 $3,250,000
1120 W 6th St, Los Angeles 326,068 09/27/2019 $272,500,000
1000 S Grand Ave, Los Angeles 274,675 04/28/2015
772 S Ceres Ave, Los Angeles 8,340 11/19/2021 $3,830,500
1200 S Grand Ave, Los Angeles 311,717 12/30/2024 $122,000,000
768 S Ceres Ave, Los Angeles 8,340 11/19/2021 $3,830,500
221 S Grand Ave, Los Angeles 109,973 07/28/2016 $300,000
1331 W 7th St, Los Angeles 92,810 02/20/2013 $2,300,000
637 Lucas Ave, Los Angeles 176,395 12/23/2024
1243 S Olive St, Los Angeles 279,351 01/21/2021 $121,000,000
1026 S Broadway, Los Angeles 277,250 06/11/2014
615 S Wall St, Los Angeles 289 07/01/2014
240 E 6th St, Los Angeles 81,800 07/01/2014
2300 W Valley St, Los Angeles 26,319 05/23/2025 $6,048,000

Nearby ZIP Codes for 1245 Wilshire Boulevard, Los Angeles

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