Mary Cummins, Real Estate Appraiser, Animal Advocates, Los Angeles, California

Mary Cummins, Real Estate Appraiser, Animal Advocates, Los Angeles, California
WEBSITE       RESUME       CONTACT       FACEBOOK        LINKEDIN       

Tuesday, March 8, 2022

Carnation Milk Building 5045, 5055 Wilshire Blvd, Los Angeles, CA 90036, by Mary Cummins Real Estate Appraiser

Carnation Milk Building, Los Angeles, California, 90036, 5045 Wilshire Blvd, 5055 Wilshire, Architect Stiles Clements, Mary Cummins, real estate appraiser, real estate appraisal, 1949
Carnation Milk Building, Los Angeles, California, 90036, 5045 Wilshire Blvd, 5055 Wilshire, Architect Stiles Clements, Mary Cummins, real estate appraiser, real estate appraisal, 1949

In 1948 Carnation began construction of their new world corporate headquarters located at 5045 Wilshire Blvd, Los Angeles, California 90036. There was also a cafeteria and parking area. The building was nine stories and was built at a cost of $2,000,000. Architect was Stile Oliver Clements and contractor, builder was William Simpson. It included 5075 Wilshire which was a restaurant, cafeteria next door. The grand opening was August 31, 1949 which was also Carnation's 50th Anniversary since the company was founded in 1899. The company was founded by Elbridge Amos Stuart. (Information from Los Angeles Times article August 30, 31, 1949).

The new building included the planting of six 78' tall palm trees which were taken from Manhattan Blvd nearby. There was originally a stream on the site which caused issues when they were building it. The stream was directed below the property when nearby developers built another building diverting it. For this reason the building is built on 645 steel pilings. 

The current addresses are 5045, 5055, 5075 Wilshire Blvd. ( Google map ). The building is 78,486 sf  on a 190,237 sf street to street lot. It was originally nine stories and a penthouse for a total of ten floors. In 1993 there was an addition of an "11" story building directly to the west of the original building. It was actually 10 floors and a basement. The original was built with an elevator and air conditioning. The neon letters on the west side were 57' long and the "C" was 17' tall.

The current owners are Dsg Wilshire LLC & Jw Wilshire LLC. It's currently assessed at about $52,000,000 per the Los Angeles County Tax Assessor. Assessment does not equal value. Today the main address is 5055 Wilshire Blvd, Los Angeles, CA 90036, Census tract 2110, Tract 5049, zoned LAC4. Legal description is TR=5049 VAC STS,EX OF ST LOT 119 AND ALL OF LOTS 116,117 AND 118 . This information is for people trying to find records for the property. They're not under the address or original APN, lot numbers.

Below is a photo of the Carnation Building in 1978 before the addition.

Carnation Milk Building, Los Angeles, California, 90036, 5045 Wilshire Blvd, 5055 Wilshire, Architect Stiles Clements, Mary Cummins, real estate appraiser, real estate appraisal, 1949
Carnation Milk Building, Los Angeles, California, 90036, 5045 Wilshire Blvd, 5055 Wilshire, Architect Stiles Clements, Mary Cummins, real estate appraiser, real estate appraisal, 1949

Below is what it looks like today after the addition and remodel in 1993. The part on the left is the newer addition.

 

Carnation Milk Building, Los Angeles, California, 90036, 5045 Wilshire Blvd, 5055 Wilshire, Architect Stiles Clements, Mary Cummins, real estate appraiser, real estate appraisal, 1949
Carnation Milk Building, Los Angeles, California, 90036, 5045 Wilshire Blvd, 5055 Wilshire, Architect Stiles Clements, Mary Cummins, real estate appraiser, real estate appraisal, 1949

https://thesomersetgroup.com/properties/5055-wilshire-boulevard/

Below are the original permit, 1993 addition, certificates of occupancy and the plat map. There was a lot tie among all the lots which is why the lot numbers, APNs and addresses keep changing. 

Carnation Milk Building, Los Angeles, California, 90036, 5045 Wilshire Blvd, 5055 Wilshire, Architect Stiles Clements, Mary Cummins, real estate appraiser, real estate appraisal, 1949
Carnation Milk Building, Los Angeles, California, 90036, 5045 Wilshire Blvd, 5055 Wilshire, Architect Stiles Clements, Mary Cummins, real estate appraiser, real estate appraisal, 1949







Mary Cummins of Cummins Real Estate is a certified residential licensed appraiser in Los Angeles, California. Mary Cummins is licensed by the California Bureau of Real Estate appraisers and has over 35 years of experience.


Mary Cummins, Mary K. Cummins, Mary Katherine Cummins, Mary, Cummins, #marycummins #animaladvocates #losangeles #california #wildlife #wildliferehabilitation #wildliferehabilitator #realestate #realestateappraiser #realestateappraisal #lawsuit real estate, appraiser, appraisal, instructor, teacher, Los Angeles, Santa Monica, Beverly Hills, Pasadena, Brentwood, Bel Air, California, licensed, permitted, certified, single family, condo, condominium, pud, hud, fannie mae, freddie mac, fha, uspap, certified, residential, certified resident, apartment building, multi-family, commercial, industrial, expert witness, civil, criminal, orea, dre, brea insurance, bonded, experienced, bilingual, spanish, english, form, 1004, 2055, 1073, land, raw, acreage, vacant, insurance, cost, income approach, market analysis, comparative, theory, appraisal theory, cost approach, sales, matched pairs, plot, plat, map, diagram, photo, photographs, photography, rear, front, street, subject, comparable, sold, listed, active, pending, expired, cancelled, listing, mls, multiple listing service, claw, themls, historical appraisal, facebook, linkedin DISCLAIMER: https://mary--cummins.blogspot.com/p/disclaimer-privacy-policy-for-blogs-by.html

No comments:

Post a Comment