11850 Wilshire Blvd - Medical FOR SALE


Los Angeles, CA 90025- West Los Angeles
$4,500,000 USD
310-467-7581
11850 Wilshire Blvd, Los Angeles, CA for Sale
$4,500,000 USD
Medical - FOR SALE
1/17
null | Request Cap Rate

11850 Wilshire Blvd
Los Angeles, CA 90025
West Los Angeles


HIGHLIGHTS

  • Situated on a highly visible corner lot with 50 feet of frontage along Wilshire Boulevard, offering excellent exposure on a major thoroughfare
  • All tenants are on month-to-month leases offering an excellent opportunity for an owner-user
  • The property is currently 100% occupied, providing investors immediate in-place income
  • The property benefits from 12 individual surface parking spaces located at the rear of the building
  • With an 89 Walk Score, the property benefits from it's proximity to an abundance of nearby dining, retail, fitness, medical offices along Wilshire

OVERVIEW

11850 Wilshire Blvd presents investors and owner-users with the opportunity to acquire a fully occupied, two-story office asset along one of West Los Angeles’ most prominent commercial corridors. The property totals approximately 5,687 rentable square feet on a 7,047-square-foot lot and benefits from 50 feet of frontage along Wilshire Boulevard, twelve on-site parking spaces, and a highly walkable location with an 89 Walk Score. Built in 1957, the property is zoned C2, allowing for a broad range of commercial, office, medical, retail, and service-oriented uses, subject to buyer verification. 11850 Wilshire offers an excellent full or partial owner-user opportunity, giving a buyer the ability to occupy the building over time while benefiting from existing in-place income. The property is situated in a prime West Los Angeles location, surrounded by some of the region’s most desirable and affluent communities, including Brentwood, Santa Monica, Westwood, Century City, and Beverly Hills. With immediate access to the I-405 and I-10 freeways, nearby amenities, and strong Westside demand drivers, 11850 Wilshire offers a compelling Westside asset with stable occupancy and long-term upside.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$791 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,047 SF

ZONING

LAC2

APN/PARCEL ID

4263-007-076

ASK ABOUT THIS PROPERTY

Peter JamesLyon Stahl Investment Real EstateMore Info
310-467-7581

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Peter JamesLyon Stahl Investment Real EstateMore Info
310-467-7581

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.