12222 Wilshire Blvd - Apartments CONDO FOR SALE


Los Angeles, CA 90025- West Los Angeles
$4,900,000 USD
747-877-8169
12222 Wilshire Blvd, Los Angeles, CA for Sale
$4,900,000 USD
Apartments CONDO - FOR SALE
1/7
null | 5.63% Cap Rate

12222 Wilshire Blvd
Los Angeles, CA 90025
West Los Angeles


HIGHLIGHTS

  • Prime Wilshire Blvd frontage with exposure to over 45,000 vehicles per day.
  • Class A mixed-use asset with modern design and high construction standards.
  • Located in affluent Westside LA with nearly 50,000 residents within one mile.
  • 83% occupancy across 6 retail suites with durable in-place income.
  • Pro-forma NOI of $275,989 and 5.63% cap rate at $4.9M list price.
  • Excellent access to I-405, I-10, Metro bus, and new D Line subway extension.

OVERVIEW

David Harrington Matthews Real Estate Investment Services, Inc License # 02168060, 01320460 (CA) 2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245 (866) 889-0550

FOR SALE DETAILS

PRICE

$4,900,000 USD

PRICE/SF

$501 USD /SF

CAP RATE

5.63%

# OF UNITS

1

CONDO SIZE

-

% LEASED

83%

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wilshire Borgata

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

58,710 SF

STORIES

5

BUILDING CLASS

B

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

LAC2

APN/PARCEL ID

4263-001-130,4263-001-131

ASK ABOUT THIS PROPERTY

Chris NaylonMatthews Real Estate Investment ServicesMore Info
747-877-8169

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Chris NaylonMatthews Real Estate Investment ServicesMore Info
747-877-8169

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