1642 Westwood Blvd - Loft/Creative Space FOR SALE


Los Angeles, CA 90024- Westwood
$6,195,000 USD
310-699-0969
1642 Westwood Blvd, Los Angeles, CA for Sale
$6,195,000 USD
Loft/Creative Space - FOR SALE
1/12
null | Request Cap Rate

1642 Westwood Blvd
Los Angeles, CA 90024
Westwood


HIGHLIGHTS

  • Security cameras throughout the building.
  • Several outside decks with city views.
  • All interior lighting recently converted to LED in 2020
  • Excellent full-to-partial owner-user potential.
  • World class array of amenities within walking distance.

OVERVIEW

1642 Westwood Boulevard offers a rare investment and owner-user opportunity in the highly desirable Westwood submarket of Los Angeles. This three-story creative office building spans approximately 13,481 square feet and is situated on a 5,501-square-foot lot. Built in 1983 and classified as a Class B property, it blends functionality with key recent upgrades such as full LED lighting conversion implemented in 2020 and features multiple outdoor decks offering city views. Positioned along the vibrant Westwood Boulevard corridor, the asset enjoys excellent connectivity to major Westside business hubs including UCLA, Century City, and Brentwood. This prime location benefits from proximity to the 405 and 10 Freeways, providing easy regional access while serving as a gateway to premium dining, retail, and lifestyle amenities in Westwood Village and the greater Westside region. Currently 45.5% occupied, the building presents significant income growth potential through lease-up strategies or a full or partial owner-user conversion. Additional advantages include roof-mounted cellular equipment generating ancillary income and building-wide security enhancements. 1642 Westwood Boulevard represents a compelling acquisition for investors seeking value-add opportunities and for owner-users prioritizing visibility and accessibility in a world-class location.

FOR SALE DETAILS

PRICE

$6,195,000 USD

PRICE/SF

$460 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

LAC4

APN/PARCEL ID

4325-021-005

ASK ABOUT THIS PROPERTY

Christian HollandWESTMAC Commercial Brokerage CompanyMore Info
310-699-0969

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Christian HollandWESTMAC Commercial Brokerage CompanyMore Info
310-699-0969

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