213-955-5128
626 Wilshire Blvd, Los Angeles, CA for Sale
Office - FOR SALE
1/26
null | 10% Cap Rate

626 Wilshire Blvd
Los Angeles, CA 90017
Financial District


HIGHLIGHTS

  • Diversified rent roll of 26 tenants with a weighted average lease term (WALT) of 4.9 years
  • Data Center Tenancy with Long-Term Commitment Through 2038
  • Recent tenant commitments at the Property totaling approximately 15,000 square feet from firms in the legal, engineering, architecture, and energy
  • Premier Location in the Heart of Los Angeles’ Financial District boasts a 99 Walk Score and a 100 Transit Score
  • $2 million of recent capital improvements include restroom renovations, elevator modernization, renovated ground-floor amenity space
  • The Property features 14,781 square feet of divisible, high-visibility corner retail space with 18-foot ceilings

OVERVIEW

LENDER AUCTION Cushman & Wakefield, Inc., in conjunction with RealINSIGHT Marketplace, is offering the opportunity to purchase a non-performing senior mortgage (the “Loan”) secured by 626 Wilshire Boulevard, a 153,758-square-foot, prominent 12-story office tower (“626 Wilshire” or the “Property”) located in Downtown Los Angeles’ Financial District. The loan, with a current basis of approximately $22 million ($141 PSF), matured in July 2025 and is now in maturity default. The lender’s representatives have taken prudent steps to protect its interests. The loan is to be sold through an auction conducted during the following dates: 4/13/2026 – 4/15/2026. Register to bid for the auction and to access to due diligence here: https://rimarketplace.com/auction/3068/office/los-angeles/ca

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

10%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

13

BUILDING CLASS

A

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

163

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

C2, Los Angeles

APN/PARCEL ID

5144-006-025

ASK ABOUT THIS PROPERTY

Manfred SchaubCushman & WakefieldMore Info
213-955-5128

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Manfred SchaubCushman & WakefieldMore Info
213-955-5128

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