8512 Whitworth Dr - Medical FOR SALE


Los Angeles, CA 90035- Pico-Robertson
$3,490,000 USD
310-497-6389
8512 Whitworth Dr, Los Angeles, CA for Sale
$3,490,000 USD
Medical - FOR SALE
1/23
null | Request Cap Rate

8512 Whitworth Dr
Los Angeles, CA 90035
Pico-Robertson


HIGHLIGHTS

  • • 14 Offices, 3 with private entries, 8 with courtyard ¾ floor to ceiling windows.
  • • Main Entry, Reception, Central Lobby, Rear entry/exit.
  • • Newer Roof, HVAC, plus Electrical and Plumbing Updates
  • • Value upside with Development Opportunities

OVERVIEW

Discover an exceptional commercial space in a stunning, light-filled single-story building. This versatile property features 14 offices, including 3 executive offices with private entrances. One executive office is double-sized and includes an attached assistant office. The east side boasts 8 offices with ¾ floor-to-ceiling windows overlooking a private landscaped courtyard and access to the private entrances. The space includes a spacious 15-foot conference room and a 25x15 foot flex space, perfect for meetings and events. Every office is equipped with windows, and the building offers 6 storage/supply closets, a formal reception area, a central lobby, and a separate rear entry, ensuring maximum flexibility. Four half baths, two at each end of the building, complete the layout. With new paint, flooring, and exposing the 12-foot ceilings, this space will truly shine. The layout can be easily reconfigured to accommodate up to 4 private units with their own entrances and bathrooms. While there is no dedicated parking, ample street parking is available, and nearby covered parking may be available for rent. This property is unmatched at its price point, especially in this area. Located diagonally from the Marsel Retail Plaza at La Cienega & Whitworth and the proposed 1050 La Cienega Tower with 500+ retail & residential units, you can set up shop for a fraction of future costs. Combine this with the 9,148 sqft lot available next door (listed separately by another agent), you get instant value with a 16,000 sqft corner lot measuring approximately 120x130 feet for an attractive development site. Owner / User desires cooperation to locate a 1031 replacement, downsizing business. Space can made available within a short period of time. Lot size varies from 5907sf to 5920sf depending on source. 50' Wide, 121.24' West Side, 115.04' - 115.56' East Side

FOR SALE DETAILS

PRICE

$3,490,000 USD

PRICE/SF

$738 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,920 SF

ZONING

C2, Los Angeles

APN/PARCEL ID

4332-029-018

ASK ABOUT THIS PROPERTY

Laurence DeMersDeMers & Associates, Real Estate BrokerageMore Info
310-497-6389

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Laurence DeMersDeMers & Associates, Real Estate BrokerageMore Info
310-497-6389

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