1312-1316 Westwood Blvd - R&D FOR SALE


Los Angeles, CA 90024- Westwood
$6,250,000 USD
310-550-2537
1312-1316 Westwood Blvd, Los Angeles, CA for Sale
$6,250,000 USD
R&D - FOR SALE
1/33
null | Request Cap Rate

1312-1316 Westwood Blvd
Los Angeles, CA 90024
Westwood


OVERVIEW

CBRE is pleased to offer for sale 1312 - 1316 Westwood Boulevard, a boutique mixed use creative office, wet lab facility and retail property located just south of Wilshire Boulevard with great proximity to Westwood and the UCLA campus. The property provides a mini campus-like setting around a central courtyard area with private suites, ground-level patios, surface parking and a gated entrance and exit. Located just minutes from Westwood Village, the property is walking distance to an impressive array of retail and restaurants while also minutes from Brentwood, Bel Air, Beverly Hills and the 405 Freeway on and off ramps along Wilshire Boulevard. The property is one block south of the Metro Westwood/UCLA Purple Line stop which is expected to be completed by 2026. The property’s unique mixed use is in a submarket, Westwood, which continues to attract a diverse tenant mix making this a great investment opportunity. Not only is Westwood home to the University of California Los Angeles, the California NanoSystems Institute, UCLA Ronald Reagan Hospital but also companies like Google, Equinox, KB Home, Puma Biotechnology and more. While Westwood has been known for its retail and office space, life science tenant demand continues to increase throughout the region. Life science companies will continue to search for available wet lab space within close proximity to UCLA. The building’s turnkey lab units provide healthcare and life science companies and practitioners with private suites near one of the region’s largest life science anchor institutions.

FOR SALE DETAILS

PRICE

$6,250,000 USD

PRICE/SF

$544 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

R&D

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.21

LAND SF

9,148

ZONING

C4

APN/PARCEL ID

4325-009-003

ASK ABOUT THIS PROPERTY

Jeff PionCBRE, Inc.More Info
310-550-2537

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Jeff PionCBRE, Inc.More Info
310-550-2537

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