5901 W Century Blvd - Office FOR SALE


Los Angeles, CA 90045- Los Angeles International Airport
$20,000,000 USD
310-491-2019
5901 W Century Blvd, Los Angeles, CA for Sale
$20,000,000 USD
Office - FOR SALE
1/15
null | Request Cap Rate

5901 W Century Blvd
Los Angeles, CA 90045
Los Angeles International Airport


OVERVIEW

LENDER FACILITATED SALE! - CALLING FOR OFFERS MARCH 25, 2025 Newmark, as the exclusive advisor, is pleased to present the opportunity to acquire 5901 West Century Boulevard (the “Property”)—a 306,243-squarefoot office tower primed for multifamily adaptive reuse or multifamily redevelopment exercising the underlying C2 zoning that with the applicable TOC 3 (transit oriented community 3) incentives allows for development of ±300 units. With ample on-site parking, 11’2” ceiling heights, strong market fundamentals, and a structurally adaptable design, the Property offers a compelling opportunity to reposition a well-located asset in the heart of the South Bay. Strategically situated adjacent to LAX and near premier destinations such as SoFi Stadium, the NFL’s West Coast headquarters, the newly opened Intuit Dome (home of the Los Angeles Clippers), and Stockbridge’s expansive mixed-use redevelopment of Hollywood Park, 5901 West Century Boulevard is positioned to outperform.

FOR SALE DETAILS

PRICE

$20,000,000 USD

PRICE/SF

$65 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Airport Center Bldg III

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

15

BUILDING CLASS

A

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.63 AC

LAND SF

71,003 SF

ZONING

C2

APN/PARCEL ID

4124-030-042

ASK ABOUT THIS PROPERTY

Michael MooreNewmarkMore Info
310-491-2019

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

Michael MooreNewmarkMore Info
310-491-2019

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