For Sale
$6,500,000

1316 Westwood Blvd Los Angeles, CA 90024

Prime Westwood location, 11,482 SF, owner/user.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional creative office building, located at 1312-1316 Westwood Boulevard in Los Angeles, California, presents a unique investment opportunity. Spanning 11,482 square feet on a 0.21-acre lot, this property boasts a desirable mixed-use design, featuring ground-floor retail space and two stories of creative office space, including boutique wet lab facilities. Built in 1958 and extensively renovated in 2021, the building offers a blend of mid-century modern aesthetics and contemporary functionality. The property's layout centers around a central courtyard, creating a mini-campus atmosphere with private suites and ground-level patios. Ten on-site parking spaces are available, along with a gated entrance and exit for enhanced security and privacy. Currently at 57% occupancy, this building is ideally suited for an owner/user seeking a high-profile location. Its proximity to UCLA, the Wilshire Corridor, and Westwood Village provides unparalleled access to a vibrant community of businesses, restaurants, and retail amenities. The building's location is also convenient to major freeways and public transportation, including the upcoming Metro Westwood/UCLA Purple Line station (expected completion 2026). The turnkey lab units are particularly attractive to healthcare and life science companies, given the area's growing life science sector and proximity to UCLA's research facilities. This property offers a compelling combination of location, modern amenities, and a unique design, making it an outstanding investment opportunity in a thriving Los Angeles submarket. The asking price is $6,500,000.

Highlights

  • High-demand life science wet lab space available.
  • Prime Westwood Village location, adjacent to the Wilshire Corridor.
  • Recently renovated building.
  • Attractive mid-century modern design.
  • Private offices with direct exterior access.
  • Features both indoor and outdoor areas.

Property Details for 1316 Westwood Blvd

Property type
Office properties, Office space
Square Feet
11,482 SF
Year Built/Renovated
1958/2021
Lot Size (sq. ft)
9,148 SF

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0566765
Longitude
-118.4423888

FAQs

What type of property is this?
Office property - Prime Westwood location, 11,482 SF, owner/user.
Where is the office property located?
The property is located at 1316 Westwood Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: High-demand life science wet lab space available.; Prime Westwood Village location, adjacent to the Wilshire Corridor.; Recently renovated building.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1316 Westwood Blvd
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