Mixed-Use Property with Retail and
12222 Wilshire Blvd Los Angeles, CA 90025
12222 Wilshire Blvd, Los Angeles, CA, 90025
Contact for pricing
For Sale
Contact for pricing
Built in 1996 and remodeled in 2004, this mixed-use building combines ground-level retail with condominium residences above.
Property Size9,785 SF
Price / SF$500.77
Days on Market304
Property Features for 12222 Wilshire Blvd
General Information
- Standard status
- Active
- Size
- 9,785 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1996
Listing agency
Matthews
Listed by
Chris Naylon · License #CA 01839132
Source
Crexi
Added: Sep 23, 2025 Updated: Jul 23 at 3:17AM Checked: Jul 23 at 3:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews
Investment Insights
Based on property information with market context.
12222 Wilshire Blvd is a Class A mixed-use property built in 1996 and remodeled in 2004. The building features ground-level retail with condominium residences located above, with European-styled condos and in-unit amenities. Secure parking is included for residents.
The property offers retail frontage and strong street exposure, with remarks citing approximately 45,000 vehicles per day. It is positioned amid Westside Los Angeles neighborhoods including Brentwood, Santa Monica, and Westwood, with access to I-405 and I-10 and Metro bus routes.
The location is also supported by planned transit expansion, with a new D Line subway extension noted for arrival by 2027. The offering is presented as an income-focused opportunity with both retail leasing and residential value contributed by the condominium component.
The property offers retail frontage and strong street exposure, with remarks citing approximately 45,000 vehicles per day. It is positioned amid Westside Los Angeles neighborhoods including Brentwood, Santa Monica, and Westwood, with access to I-405 and I-10 and Metro bus routes.
The location is also supported by planned transit expansion, with a new D Line subway extension noted for arrival by 2027. The offering is presented as an income-focused opportunity with both retail leasing and residential value contributed by the condominium component.
Key Highlights
- Mixed‑use property at 12222 Wilshire Blvd, Los Angeles, CA 90025
- Built in 1996 and remodeled in 2004
- Ground‑level retail frontage with condo residences above ground‑level retail
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $361.7k | $36.96 |
| − Vacancy | −$37.3k | −$3.81 |
| EGI | $324.4k | $33.15 |
| − OpEx | −$97.3k | −$9.95 |
| NOI | $227.1k | $23.21 |
9,785 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Apartment 5plus
$172.99M
$151.37M – $201.82M
NOI $12,109,466 @ 7.0% cap · market cap 247.13%
Second Best
Retail
$3.24M
$2.84M – $3.78M
NOI $227,082 @ 7.0% cap · market cap 4.63%
Theoretical Best
Multifamily LT 5
$198.24M
$173.46M – $231.28M
NOI $13,876,676 @ 7.0% cap · market cap 283.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Elegant Smile Dental
Dental Office
Drunken Fish sushi
Restaurant
Paramount Property Tax ...
Tax Preparation
Simantov International - Jewish ...
Employment Agency
Sheila Parsa, DDS
Dental Office
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Built in 1996 and remodeled in 2004, this mixed-use building combines ground-level retail with condominium residences above.
Where is this mixed-use property located?
The property is located at 12222 Wilshire Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: Mixed‑use property at 12222 Wilshire Blvd, Los Angeles, CA 90025; Built in 1996 and remodeled in 2004; Ground‑level retail frontage with condo residences above ground‑level retail
