1316 Westwood Blvd Los Angeles, CA 90024

Property Details for 1316 Westwood Blvd

Year built

1958

Lot size

0.21 lot acres

Property size

11,482 SF

Property type

Office Properties & Spaces

Property subtype

Office space

Description

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.

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Longitude

-118.442

Latitude

34.0567