Colliers Western Region
11925 Wilshire

11925 Wilshire

11925 Wilshire Blvd

Los Angeles, CA 90057

$24,950,000
Asking Price
$708
Price/SF
35,260 SF
Square Feet
26%
Occupancy
26,241 SF
Available Space
Office
Property Type

Description

Colliers presents the opportunity to acquire the fee-simple interest in 11925 Wilshire Boulevard, a 35,260 square-foot, three-story medical office building located in the Brentwood submarket of Los Angeles.

Built in 1991 and renovated in 2016/2023, the Property offers a turnkey creative design and modern layout to accommodate today’s medical, office, and retail tenants. The Property qualifies for AB 2097, which allows for the building to be converted to medical office use with its existing parking count, adding flexibility for investors and owner/users. With ample, usable outdoor space throughout the building, tenants can easily host outdoor meetings or entertain clients on the 2,272 square-foot second floor terrace.

Located in Brentwood, one of Westside Los Angeles’ most desirable submarkets, the high image Property commands views from more than 45,000 cars per day and provides quick access to I-405 and I-10. The Property also offers two levels of secure, underground parking.

11925 Wilshire Blvd. provides optionality for owner/users and additional, secure income with a recently signed, 10-year lease on the ground floor to UP Fitness. Owner/users have the option to occupy 26,241 square feet on the 2nd and 3rd floors, 14,377 square feet on the 2nd floor or 11,864 square feet on the 3rd floor. The possibility of adding a ±3,000 square-foot rooftop deck further expands the vast potential that 11925 Wilshire Blvd. offers.

Offering Summary

Property TypeOffice
Asking Price$24,950,000
Price PSF$708
Size35,260 SF
Available26,241 SF
Occupancy100%

Documents

Property Address

Property Details

Property TypeOffice
Square Feet35,260 SF
Available Space (SF)26,241 SF
Occupancy26%
Year Built1991
Year Renovated2023
Stories3
Parking Ratio3.00/1,000 SF
Acres0.34 acres
ZoningC4-1L-CDO
APN4265-014-095
Ownership InterestFee Simple
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Deal Team

Sean Fulp

Sean Fulp

Vice Chair
CA RE Lic. 01389064
Todd Tydlaska

Todd Tydlaska

Executive Vice President
CA RE Lic. 01329711
Mark Schuessler

Mark Schuessler

Executive Vice President
CA RE Lic. #02033871
Blake Hammerstein

Blake Hammerstein

Associate Vice President
CA RE Lic. 02122555