List Search

12222 Wilshire Blvd
Los Angeles, CA 90025 West Los Angeles

$4,900,000 USD

Apartments For Sale  •  58,710 SF

Property Details

  • Property Type Apartments
  • Total Building Size 58,710 SF
  • Building Class B
  • Year Built 1996
  • Cap Rate 5.63 %
  • Zoning LAC2
70 Transit Score
80 Walk Score

Highlights

Prime Wilshire Blvd frontage with exposure to over 45,000 vehicles per day.
Class A mixed-use asset with modern design and high construction standards.
Located in affluent Westside LA with nearly 50,000 residents within one mile.
83% occupancy across 6 retail suites with durable in-place income.
Pro-forma NOI of $275,989 and 5.63% cap rate at $4.9M list price.
Excellent access to I-405, I-10, Metro bus, and new D Line subway extension.
Cap Rate: 5.63 %

Major Tenants

Tenant SF Occupied Lease End Date
Cohenmehr Optometry 6/24/2024
Cohenmehr, Dr Bijan
Drunken Fish Japanese Cuisine 3/31/2026
Elegant Smile Family Dental 4/30/2017
Harry's Janitor Services
Rain Showroom Llc
Something Someone Digital Inc
Transconcept Llc

Public Transportation

AirportDriveWalkDistance
Los Angeles International 18 min - 11.1 mi
Bob Hope 28 min - 18.6 mi
Long Beach (Daugherty Field) 37 min - 28.5 mi

Parking Details

Parking Available: Yes
Reserved: Yes
Spaces Provided: 17
Type: Reserved
Included in Rent: Yes
Chris Naylon 747-877-8169 Matthews Real Estate Investment Services
Chris Naylon 747-877-8169 Matthews Real Estate Investment Services