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8200 Wilshire Blvd
27,565 SF 98% Leased Office Building Beverly Hills, CA 90211 £14,119,380 (£512/SF)
Investment Highlights
- Since 2018, there has been over $1.3 MM in capital improvements completed by ownership
- 0.3 miles from the Wilshire/La Cienega metro stop of the Purple Extension rail project, set to open in 2025
- Former headquarters of Death Row Records during its peak in the mid-1990s
- Close proximity to the Beverly Center, Cedars Sinai Medical Center, the Grove, Park La Brea, LACMA, and many other desirable amenities
- Surrounded by new and planned developments that will further enhance the location
Executive Summary
The building features three floors (9,177 SF – 9,203 SF) with the ability to occupy two floors immediately at the close of escrow the fourth-floor lease can be terminated within two years, allowing a buyer to occupy the top floor or the entire building
In addition to the three office floors, there is a private office and 2,719 SF rooftop deck with wrapping views of Beverly Hills, West Hollywood, and Downtown Los Angeles
On the ground level, there are 65 parking spaces operated by a valet company; there is also additional offsite parking available nearby
Since 2018, there has been over $1.3 MM in capital improvements completed by ownership; the office floor plans include expansive ceiling heights and floor to ceiling windows
The property also features other avenues of income in addition to office rents such as mailboxes, a cell tower, room rentals, valet, and expense reimbursements; there is opportunity for additional signage and signage revenue, as the city has in the past approved two additional 20’ x 20’ signs
8200 Wilshire Blvd is a location full of history as the building was once the headquarters of Death Row Records during its peak in the mid-1990’s; the location was the epicenter of the label’s operations where many major business deals and productions took place
Located 0.3 miles from t he Wilshire/La Cienega metro stop that is part of the Purple Extension rail project that is set to open in 2025 and will provide alternative transportation from Downtown Los Angeles to Westwood
Surrounded by new and planned developments that will further enhance the location such as 650-67 6 San Vicente Blvd – a 145k SF proposed medical office tower, Sentral Beverly Hills at 6401 Wilshire Blvd – 357 apartment units built in 2023, and 6380 Wilshire Blvd – a 210-unit proposed apartment project, among others
Desirable major amenities within a couple miles of the property including the Beverly Center, Cedars Sinai Medical Center, the Grove, Park La Brea, and LACMA, among others
Property Facts
Amenities
- Security System
- Roof Terrace
- Outdoor Seating
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
8200 Wilshire is a fully built, high identity creative office building offering the unique ability for a tenant to control their own building and/or individual floors. 8200 Wilshire boasts 4 stories of highly improved creative office space and a massive 2,700 SF rooftop deck which provides wrapping views of Beverly Hills, West Hollywood and Downtown Los Angeles. Building features include floor to ceiling windows, two elevators, exposed ducting and concrete flooring throughout, and over $1.3mm of capital improvements contributed in 2018. 8200 Wilshire is located with immediate access to the forthcoming Metro Purple Line extension and provides the opportunity for building signage highly visible to over 87,000 cars per day. http://properties.cbre.us/8200-wilshire/
Creative office space in highly desirable Carthay Circle. Floor to ceiling windows with exquisite views of the Santa Monica Mountains and plenty of natural light. Walking distance from La Cienega Park, restaurants and the future Purple Line extension in Beverly Hills. Complimentary Wi-Fi and coffee in common area lounge / working spaces.
Creative office space in highly desirable Carthay Circle. Floor to ceiling windows with exquisite views of the Santa Monica Mountains and plenty of natural light. Walking distance from La Cienega Park, restaurants and the future Purple Line extension in Beverly Hills. Complimentary Wi-Fi and coffee in common area lounge / working spaces.
Creative corner office space in highly desirable Carthay Circle. Floor to ceiling windows with south and east views and plenty of natural light. Walking distance from La Cienega Park, restaurants and the future Purple Line extension in Beverly Hills. Complimentary Wi-Fi and coffee in common area lounge / working spaces.
8200 Wilshire is a fully built, high identity creative office building offering the unique ability for a tenant to control their own building and/or individual floors. 8200 Wilshire boasts 4 stories of highly improved creative office space and a massive 2,700 SF rooftop deck which provides wrapping views of Beverly Hills, West Hollywood and Downtown Los Angeles. Building features include floor to ceiling windows, two elevators, exposed ducting and concrete flooring throughout, and over $1.3mm of capital improvements contributed in 2018. 8200 Wilshire is located with immediate access to the forthcoming Metro Purple Line extension and provides the opportunity for building signage highly visible to over 87,000 cars per day. http://properties.cbre.us/8200-wilshire/
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 2,000-9,177 SF | Office | Full Build-Out | 30 Days |
| 2nd Floor | 182 SF | Office | Partial Build-Out | Now |
| 2nd Fl-Ste 202 | 182 SF | Office | Partial Build-Out | Now |
| 2nd Fl-Ste 208 | 220 SF | Office | Partial Build-Out | Now |
| 3rd Floor | 1,200-9,203 SF | Office | Full Build-Out | 30 Days |
2nd Floor
| Size |
| 2,000-9,177 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
2nd Floor
| Size |
| 182 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
2nd Fl-Ste 202
| Size |
| 182 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
2nd Fl-Ste 208
| Size |
| 220 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
3rd Floor
| Size |
| 1,200-9,203 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
2nd Floor
| Size | 2,000-9,177 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
8200 Wilshire is a fully built, high identity creative office building offering the unique ability for a tenant to control their own building and/or individual floors. 8200 Wilshire boasts 4 stories of highly improved creative office space and a massive 2,700 SF rooftop deck which provides wrapping views of Beverly Hills, West Hollywood and Downtown Los Angeles. Building features include floor to ceiling windows, two elevators, exposed ducting and concrete flooring throughout, and over $1.3mm of capital improvements contributed in 2018. 8200 Wilshire is located with immediate access to the forthcoming Metro Purple Line extension and provides the opportunity for building signage highly visible to over 87,000 cars per day. http://properties.cbre.us/8200-wilshire/
2nd Floor
| Size | 182 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
Creative office space in highly desirable Carthay Circle. Floor to ceiling windows with exquisite views of the Santa Monica Mountains and plenty of natural light. Walking distance from La Cienega Park, restaurants and the future Purple Line extension in Beverly Hills. Complimentary Wi-Fi and coffee in common area lounge / working spaces.
2nd Fl-Ste 202
| Size | 182 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
Creative office space in highly desirable Carthay Circle. Floor to ceiling windows with exquisite views of the Santa Monica Mountains and plenty of natural light. Walking distance from La Cienega Park, restaurants and the future Purple Line extension in Beverly Hills. Complimentary Wi-Fi and coffee in common area lounge / working spaces.
2nd Fl-Ste 208
| Size | 220 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
Creative corner office space in highly desirable Carthay Circle. Floor to ceiling windows with south and east views and plenty of natural light. Walking distance from La Cienega Park, restaurants and the future Purple Line extension in Beverly Hills. Complimentary Wi-Fi and coffee in common area lounge / working spaces.
3rd Floor
| Size | 1,200-9,203 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
8200 Wilshire is a fully built, high identity creative office building offering the unique ability for a tenant to control their own building and/or individual floors. 8200 Wilshire boasts 4 stories of highly improved creative office space and a massive 2,700 SF rooftop deck which provides wrapping views of Beverly Hills, West Hollywood and Downtown Los Angeles. Building features include floor to ceiling windows, two elevators, exposed ducting and concrete flooring throughout, and over $1.3mm of capital improvements contributed in 2018. 8200 Wilshire is located with immediate access to the forthcoming Metro Purple Line extension and provides the opportunity for building signage highly visible to over 87,000 cars per day. http://properties.cbre.us/8200-wilshire/
PROPERTY TAXES
| Parcel Number | 5088-001-037 | Improvements Assessment | £5,600,153 |
| Land Assessment | £9,712,768 | Total Assessment | £15,312,921 |
PROPERTY TAXES
-
Patricia Escobar -
Neema Ahadian -
Marcus & Millichap
Presented by
8200 Wilshire Blvd
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