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900 Gayley Ave

47,270 SF Vacant 4-Star Office Building Los Angeles, CA 90024 For Sale

Investment Highlights

  • Built in 2023, the Property is the newest Class A medical office building in the Westwood market.
  • Suitable for Various Medical and Retail Uses.
  • Available separately or together, investors are presented with the opportunity to acquire 10918 Le Conte Ave., a 1.16 acre adjacent parcel.
  • Located directly across from the renowned Ronald Reagan UCLA Medical Center, Mattel Children's Hospital, and more.
  • Condominiums Available from 1,081 SF to 13,309 SF (Condo map in process with the City).
  • Highly Visible, Corner Location.

Executive Summary

Colliers and Beitler are pleased to present the opportunity to acquire the fee-simple or condominium interest in 900 Gayley Avenue, a newly constructed mixed-use building offering premier medical office and retail space in the heart of the Westwood submarket of Los Angeles. The four-story building totals 47,270-square-feet and contains a three-story subterranean parking garage. The property presents the rare opportunity for an investor or owner/user to acquire the highest-quality Class A space asset in the area.
Located directly across the street from the nationally recognized Ronald Reagan UCLA Medical Center, Mattel Children’s Hospital, Resnick Neuropsychiatric Hospital, and UCLA’s STEM campus, the property has embedded medical demand. Due to its on-campus location, investors are presented with the opportunity to lease the building or proceed with the condominium map to sell individual condos to the deep, established medical community. Owner/users are presented with a once-in-a-lifetime opportunity to own an irreplaceable condo in an on-campus medical office building adjacent to California’s #1 ranked hospital at a discount to their projected leasing costs.
900 Gayley’s flexible floor plans, heavy power, and specialized HVAC system can accommodate all types of medical uses ranging from urgent cares to surgical centers. The property also offers modern amenities like bicycle parking and outdoor terraces that align with tenant demand.
900 Gayley presents an unrivaled opportunity to acquire brand-new, well-positioned medical office space in one of the most desirable medical sub-markets in the country.
INDIVIDUAL CONDOMINIUMS OR ENTIRE BUILDING BEING OFFERED. SEE SEPARATE LISTING IN COSTAR. CONDO MAP IS IN PROCESS.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
47,270 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2023
Percent Leased
Vacant
Number of Floors
4
Typical Floor Size
11,260 SF
Building FAR
2.86
Lot Size
0.38 AC
Zoning
C4-2D-O - Commercial
Parking
227 Spaces (4.8 Spaces per 1,000 SF Leased)

Amenities

  • Monument Signage
  • Air Conditioning
  • Smoke Detector

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste Gayley Corner
  • 5,025 SF
  • Retail
  • Full Build-Out
  • Now
  • 1st Fl-Ste Le Conte Frontage
  • 1,849 SF
  • Retail
  • Full Build-Out
  • Now
  • 2nd Floor
  • 14,483 SF
  • Office/Medical
  • Full Build-Out
  • Now
  • 3rd Floor
  • 15,207 SF
  • Office/Medical
  • Full Build-Out
  • Now
  • 4th Floor
  • 8,479 SF
  • Office/Medical
  • Full Build-Out
  • Now

Includes 1,218 SF of exterior space.

Space Size Space Use Condition Available
1st Fl-Ste Gayley Corner 5,025 SF Retail Full Build-Out Now
1st Fl-Ste Le Conte Frontage 1,849 SF Retail Full Build-Out Now
2nd Floor 14,483 SF Office/Medical Full Build-Out Now
3rd Floor 15,207 SF Office/Medical Full Build-Out Now
4th Floor 8,479 SF Office/Medical Full Build-Out Now

1st Fl-Ste Gayley Corner

Size
5,025 SF
Space Use
Retail
Condition
Full Build-Out
Available
Now

1st Fl-Ste Le Conte Frontage

Size
1,849 SF
Space Use
Retail
Condition
Full Build-Out
Available
Now

2nd Floor

Size
14,483 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Now

3rd Floor

Size
15,207 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Now

4th Floor

Size
8,479 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Now

1st Fl-Ste Gayley Corner

Size 5,025 SF
Space Use Retail
Condition Full Build-Out
Available Now

1st Fl-Ste Le Conte Frontage

Size 1,849 SF
Space Use Retail
Condition Full Build-Out
Available Now

2nd Floor

Size 14,483 SF
Space Use Office/Medical
Condition Full Build-Out
Available Now

3rd Floor

Size 15,207 SF
Space Use Office/Medical
Condition Full Build-Out
Available Now

4th Floor

Size 8,479 SF
Space Use Office/Medical
Condition Full Build-Out
Available Now

Includes 1,218 SF of exterior space.

Walk Score ®
Walker's Paradise (94)
Transit Score ®
Excellent Transit (72)
Bike Score ®
Very Bikeable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 4363-017-004
  • 4363-017-003
Land Assessment
£4,057,155
Improvements Assessment
£2,362,125
Total Assessment
£6,419,280
  • Listing ID: 30937006

  • Date on Market: 12/02/2024

  • Last Updated:

  • Address: 900 Gayley Ave, Los Angeles, CA 90024

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