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9150 Wilshire Blvd
Beverly Hills, CA 90212
New Lion Building · Office Property For Sale
Investment Highlights
- Mark to Market Opportunity
- Discount to Replacement Cost
- Medical Conversion Optionality
- Owner User Opportunity-A 1.9-year weighted-average lease term and an existing 9,946-square-foot vacancy provide immediate Owner/User opportunity
Executive Summary
Newmark, as exclusive advisor, is pleased to present the opportunity to acquire the leasehold interest in 9150 Wilshire (the “Property”), an iconic Class A office and medical building located in the heart of prestigious Beverly Hills, California. The 88% leased building includes 92,349 square feet on an almost one-acre site and is distinguished by its striking architectural design and grand courtyard entrance, creating a landmark presence along Wilshire Boulevard.
Constructed in 1990 and renovated in 2019, the Property has only had two prior owners since its original development, providing investors with a generational ownership opportunity. Ideally positioned within a few blocks of the Golden Triangle and within a mile of Cedars-Sinai Medical, 9150 Wilshire offers tenants immediate access to world-class amenities as well as unrivaled synergies with one of the nation’s most respected hospital systems.
Constructed in 1990 and renovated in 2019, the Property has only had two prior owners since its original development, providing investors with a generational ownership opportunity. Ideally positioned within a few blocks of the Golden Triangle and within a mile of Cedars-Sinai Medical, 9150 Wilshire offers tenants immediate access to world-class amenities as well as unrivaled synergies with one of the nation’s most respected hospital systems.
Property Facts Under Contract
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
92,349 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1990/2019
Percent Leased
75%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
23,087 SF
Slab To Slab
13’
Building FAR
2.26
Lot Size
0.94 AC
Zoning
C3 - General Commercial
Parking
333 Spaces (3.61 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Courtyard
- Fenced Lot
- Property Manager on Site
- Security System
- Signage
- Wheelchair Accessible
- Reception
- High Ceilings
- Natural Light
- Monument Signage
- On-Site Security Staff
Property Taxes
| Parcel Numbers | Improvements Assessment | $15,862,888 | |
| Land Assessment | $41,432,908 | Total Assessment | $57,295,796 |
Property Taxes
Parcel Numbers
Land Assessment
$41,432,908
Improvements Assessment
$15,862,888
Total Assessment
$57,295,796
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