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, CA

, CA
$
Property Type Status For Sale Price Option Call Broker
Parking
93 Striped parking spaces (3 per 1,000 SF)

- 31,482 SF office building with ground floor retail
- 93 Striped parking spaces (3 per 1,000 SF)
- 38,161 SF (.87 acres) of land across 6 parcels
- Adjacent to LACMA Geffen Galleries and across from La Brea Tar Pits
- Rare Miracle Mile Museum Row offering
- C4 and R3 zoning
- 75% occupied with a mix of offices and retail
- 12–24 month tenant buyout options

Located adjacent to the new Geffen Galleries at LACMA and directly across from the La Brea Tar Pits, this rare Museum Row offering combines strong in place income with exceptional long term potential. The property is 75% occupied by six tenants across nine suites, with a mix of professional offices and ground floor retail, including law firms, architects, a vision center, and a dental office.

The asset carries a weighted average lease term of 3.8 years, with flexible tenant buyout options available within 12–24 months. This structure allows an owner-user to consolidate multiple suites or a full floor while maintaining cash flow, or gives an investor the ability to reposition and capture value-add upside.

Positioned on 38,161 square feet (.87 acres) across six parcels, the property benefits from both C4 and R3 zoning, creating a wide spectrum of redevelopment possibilities including multifamily. Ownership also has the ability to unlock equity through strategic parcel dispositions and recapitalization of the remaining property, further enhancing long-term investment flexibility.

Features
  • 31,482 SF office building with ground floor retail
  • 93 Striped parking spaces (3 per 1,000 SF)
  • 38,161 SF (.87 acres) of land across 6 parcels
  • Adjacent to LACMA Geffen Galleries and across from La Brea Tar Pits
  • Rare Miracle Mile Museum Row offering
  • C4 and R3 zoning
  • 75% occupied with a mix of offices and retail
  • 12–24 month tenant buyout options