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Broxton Plaza 911 Broxton Ave

16,950 SF 100% Leased Office Building Los Angeles, CA 90024 $23,388,255 CAD ($1,380 CAD/SF)

Investment Highlights

  • (3) elevator-serviced floorplates
  • (34) secured parking spaces located onsite with a two (2) level gated subterranean parking garage
  • The area is consistently bustling with foot traffic and has a walk score of 96 (Walker's Paradise)
  • 3rd Floor boasts high vaulted ceilings with skylights and patios that provide ample natural light
  • Close proximity to the UCLA campus & hospital
  • UCLA currently leases the entire building through May 2026, guaranteeing good income for a potential 1031 Investor

Executive Summary

NAI Capital Commercial is pleased to offer the opportunity to purchase or lease 911 Broxton Avenue, a three (3) story ±16,950 square foot commercial building ideal for an owner-user or single-tenant that is situated on ±7,949 square feet of LAC4 zoned land. The property is positioned directly across from the UCLA campus, in the heart of Westwood Village. This trophy property prominently situated at the corner of Le Conte & Broxton was developed in the 1980’s by the current ownership. The office building is currently leased to the UC Regents and has been occupied by UCLA Health for the past 20 years. The modified gross lease is scheduled to expire on May 31, 2025. As part of the 2019 lease extension, the tenant and landlord completed a major million-dollar renovation of the building.
The building’s three (3) elevator-serviced floorplates provide an efficient layout for both traditional and creative users. The 3rd Floor boasts high vaulted ceilings with skylights and patios that provide ample natural light, that would appeal to a wide range of potential future tenants. The property has approximately thirty-four (34) secured parking spaces located onsite with a two (2) level gated subterranean parking garage, allowing secure and direct access to the office spaces.
Westwood is a bustling neighborhood on the west side of Los Angeles, bordered by Brentwood, Bel-Air, and Century City, it is home to UCLA, one of the top universities in the United States. The subject property area known as Westwood Village is driven by a combination of UCLA’s growth and the expansion of the metro purple line (Westwood & Wilshire) and is surrounded by a dense and affluent demographic where the average household income within a three-mile radius is ±$140,000. The area is consistently bustling with foot traffic and has a walk score of 96 (Walker’s Paradise). Additionally, this area is home to cultural attractions such as the Hammer Museum and the Geffen Playhouse. Westwood offers over 8 million square feet of office space attracting accounting and law firms, private equity banking, entertainment, and production companies, as well as a host of medical and healthcare industry-related tenants.
UCLA’s recent L.A. acquisition of both the Westside Pavilion (approximately 700,000 SF “UCLA Research Park”) and The Trust Building (334,000 SF “UCLA Extension”) enhances 911 Broxton’s wide appeal as it’s centrally located in the heart of the UCLA ecosystem.
911 Broxton is an irreplaceable asset and unique opportunity to own or lease a prominent property in one of Los Angeles’ most desirable neighborhoods. Given the lack of competing inventory, its location and proximity to the UCLA campus and hospital makes this iconic asset so unique.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
16,950 SF
Building Class
B
Year Built
1980
Price
$23,388,255 CAD
Price Per SF
$1,380 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,650 SF
Building FAR
2.29
Lot Size
0.17 AC
Zoning
LAC4 - Commercial - C2 Uses with Limitation, R4 Uses
Parking
34 Spaces (2.01 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 5,149 SF
  • Office/Medical
  • Full Build-Out
  • May 2026
  • 2nd Floor
  • 5,848 SF
  • Office/Medical
  • Full Build-Out
  • May 2026
  • 3rd Floor
  • 5,953 SF
  • Office/Medical
  • Full Build-Out
  • May 2026
Space Size Space Use Condition Available
1st Floor 5,149 SF Office/Medical Full Build-Out May 2026
2nd Floor 5,848 SF Office/Medical Full Build-Out May 2026
3rd Floor 5,953 SF Office/Medical Full Build-Out May 2026

1st Floor

Size
5,149 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
May 2026

2nd Floor

Size
5,848 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
May 2026

3rd Floor

Size
5,953 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
May 2026
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 Number
4363-017-013
Land Assessment
$2,069,695 CAD
Improvements Assessment
$6,971,638 CAD
Total Assessment
$9,041,332 CAD
  • Listing ID: 31428059

  • Date on Market: 2024-04-05

  • Last Updated:

  • Address: 911 Broxton Ave, Los Angeles, CA 90024

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