1515 Wilshire Blvd., Los Angeles, CA 90017 US Greater Los Angeles and Santa Monica Home for Sale

HURRY...ONLY 2 UNITS LEFT...

Property Highlights and Amenities

With construction completed in 2016, The Wilshire Valencia Complex is located on the North West Corner of Wilshrie Blvd. at Valencia Street, just West of Downtown Los Angeles in the Northern portion of the Westlake District of Los Angeles.  Close to the DTLA and Metro Transit Hubs, this is also a very walkable and bicycle friendly area with The Good Samaritan Medical Center just a block away and the LAPD Rampart Division just up the street.  There are over 10,000 rental units in the area, many local business and shopping centers within walking distance and John Leichty Middle School just across the street.

The Wilshire Valencia complex consists of 218 Apartment Units and 3 Retail Spaces on the Ground Level.  

Apartment dwellers will find 218 Units consisting of Studios, 1 and 2 Bedroom units with 9’ Ceilings, Private and enclosed balconies and patios, Parking for each unit, Washer and Dryers in each unit, 244 Bicycle Parking Spaces, a 4,200 SF Gymnasium, a 4,865 Sf Zen Garden, a 8,800 SF Pool/Spa Courtyard, a 4,075 SF Outdoor Basketball Court, BBQ areas, A total of over 20,000 sf of Dedicated Outdoor Recreation Area,  500 SF Glass Enclosed Ping Pong Lounge, and a Dog Run.

There are 3 retail spaces available for lease.  

NOW LEASED!!!  Retail Space #1:  Approximately 1,430 SF on the first floor, is currently set up for office use.  It consists of several work cubicles, a fair sized conference room and a kitchen area.  This unit may be leased furnished or unfurnished.  It has three entrances, one on Wilshrie Blvd., one from the parking garage, which has a handicapped ramp, and one from the leasing office.  This space as it currently stands would be ideal for a real estate or office of some type.   

Retail Space #2:  Approximately 1,125 SF on the first floor in the middle is a blank pallet.  There are two entry doors.  One on Wilshrie Blvd. and one from the parking are, which a small ramp.  TI’s would need to be negotiated and completed.

Retail Space #3:  Approximately 1,553 SF on the first floor on the corner of Wilshrie and Valencia, is a blank pallet.  This unit has three entrances.  A double door on the corner of Wilshrie and Valencia, a door on the Valencia side with a handicapped ramp access, and on door to the parking garage.  There is also the possibility of a permitted outside dinning area on the Valencia Street side of this unit.  TI’s would need to be negotiated and completed.

There are 5 dedicated garage parking spaces and 1 handicapped space for the combined 3 units.  However, approximately 16 parking spaces are available to lease at several adjacent parking lots, just a short walk to this site. 

There is one handicapped bathroom for all three combined units, which is located in the garage area just adjacent to each unit’s garage entrance doors. However, additional  bathroom units may be installed inside each of the units as part of the TI’s. 

These retail spaces are awaiting tenants who will be long term and serve not only the tenants of the Wilshire Valencia Apartments, but become a local service hub for many of the working clientele and business patrons in the immediate community.  

Current Area Businesses consist of The Good Samaritan Medical Center, LAPD Rampart Division, Starbucks, Panda Express, Jersey Mikes, Yogurt Land, AT&T Phone Center, McDonalds, Food 4 Less, Home Depot, Burger King, Spa Palace, Pacific Dining Car, Good Will, T-Moble, Bank of America ATM (at Union and Wilshrie), 7-11 (at the VERO - Wilshire and Wiltner), Wells Fargo Bank (at Wilshrie and Lucas), Subway and more.

Site tours are available upon request.  

Asking $2.00 per SF, Modified Gross Lease.

FOR FURTHER INFORMATION, PRICING AND SITE TOURS, CONTACT:

ALLEN KOBLIN, Realtor                   KAT BECKER, Realtor

CPM                            Commercial Senior Associate

(818) 903-9448                    (323) 819-4760

AlKoblin@gmail.com                katbecker@bhhscal.com

CADRE# 01425393                    CADRE# 0120203