1640 Sepulveda
Los Angeles, CA
Address:
1640 S Sepulveda Blvd
Market:
Los Angeles
Building Size:
164,000 SF
Asset Class:
Office
Date Acquired:
July 2013/Recapitalized August 2018
Date Sold:
December 2023
Status:
Sold
Property Description
1640 Sepulveda is a 5-story Class A office building in the Westwood Submarket of Los Angeles. Ocean West acquired the property off-market in 2013 and executed a comprehensive $8.3M capital renovation initiative, transforming the property into one of the Westside’s premier mid-rise creative office properties. This capitalization program included extensive exterior renovations, lobby and common area remodeling and the addition of an outdoor amenity patio. These renovations were enhanced by strong building characteristics such as private usable patios/terraces, large and efficient floor plates, and abundant subterranean parking. Together with 1640 Sepulveda’s inherent characteristics and location, our extensive renovation program has uniquely positioned the property to cater to the growing base of creative tenants located in West Los Angeles.