Charles Dunn Company, a full-service commercial real estate firm, has negotiated the sale of a 6,120-square-foot medical building located at 2122 Wilshire Boulevard for more than $5.1 million. Only minutes away from St. John’s Health Center and Santa Monica Hospital, tenants of the single-story building include UCLA Healthcare Primary Care Offices.
Charles DeSantis, senior managing director in Charles Dunn’s West Los Angeles office, represented the seller, 2122 Wilshire Building. The buyer, American Commercial Equities, a private Malibu-based real estate company that owns and operates retail and office facilities, was represented by David Ickovics, managing director in Charles Dunn’s West Los Angeles office.
According to Ickovics, 2122 Wilshire Boulevard is a prime investment for the buyer due to its great Santa Monica locale on one of the city’s main thoroughfares. The buyer plans to maintain the facility as a medical building.