Updated Nov 12, 2026
Emiko Terasaki Sells Office Building At 1018-1024 Westwood Boulevard Los Angeles For $12M
1018-1024 Westwood Blvd, Los Angeles, Ca 90024
$12,000,000
$647/SF
Building Size
18,522 SF
Asset Type
Office
Closing
Oct 29, 2026
About this deal
AI
The property asset involved in this transaction is an office building with a sale price of $12,000,000, located at 1018-1024 Westwood Boulevard, Los Angeles, CA 90024. The building has a size of approximately 18,522 square feet and is situated on a land area of about 8,184 square feet. This newly constructed building was completed in 2017 and generated multiple offers during the listing process.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $12,000,000
- Square Footage: 18,522 SF
- Price Per Square Foot: $647
- Seller: Emiko Terasaki
- Seller's Representative: Woody Cook & T.C. Macker - WESTMAC Commercial Brokerage Company
- Closing Date: 10/29/2026
- Land Size: ± 8,184 SF
The transaction was represented by Woody Cook and T.C. Macker from WESTMAC Commercial Brokerage Company, signifying their role in facilitating the sale for the seller, Emiko Terasaki. The successful listing of the property was underscored by the competitive interest it received in the market.
On the Map
$12,000,000
$647/SF
Office
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.32%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93