A brand-new medical office tower in West Los Angeles has been listed for sale, according to a report from Newmark. The report indicates that the 15-story, 145,000-square-foot property at 656 S. San Vicente Boulevard is available for investors seeking a premier healthcare asset at the gateway to Beverly Hills. The development represents a rare opportunity, as it marks the first new medical office building of its kind in West Los Angeles in over two decades.
Slated for completion in Spring 2026, the state-of-the-art property is being developed by Stockdale Capital Partners and is positioned to serve the region’s growing demand for cutting-edge medical and research facilities. Designed with efficiency in mind, the tower will feature floor-to-ceiling glass optimized for medical office and laboratory use, flexible floor plates, and advanced infrastructure to support the latest medical technology.
According to the property website, sustainability is a core focus of the development, with the project targeting LEED Gold certification. Features such as water and waste conservation, electric vehicle charging stations, solar-ready wiring, and the potential integration of photovoltaic technologies highlight the building’s environmentally conscious design. Located at the intersection of Wilshire and San Vicente Boulevards, the property offers visibility and branding opportunities. It is in close proximity to major hospitals and healthcare institutions, ensuring a steady stream of tenants and patients. The building also includes an elevated outdoor wellness loop on the ninth floor, offering panoramic views of the Los Angeles basin, as well as a dedicated rooftop terrace exclusively for the penthouse-level tenant.
On the ground level, the project will activate the streetscape with a pedestrian-friendly design, featuring retail space, a restaurant, and a pharmacy to serve both tenants and the surrounding community. The development will also include a 418-space above-ground parking garage with full-service valet, addressing a long-standing need for additional parking in the area.
Beverly Grove in Los Angeles has been experiencing a surge in development activity as of last year. The neighborhood is seeing an uptick in mixed-use projects, including a planned residential-retail complex at 8251 W. Melrose Avenue, which will replace existing commercial buildings. Meanwhile, at 8620 W. 3rd Street, a new development will integrate apartments with medical offices, strategically positioned near Cedars-Sinai. Near the Beverly Center, a 126-unit apartment building with ground-floor retail has been approved for 400 S. San Vicente Boulevard. Additionally, senior housing is expanding, with a new project underway at 8070 W. Beverly Boulevard to accommodate Congregation Beth Israel.
