Loading your model…
Trusted by property owners and tenants across Southern California. We deliver exceptional property management with a personal touch.
Focused Portfolio
Owner-Operated
Managing the South Bay
Loading your model…
Published July 18, 2026
UCLA bought the 700,000 square foot One Westside complex for $700 million and is turning it into two research institutes, with construction starting in 2026 and first occupancies in late 2027.
The building most West LA owners knew as a dying mall is now UCLA Research Park. UCLA bought the 700,000 square foot One Westside complex for $700 million and is turning it into the California Institute for Immunology and Immunotherapy and a Center for Quantum Science and Engineering. Construction begins in 2026 with first occupancies in late 2027, the same season the Metro D Line finally reaches Westwood. Here is the plain read.
For about a decade, one of the Westside's biggest buildings sat there going quiet while everyone drove past it. 2026 is the year that turns around. I want to hand you the version I see standing in the middle of the neighborhood, not the version you get from a headline.
The Westside Pavilion was mostly empty for years before UCLA stepped in. UCLA acquired the roughly 700,000 square foot property, since rebranded One Westside, for $700 million and announced it would become UCLA Research Park, home to two new institutes. One is the California Institute for Immunology and Immunotherapy. The other is a Center for Quantum Science and Engineering. The plan is backed by an intended $500 million state investment, of which $200 million has been allocated so far.
Nobody is repainting a food court here. This is a working research campus with laboratories, faculty, graduate researchers, and the kind of steady daily foot traffic a shopping mall on its last legs never saw. An environmental study released in May 2026 laid out the timeline: construction build outs begin in 2026, with the first occupancies expected in late 2027.
The number that matters to an owner is not the science. It is the population. A campus this size pulls in a steady flow of people who need to live nearby and who get paid on a research or university calendar, not a tourist one. Postdocs, lab staff, visiting faculty, graduate students. Every one of them wants a short trip to the lab, and there is only so much short trip to go around. That demand outlasts any single ribbon cutting.
This is the piece that turns the campus from interesting into structural. The Metro D Line, which plenty of people still call the Purple Line, is finishing its long crawl west and landing on the Westside in stages. The first new section opened on May 8, 2026, adding stations at Wilshire and La Brea, Wilshire and Fairfax, and Wilshire and La Cienega. Century City follows in spring 2027. Then in fall 2027 the line reaches Westwood, with stops at Westwood and UCLA and at Westwood and the VA.
Now put the two calendars side by side. The research campus opens its first doors in late 2027. The subway reaches Westwood in fall 2027. A West LA renter is about to be able to step onto a train and reach UCLA, Century City, Beverly Hills, Koreatown, or downtown without touching a car or the 405. Access like that does not evaporate. It gets baked into every lease on this side of town for the life of the line.
So if any part of how you think about your building rested on the Westside being permanently car locked, this is the year to update the file. The train stopped being a rendering. Section one carries passengers today, and those Westwood stations are dated, not hoped for.
There is one more project moving a short distance away, and it is worth getting straight because owners tend to hear a fragment of it and picture the wrong thing. In December 2025 a federal appeals court upheld an order requiring the VA to build veteran housing on its 388 acre West LA campus: 750 temporary units within 18 months and 1,800 permanent supportive units over six years. Several commercial leases on the campus were nullified along the way, and UCLA's lease was reinstated.
Ground has already broken. The VA issued a $30 million request for proposals to build about 220 veteran units, with proposals due June 23, 2026 and delivery targeted by the end of 2026. Campus housing capacity is climbing from 955 residents in January 2025 toward roughly 1,670 by the end of 2026. This is supportive housing for veterans on federal land, which is a different world from your rentals. Read it as context for the neighborhood, not competition for your tenant.
Put it together and the demand pointed at West LA is about to get both deeper and more durable, carried by a research campus and a subway station rather than one big weekend. If you have a unit turning over as 2027 approaches, you are handing it to a stronger market than the one you last leased it into, so think hard before you lock a long below market lease right as the access story lands.
The other half is knowing your own rules. West LA sits inside the City of Los Angeles, so most older buildings here fall under the city Rent Stabilization Ordinance, and the allowable annual increase is set by the city and shifts by cycle. The mistake I watch owners make is almost never raising too much. It is never filing an increase at all and then living on a lower base for the whole length of the tenancy. Confirm your specific building and the current allowable number with a licensed professional before you serve anything.
And if your read on this area ever quietly assumed the Westside was stuck, this is a good year to retire that. A $700 million campus and a subway both arrive in 2027. The decision you already made owning here is about to have better neighbors.
This is general information, not legal or tax advice. Confirm with a licensed professional before you act.
Topics: market, west-los-angeles, westside, development, transit
Back to the Schofield Properties blog
Schofield Properties is a family run property management company at 323 Richmond St, El Segundo, CA 90245. We have managed the South Bay since 1972 and personally oversee about 186 doors today. Book a call to talk about your property.