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$ 3,740,000
Est. payment | /mo
5,405 Sqft Lot
$ 3,740,000
Est. payment | /mo
5,405 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25559993
HOA Y/N No
Year Built 1940
Lot Size 5,405 Sqft
Property Description
We are pleased to present a unique mixed-use investment opportunity in the heart of Westwood's bustling commercial corridor. Located just one block from the new 700,000 SF UCLA Science Research Park, this 4,400 SF property benefits from exceptional visibility at the high-traffic intersection of Olympic Blvd and Westwood Blvd and is shadow anchored by a vibrant shopping center featuring Starbucks, Chase Bank, Jersey Mike's, and Poquito Mas. The site features two separate structures comprising two retail units (950 SF each) and four office units, currently generating $18,871/month in gross rent. With long-term stable tenants in place, the property sits on a 5,405 SF lot (0.12 AC) zoned LAC4, offering flexibility for continued retail and office use or future redevelopment in one of Los Angeles' most desirable submarkets. With direct Westwood Boulevard frontage, the location boasts a Walk Score of 90+ and is just five minutes from UCLA, ensuring consistent foot traffic. The property also includes 10 parking spaces, five standard and five tandem, and is anchored by long-term, stable tenants.
Location
State CA
County Los Angeles
Area C05 - Westwood - Century City
Zoning LAC4
Interior
Fireplace No
Exterior
Total Parking Spaces 10
Others
Tax ID 4322002017
Special Listing Condition Standard
Listed by Oron Maher Maher Commercial Realty