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… Read More 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. Read Less
Property listed by Maher Commercial Realty, Oron Maher 310-464-1453
Listing Snapshot
Days Online
3
Last Updated
Property Type
Other
Square Ft.
4,400
Lot Size
0.12 Acres
Year Built
1940
MLS Number
25559993
30 Days Snapshot Of 90064
$2.33M
+23%
(avg) sold price
26
+62%
homes sold
42
-34%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1940, Building area total: 4,400, 2 buildings
Income
Net operating income: $199,917
Lot
0.1241 acres, 5,405 square feet, Size: 5,405
Parking
10 totals parking
Property
Zoning: LAC4
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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