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Retail/Residential Purchase Opportunity 2245-2251 Westwood Blvd 4,400 SF 83% Leased Retail Building Los Angeles, CA 90064 $3,699,000 ($840.68/SF)
INVESTMENT HIGHLIGHTS
- Prime Weswood Blvd Mixed-Use Purchase Opportunity
- Includes Rear Tandem Parking Lot for 10 Vehicles
- 5 Occupied Units and 1 Vacant Apartment Unit
- 2 Front Retail Units + 4 Rear Apartment Units
- $16,490 Actual Gross Monthly Income | Pro Forma $18,990 Gross Monthly Income
EXECUTIVE SUMMARY
Situated along prime Westwood Boulevard just south of Olympic Boulevard, this exceptional mixed-use property offers a rare blend of high-visibility retail and desirable residential income in one of Los Angeles’ most dynamic corridors. The property features a one-story retail structure with two storefronts fronting Westwood Blvd, complemented by a two-story rear building comprising four residential units, supported by convenient rear tandem parking for ten vehicles. Renovated in 2017 and maintained in excellent condition, the asset benefits from heavy daily traffic counts of approximately 56,640 vehicles on Olympic Blvd and 26,706 vehicles on Westwood Blvd, ensuring strong retail exposure. Ideally positioned adjacent to Century City, Brentwood, and Santa Monica, the property is currently stabilized with two occupied retail units and four apartment units (one vacant), generating an actual gross monthly income of $16,490 with upside to a pro forma $18,990. Zoned LAC4 and identified by APN 4322-002-017, this offering presents a compelling opportunity for investors seeking long-term value in a premier Westside location.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$197,880
|
$44.97
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$197,880
|
$44.97
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $197,880 |
| Annual Per SF | $44.97 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $197,880 |
| Annual Per SF | $44.97 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,400 SF
Building Class
C
Year Built/Renovated
1940/2017
Price
$3,699,000
Price Per SF
$840.68
Percent Leased
83%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.81
Lot Size
0.12 AC
Zoning
LAC4 - Commerical
Parking
10 Spaces (2.27 Spaces per 1,000 SF Leased)
Frontage
40’ on Westwood Blvd
AMENITIES
- Signage
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- A & S & Yas, LLC
- Public Administration
- -
- -
- -
- Organic Care Givers
- Retailer
- -
- -
- -
- Smoke World
- Retailer
- -
- -
- -
- Tj's Moka Mix
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| A & S & Yas, LLC | Public Administration | - | - | - | ||
| Organic Care Givers | Retailer | - | - | - | ||
| Smoke World | Retailer | - | - | - | ||
| Tj's Moka Mix | Retailer | - | - | - |
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 4322-002-017 | Improvements Assessment | $167,401 |
| Land Assessment | $1,609,701 | Total Assessment | $1,777,102 |
PROPERTY TAXES
Parcel Number
4322-002-017
Land Assessment
$1,609,701
Improvements Assessment
$167,401
Total Assessment
$1,777,102
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Retail/Residential Purchase Opportunity | 2245-2251 Westwood Blvd
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