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1386-1388 Westwood Blvd 7,530 SF 100% Leased Retail Building Los Angeles, CA 90024 $6,536,712 CAD ($868.09 CAD/SF) 5.95% Cap Rate



Executive Summary
Attari Plaza is a two-story, mixed-use property with an open-air courtyard, home to the iconic Attari Sandwich Shop. Located in Persian Square, a culturally vibrant district along Westwood Blvd, with high foot traffic near UCLA, Westwood Village, and a dense residential and professional population. ±7,737 SF leased to eight tenants, including two restaurants (100% occupied). ±3,715 SF of restaurant and courtyard space on ground floor; ±4,022 SF office/ retail above. Pro-Forma cap rate of 6.29%. Anchored by Attari Sandwiches, a neighborhood staple for approximately 35 years, alongside well-followed Tak Bakery, which recently signed a new lease at the property. ±30% of tenants on month-to-month leases, offering flexibility for owner-users or repositioning for higher rents. The Metro Purple Line station at Wilshire & Westwood (expected 2027) will further boost accessibility & foot traffic.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,530 SF
Building Class
C
Year Built
1931
Price
$6,536,712 CAD
Price Per SF
$868.09 CAD
Cap Rate
5.95%
NOI
$388,818 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.14
Lot Size
0.15 AC
Zoning
C4-IVL-POD- TOC 3 - Heavy Commercial
Frontage
50’ on Westwood Blvd
Amenities
- Air Conditioning
Very walkable
80/100
Moderately drivable
70/100
Strong public transit
80/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 4325-016-005 | Improvements Assessment | $1,292,523 CAD |
| Land Assessment | $4,308,411 CAD | Total Assessment | $5,600,934 CAD |
Property Taxes
Parcel Number
4325-016-005
Land Assessment
$4,308,411 CAD
Improvements Assessment
$1,292,523 CAD
Total Assessment
$5,600,934 CAD
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1386-1388 Westwood Blvd
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