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2023-2029 Westwood Blvd 4,410 SF Vacant Retail Building Los Angeles, CA 90025 For Sale
Investment Highlights
- Westside covered land play with ±4,410 SF of retail on ±10,804 SF of land and ±80 feet of frontage on Westwood Boulevard.
- Flexible five-suite configuration suited for lease-up, owner-user occupancy, repositioning, or long-term hold.
- Anchored by UCLA, Westwood Village, Century City, and Sawtelle, with forthcoming Metro D Line stations reinforcing long-term Westside demand.
- Immediate vacancy control with three of five suites vacant and two leased month-to-month, delivering interim income and full flexibility.
- Significant development potential under C4-1VL-POD zoning, with by-right, MIIP, and AHIP pathways.
Executive Summary
Offers due Friday, June 26, 2026 at 5:00 PM PT.
2023–2029 Westwood Boulevard offers a rare opportunity to acquire a multi-tenant Westside retail asset with significant development potential on one of West Los Angeles' most established north-south corridors. The property is a ±4,410 SF single-story retail building on a ±10,804 SF parcel, configured as five ground-level suites with ±80 feet of frontage on Westwood Boulevard, a rear surface parking field, and an ancillary storage component. Two suites are leased month-to-month and three are vacant, giving a buyer in-place income, immediate vacancy control, and the flexibility to lease, occupy, reposition, or hold the site for future development.
Situated between Olympic and Santa Monica Boulevards, the property draws on a deep Westside demand base — UCLA, Westwood Village, Century City, Sawtelle, Brentwood, the West LA VA Medical Center, and the forthcoming Metro D Line stations at Westwood / UCLA and Westwood / VA Hospital — within a corridor seeing sustained residential, mixed-use, affordable, institutional, and transit-oriented reinvestment.
Zoned C4-1VL-POD, the parcel sits within multiple housing and incentive-oriented designations, including Housing Element Site, Lower Income Rezoning Site, Transit Priority Area, TOC Tier 2, Opportunity Corridor 2, TCAC Highest Resource Area, and ED-1 eligibility. A third-party Brickwork zoning analysis outlines the by-right, MIIP, and AHIP development pathways, subject to buyer verification. With existing retail income, surface parking, suite-level flexibility, and a strong land-to-building ratio, 2023–2029 Westwood Boulevard represents a compelling covered land position in the heart of the Westside.
2023–2029 Westwood Boulevard offers a rare opportunity to acquire a multi-tenant Westside retail asset with significant development potential on one of West Los Angeles' most established north-south corridors. The property is a ±4,410 SF single-story retail building on a ±10,804 SF parcel, configured as five ground-level suites with ±80 feet of frontage on Westwood Boulevard, a rear surface parking field, and an ancillary storage component. Two suites are leased month-to-month and three are vacant, giving a buyer in-place income, immediate vacancy control, and the flexibility to lease, occupy, reposition, or hold the site for future development.
Situated between Olympic and Santa Monica Boulevards, the property draws on a deep Westside demand base — UCLA, Westwood Village, Century City, Sawtelle, Brentwood, the West LA VA Medical Center, and the forthcoming Metro D Line stations at Westwood / UCLA and Westwood / VA Hospital — within a corridor seeing sustained residential, mixed-use, affordable, institutional, and transit-oriented reinvestment.
Zoned C4-1VL-POD, the parcel sits within multiple housing and incentive-oriented designations, including Housing Element Site, Lower Income Rezoning Site, Transit Priority Area, TOC Tier 2, Opportunity Corridor 2, TCAC Highest Resource Area, and ED-1 eligibility. A third-party Brickwork zoning analysis outlines the by-right, MIIP, and AHIP development pathways, subject to buyer verification. With existing retail income, surface parking, suite-level flexibility, and a strong land-to-building ratio, 2023–2029 Westwood Boulevard represents a compelling covered land position in the heart of the Westside.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
4,410 SF
Building Class
C
Year Built
1956
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Lot Size
0.25 AC
Zoning
C4 - Commercial
Parking
11 Spaces (2.49 Spaces per 1,000 SF Leased)
Frontage
80’ on Westwood Blvd
Amenities
- 24 Hour Access
Very walkable
80/100
Exceptionally drivable
90/100
Strong public transit
80/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 4323-003-018 | Improvements Assessment | $172,391 CAD |
| Land Assessment | $377,164 CAD | Total Assessment | $549,555 CAD |
Property Taxes
Parcel Number
4323-003-018
Land Assessment
$377,164 CAD
Improvements Assessment
$172,391 CAD
Total Assessment
$549,555 CAD
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2023-2029 Westwood Blvd
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