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2245-2251 Westwood Blvd 4,400 SF 100% Leased Retail Building Los Angeles, CA 90064 $5,113,868 CAD ($1,162.24 CAD/SF) 5.40% Cap Rate



INVESTMENT HIGHLIGHTS
- Adjacent to Starbucks, Chase Bank Jersey Mike’s, and Poquito Mas—providing built-in traffic and visibility
- Excellent exposure from the signalized intersection at Olympic Blvd & Westwood Blvd.
- 4 Office Units all tenants on month-to-month agreements
- One block from UCLA’s $700,000,000 investment into a new 700,000 SF science research park in the former Westside Pavilion
- Two retail tenants with no further lease options post-2029, creating potential for releasing at higher market rents
- Fully leased with a 5.4% cap rate, NNN and perfect for 1031 Buyers
EXECUTIVE SUMMARY
Maher Commercial Realty presents 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 property is NNN and perfect for 1031 Buyers. 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.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,400 SF
Building Class
C
Year Built/Renovated
1940/2017
Price
$5,113,868 CAD
Price Per SF
$1,162.24 CAD
Cap Rate
5.40%
NOI
$276,385 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.84
Lot Size
0.12 AC
Zoning
C4 - Commerical
Parking
10 Spaces (2.27 Spaces per 1,000 SF Leased)
Frontage
40’ on Westwood Blvd
AMENITIES
- Signage
- Air Conditioning
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 4322-002-017 | Improvements Assessment | $236,261 CAD (2025) |
| Land Assessment | $2,271,852 CAD (2025) | Total Assessment | $2,508,113 CAD (2025) |
PROPERTY TAXES
Parcel Number
4322-002-017
Land Assessment
$2,271,852 CAD (2025)
Improvements Assessment
$236,261 CAD (2025)
Total Assessment
$2,508,113 CAD (2025)
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2245-2251 Westwood Blvd
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