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Westwood Blvd Retail & Office/Apartment 2245-2251 Westwood Blvd 4,600 SF 100% Leased Retail Building Los Angeles, CA 90064 $5,071,514 CAD ($1,102.50 CAD/SF)



Investment Highlights
- Prime Weswood Blvd Mixed-Use Purchase Opportunity
- 2 Front Retail Units + 4 Rear Office/Apartment Units
- $16,700 Actual Gross Monthly Income | Pro Forma $19,100 Gross Monthly Income
- Owner Will Consider Seller Financing 50% of the Purchase Price
- Includes Rear Tandem Parking Lot for 10 Vehicles
- 5 Occupied Units and 1 Vacant Office/Apartment Unit
Executive Summary
Owner Will Consider Seller Financing 50% of the Purchase Price. 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 office/apartment 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 $16,700 with upside to a pro forma $19,100. 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 (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$270,844
|
$61.56
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$270,844
|
$61.56
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $270,844 |
| Annual Per SF | $61.56 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $270,844 |
| Annual Per SF | $61.56 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,600 SF
Building Class
C
Year Built/Renovated
1940/2017
Price
$5,071,514 CAD
Price Per SF
$1,102.50 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.85
Lot Size
0.12 AC
Zoning
LAC4 - Commerical
Parking
10 Spaces (2.17 Spaces per 1,000 SF Leased)
Frontage
40’ on Westwood Blvd
Amenities
- Signage
- Air Conditioning
Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (78)
Nearby Major Retailers
Property Taxes
| Parcel Number | 4322-002-017 | Improvements Assessment | $228,846 CAD |
| Land Assessment | $2,200,542 CAD | Total Assessment | $2,429,387 CAD |
Property Taxes
Parcel Number
4322-002-017
Land Assessment
$2,200,542 CAD
Improvements Assessment
$228,846 CAD
Total Assessment
$2,429,387 CAD
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Westwood Blvd Retail & Office/Apartment | 2245-2251 Westwood Blvd
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