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Westwood Blvd Retail & Residential Property 2245-2251 Westwood Blvd 4,600 SF 100% Leased Retail Building Los Angeles, CA 90064 $4,956,700 CAD ($1,077.54 CAD/SF)



Investment Highlights
- Price Reduced! Prime Weswood Blvd Mixed-Use Purchase Opportunity
- 2 Front Retail Units + 4 Rear Apartment Units
- $16,700 Actual Gross Monthly Income | Pro Forma $19,100 Gross Monthly Income
- Ideal for Owner-User
- Includes Rear Tandem Parking Lot for 10 Vehicles
- 5 Occupied Units and 1 Vacant Apartment Unit
Executive Summary
Price reduced! 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 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 owner-user purchase opportunity. Note: Buyer should independently verify zoning, as it was previously zoned as apartment and is now zoned as office.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$268,721
|
$61.07
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$268,721
|
$61.07
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $268,721 |
| Annual Per SF | $61.07 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $268,721 |
| Annual Per SF | $61.07 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,600 SF
Building Class
C
Year Built/Renovated
1940/2017
Price
$4,956,700 CAD
Price Per SF
$1,077.54 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 - Commercial
C2 Uses with Limitation, R4 Uses
Parking
10 Spaces (2.17 Spaces per 1,000 SF Leased)
Frontage
40’ on Westwood Blvd
Amenities
- Signage
- Air Conditioning
Very walkable
80/100
Exceptionally drivable
90/100
Strong public transit
80/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 4322-002-017 | Improvements Assessment | $231,407 CAD |
| Land Assessment | $2,225,170 CAD | Total Assessment | $2,456,577 CAD |
Property Taxes
Parcel Number
4322-002-017
Land Assessment
$2,225,170 CAD
Improvements Assessment
$231,407 CAD
Total Assessment
$2,456,577 CAD
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Westwood Blvd Retail & Residential Property | 2245-2251 Westwood Blvd
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