Description

Situated along prime Westwood Boulevard just south of Olympic Boulevard, this exceptional mixed-use property offers a rare combination of high-visibility retail and strong residential income in one of Los Angeles’ most active corridors. The property includes a one-story retail building with two storefronts fronting Westwood Blvd, along with a two-story rear structure consisting of four residential units, supported by rear tandem parking for ten vehicles. Renovated in 2017 and well maintained, the asset benefits from strong traffic counts of approximately 56,640 vehicles per day on Olympic Blvd and 26,706 vehicles per day on Westwood Blvd, providing excellent exposure for the retail component. Ideally located near Century City, Brentwood, and Santa Monica, the property is currently stabilized with two occupied retail units and four apartment units (one currently vacant), generating actual gross monthly income of $16,490 with upside potential to a pro forma $18,990. Zoned LAC4 and identified by APN 4322-002-017, this offering presents an attractive opportunity for investors seeking long-term value in a premier Westside location.