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.