310-909-5422
2023-2029 Westwood Blvd, Los Angeles, CA for Sale
Storefront - FOR SALE
1/11
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2023-2029 Westwood Blvd
Los Angeles, CA 90025
West Los Angeles


HIGHLIGHTS

  • Westside covered land play with ±4,410 SF of retail on ±10,804 SF of land and ±80 feet of frontage on Westwood Boulevard.
  • Immediate vacancy control with three of five suites vacant and two leased month-to-month, delivering interim income and full flexibility.
  • Flexible five-suite configuration suited for lease-up, owner-user occupancy, repositioning, or long-term hold.
  • Significant development potential under C4-1VL-POD zoning, with by-right, MIIP, and AHIP pathways.
  • Anchored by UCLA, Westwood Village, Century City, and Sawtelle, with forthcoming Metro D Line stations reinforcing long-term Westside demand.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

C4

APN/PARCEL ID

4323-003-018

ASK ABOUT THIS PROPERTY

Iman MossanenMarcus & MillichapMore Info
310-909-5422

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Iman MossanenMarcus & MillichapMore Info
310-909-5422

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.