Offers due Friday, June 26, 2026 at 5:00 PM PT.
2023–2029 Westwood Boulevard is a Westside covered land opportunity combining interim retail income with long-term development potential. The asset is a ±4,410 SF single-story retail building on a ±10,804 SF C4-zoned parcel, positioned along Westwood Boulevard between Olympic and Santa Monica Boulevards.
Improvements include five ground-level retail suites, rear surface parking, ±80 feet of frontage, and an ancillary storage component. Two suites are leased month-to-month and three are vacant — providing income in place and immediate control over the majority of the building during predevelopment. Zoned C4-1VL-POD, the parcel carries a deep stack of housing and incentive designations: 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 by-right, MIIP, and AHIP pathways with estimated yields of 27, 83, and 93 units respectively, subject to buyer verification.
Surrounded by 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, the property offers a flexible Westside land position in a corridor seeing sustained housing, institutional, and transit-oriented reinvestment.