Charlie Rosenberg
Listed by Charlie Rosenberg, Major Properties
$3,499,000
Westwood Blvd Retail/Residential Opportunity
Details
APN 4322-002-017
Property Type Mixed Use, Retail
Sub Type Storefront, Apartment Building
Square Footage 4,600
Units 6
Cap Rate 6.67%
NOI $233,460
Occupancy 100%
Tenancy Multi
Pro-Forma NOI $229,200
Price per SqFt $761
Year Built 1940
Year Renovated 2017
Buildings 2
Stories 2
Lot Size (SqFt) 5,400
Zoning LA C4
Parking Spaces 10 spaces
Parking per 1,000 SqFt 2.17
Investment Type Owner/User
Ground Lease No
Mixed Use Investment | 4,600 SqFt
Marketing description
Prime Westwood Blvd retail and residential property. One-story building with 2 front retail units plus two-story building at rear with 4 apartment units. 100% occupied: Actual $233,460 gross annual income. Ideal for owner-user. Includes rear parking for 10 vehicles (tandem). In excellent condition! Renovated in 2017. Heavy traffic location just south of Olympic Blvd. Adjacent to Century City, Brentwood, and Santa Monica.
Investment highlights
- Prime Westwood Blvd retail and residential property
- One-story building with 2 front retail units plus two-story building at rear with 4 apartment units
- 100% occupied: Actual $233,460 gross annual income
- Ideal for owner-user
- Includes rear parking for 10 vehicles (tandem)
- In excellent condition! Renovated in 2017
- Heavy traffic location just south of Olympic Blvd
- Adjacent to Century City, Brentwood, and Santa Monica
Listing Contacts
Charlie Rosenberg
Listed by Charlie Rosenberg, Major Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$233,460.00
$19,455.00/mo
Valuation Metrics
0
DSCR
6.67%
Cap Rate
6.67%
ROI
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Property History
Tax History
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