2023-2029 Westwood Boulevard
Westside Infill Retail with Significant Development Upside on Westwood Boulevard
Marketing description
2023–2029 Westwood Boulevard offers ownership of a ±10,804 SF parcel on one of West Los Angeles' most established commercial corridors, improved with a single-story, five-suite retail building totaling ±4,410 SF. The property fronts Westwood Boulevard, is supported by a rear surface parking field, and sits between Olympic Boulevard and Santa Monica Boulevard at the center of the Westwood / West Los Angeles submarket.
Two of the five retail suites are leased on a month-to-month basis, while three suites are vacant. The result is meaningful interim income, immediate control over a majority of the existing suite count, and a flexible base from which a buyer can lease, occupy, reposition, or hold the site for future development. The 2029 Westwood tenancy also includes use of an approximately 380 SF rear storage unit, providing additional functional utility to the existing improvements.
The accompanying third-party Brickwork zoning analysis outlines the parcel's development framework in detail. With UCLA, Westwood Village, Century City, Sawtelle, Brentwood, and the forthcoming Metro D Line stations all within a short distance, the property offers an opportunity to take long-term ownership of a Westside infill parcel in a corridor seeing meaningful redevelopment activity.
Investment highlights
- Westwood Boulevard Land Position — Direct frontage on a primary north-south Westside corridor, with rear surface parking and existing retail improvements producing interim income.
- Low Coverage, High Land Component — ±4,410 SF of building on ±10,804 SF of land, offering a low building-to-land ratio that supports both current operation and long-term planning.
- Five-Suite Retail Configuration — The building is divided into five ground-level retail suites, allowing a buyer to lease, occupy, or hold individual units independently.
- In-Place Income with Immediate Vacancy Control — Two suites are leased on a month-to-month basis, while three suites are vacant. Buyers acquire interim income, immediate control over the vacant suites, and full flexibility for future use.
- Surface Parking, Storage & Direct Frontage — ±80 feet of Westwood Boulevard frontage, rear surface parking, and an ancillary rear storage component currently used by the 2029 Westwood tenant, supporting current retail operation and future planning.
- Westside Demand Base — UCLA, Westwood Village, Century City, Sawtelle, Brentwood, and Rancho Park are all within a short radius, anchoring long-term residential, retail, and institutional demand.
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