2319-2323 Westwood BlvdLos Angeles, CA 90064

Property Details for 2319-2323 Westwood Blvd

Year built

1952

Property size (Sq ft)

1,800 SF

Property type

Retail properties

Description

This exceptional Westwood Boulevard retail property presents a unique investment and owner-user opportunity. The offering encompasses two buildings situated on a substantial 13,214 square foot lot, with a combined square footage ranging from 1,800 to 7,200 square feet. Constructed in 1952 and 1987 respectively, the buildings are zoned LAC4, providing flexibility for a variety of retail uses. The property boasts convenient rear parking accessible directly from Westwood Boulevard, a significant advantage in this high-demand location. Currently, the buildings will be delivered vacant upon the close of escrow, presenting a blank canvas for a new owner to customize and optimize the space to their specific needs. This prime location is surrounded by world-class amenities, ensuring high visibility and foot traffic. The property offers significant value-add potential for mid-to-long-term growth, making it an attractive investment for both owner-users seeking a strategic location and investors looking for a redevelopment opportunity. The asking price is $5,250,000, and the property's APN numbers are 4322-003-038 and 4322-003-039. This is a rare chance to acquire a substantial retail property in a highly desirable Los Angeles neighborhood.

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0417

Longitude

-118.43

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