Two-Level Shopping Center with
For Sale
Contact for pricing
Pending
10807 W Pico Blvd, Los Angeles, CA 90064
Two-building, two-level shopping center anchored by Guitar Center, with an above-grade parking structure of about 140 spaces.
Property SizeContact for details
Days on Market119
Property Features for 10807 W Pico Blvd
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
REZA Investment Group
Listed By:
Aaron Bettencourt · License #CA 01194991
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Aug 7 at 9:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REZA Investment Group
Investment Insights
Based on property information with market context.
The Westside Center is a two-building shopping center totaling approximately 36,540 square feet of gross leasable area on two levels, including 28,465 square feet of ground floor and 8,075 square feet of second floor space. The property is currently anchored by Guitar Center (approximately 29,991 square feet) and includes two additional month-to-month tenants. A two-level above-grade parking structure provides approximately 140 parking spaces.
The center is situated at the signalized intersection of W. Pico Blvd. and Westwood Blvd., with combined average daily traffic of approximately 69,000 vehicles. The site is positioned directly adjacent to One Westside, a 680,000-square-foot mixed-use redevelopment anchored by Google, scheduled to deliver in early 2022.
The property consists of two buildings on approximately 0.86 acres and qualifies as a Transit Oriented Community (TOC) within the City of Los Angeles due to its proximity (approximately 1/4 mile north) of the Westwood/Rancho Park Station on the LA Metro Expo Line. The TOC classification is described as providing incentives for a repositioning or redevelopment, including reduced parking requirements and favorable floor area ratios. Guitar Center’s lease expires 4/2022 with one 5-year option remaining.
The center is situated at the signalized intersection of W. Pico Blvd. and Westwood Blvd., with combined average daily traffic of approximately 69,000 vehicles. The site is positioned directly adjacent to One Westside, a 680,000-square-foot mixed-use redevelopment anchored by Google, scheduled to deliver in early 2022.
The property consists of two buildings on approximately 0.86 acres and qualifies as a Transit Oriented Community (TOC) within the City of Los Angeles due to its proximity (approximately 1/4 mile north) of the Westwood/Rancho Park Station on the LA Metro Expo Line. The TOC classification is described as providing incentives for a repositioning or redevelopment, including reduced parking requirements and favorable floor area ratios. Guitar Center’s lease expires 4/2022 with one 5-year option remaining.
Key Highlights
- Two‑building, two‑level shopping center totaling about 36,540 SF GLA: 28,465 SF ground floor and 8,075 SF second floor.
- Guitar Center anchor tenant occupies 29,991 SF, plus two month‑to‑month tenants.
- Above‑grade, two‑level parking structure with +/- 140 parking spaces.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,317
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90064, CA
27,553
Population
12,897
Households
2.1
Avg Household Size
40
Median Age
71%
College-Educated
95%
High-School Grad
3.7 sq mi
ZIP Area
7,447
Density / Sq Mi
$129,703
Median Household Income
$84,766
Median Earnings
$2,710
Median Rent
$1,746,800
Median Home Value
Market
Vacancy Rate% for Retail in Los Angeles, CA
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Frequently Asked Questions
What type of property is this?
Shopping center - Two-building, two-level shopping center anchored by Guitar Center, with an above-grade parking structure of about 140 spaces.
Where is this shopping center located?
The property is located at 10807 W Pico Blvd Los Angeles, CA.
What are key features of this property?
This property features: Two‑building, two‑level shopping center totaling about 36,540 SF GLA: 28,465 SF ground floor and 8,075 SF second floor.; Guitar Center anchor tenant occupies 29,991 SF, plus two month‑to‑month tenants.; Above‑grade, two‑level parking structure with +/- 140 parking spaces.
