1351-1359 Westwood Blvd, Los Angeles, CA 90024
For sale retail center featuring 33 tenants, strong boulevard frontage, and rear alley access for flexible operations.
- Added:
- Jun 23, 2026
- Days on Market:
- 9
- Last Refresh:
- Jul 1 at 5:53 am
Property Features for 1351-1359 Westwood Blvd
General Information
- Standard status
- Active
- Size
- 13,825 SF
- Property subtype
- RETAIL
Listing office WESTMAC Commercial Brokerage Company (310) 478-7700
Listing date Jun 23, 2026
Source Moodyscre
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 WESTMAC Commercial Brokerage Company
HighLights
- Retail center with 33 tenants
- Nearly 100 feet of frontage along Westwood Blvd
- Rear alley access for flexible operations
- Highly visible Westwood Village location
Overview
The property’s positioning on Westwood Blvd supports visibility and storefront exposure, while the rear alley access helps separate back-of-house activity from street-facing operations. The combination of storefront frontage and service access is a practical fit for a range of neighborhood-serving retail concepts.
For tenant and buyer use, this center offers an owner-user or investor the opportunity to participate in an established multi-tenant retail environment with meaningful street frontage and established in-place tenancy. The asset’s multi-tenant format can be well-suited for operators looking for flexible leasing across multiple units, supported by the property’s straightforward access arrangement and prominent boulevard exposure.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $511.0k | $36.96 |
| − Vacancy | −$52.6k | −$3.81 |
| EGI | $458.3k | $33.15 |
| − OpEx | −$137.5k | −$9.95 |
| NOI | $320.8k | $23.21 |
Alternative Uses
Current Use by Public Records
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Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.44239
- Latitude
- 34.05598
