Two-Story Mixed-Use
For Sale
Contact for pricing
1386-1388 Westwood Blvd, Los Angeles, CA 90024
The property combines restaurant, salon, and professional office tenancy within a two-story commercial building.
Property Size7,530 SF
Lot Size0.15 Acres
Price / SF$630.15
Days on Market50
Property Features for 1386-1388 Westwood Blvd
General Information
Standard status
Active
Size
7,530 SF
Lot size
0.15 Acres
Property subtype
Mixed Use
Site & Location
Neighborhood
Westwood
Amenities
open-air courtyard
Building Details
Buildings
1
Stories
2
Building Size
7,530 SF
Tenancy
Multi
Listing Agency:
Kidder Mathews
Listed By:
Ryan Sharpe · License #CA 01940376
(310) 893-3397
Source:
Crexi
Added: Sep 9
Changed: Oct 25
Last Checked: Oct 28 at 6:38AM
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 Kidder Mathews
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Attari Plaza is a two-story mixed-use asset containing approximately 7,530 SF on an approximately 6,650 SF lot. The building includes about 3,715 SF of restaurant area with an open-air courtyard and approximately 4,022 SF of office space. Eight tenants occupy the property, including two restaurants, a salon, and professional office users.
Located at 1386-1388 Westwood Blvd in Los Angeles, the property sits in Persian Square, a retail and dining corridor. Its combination of food-service, office, and personal-service occupancy creates a varied commercial configuration within one building.
Located at 1386-1388 Westwood Blvd in Los Angeles, the property sits in Persian Square, a retail and dining corridor. Its combination of food-service, office, and personal-service occupancy creates a varied commercial configuration within one building.
Key Highlights
- Approximately 7,530 SF two‑story mixed‑use building
- Approximately 6,650 SF lot
- Approximately 3,715 SF of restaurant space with an open‑air courtyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$203,931
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,078,620
$4.1M
Cap Rate 7%
$2,913,300
$2.9M
Cap Rate 9%
$2,265,900
$2.3M
Market Conditions
NOI Build-Up for 7,530 SF
Gross rent
$278.3K $36.96/SF
− Vacancy
−$6.4K −$0.85/SF
EGI
$271.9K $36.11/SF
− OpEx
−$68.0K −$9.03/SF
NOI
$203.9K $27.08/SF
Area
Los Angeles, CA
Vacancy
2.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,078,620
Cap Rate 7%
$2,913,300
Cap Rate 9%
$2,265,900
Alternative Uses
Best Use
Specialty Retail
$2.91M
$2.55M – $3.40M
NOI $203,931 @ 7.0% cap · market cap 4.30%
Second Best
Office B
$2.55M
$2.23M – $2.98M
NOI $178,734 @ 7.0% cap · market cap 3.77%
Theoretical Best
Multifamily LT 5
$152.55M
$133.48M – $177.98M
NOI $10,678,730 @ 7.0% cap · market cap 225.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
6,993
Businesses Nearby
Explore this area
Business Placement
Demographics for 90024, CA
52,862
Population
20,304
Households
2.6
Avg Household Size
27
Median Age
74%
College-Educated
96%
High-School Grad
3.0 sq mi
ZIP Area
17,621
Density / Sq Mi
$79,994
Median Household Income
$16,453
Median Earnings
$2,666
Median Rent
$1,434,000
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines restaurant, salon, and professional office tenancy within a two-story commercial building.
Where is this mixed-use property located?
The property is located at 1386-1388 Westwood Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,745,000.
What are key features of this property?
This property features: Approximately 7,530 SF two‑story mixed‑use building; Approximately 6,650 SF lot; Approximately 3,715 SF of restaurant space with an open‑air courtyard
