Property profile

10930 Weyburn Ave Los Angeles, CA 90024

FOR LEASE
Turn key restaurants
Property ID
US10-0509805
3,200 SF 0.09 ac lot Built 1940
Entity Owned 6-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional retail and restaurant property, located at 10930 Weyburn Ave, Los Angeles, CA 90024, presents a rare opportunity in the heart of Westwood Village. The property boasts a prime corner location at the intersection of Broxton Ave and Weyburn Ave, offering unparalleled street visibility and accessibility. Comprising two buildings totaling 15,035 square feet, this 0.34-acre site features 12 suites, with a minimum divisible space of 608 square feet and a maximum contiguous space of 7,222 square feet. Built in 1934, the two-story structure is zoned LAC4 and benefits from its proximity to UCLA and Ronald Reagan UCLA Medical Center, as well as legendary landmarks like the Regency Fox and Bruin Theatres. The property enjoys a strong tenant mix, including national brands such as Whole Foods, Starbucks, Target, In-N-Out Burger, Chick-fil-A, Sweetgreen, Tocaya Organica, CVS, and California Pizza Kitchen. The addition of Raising Cane's further solidifies this corner as the epicenter of Westwood Village. This high-profile location offers exceptional demographics and significant foot traffic, making it an ideal investment for discerning businesses seeking a prominent presence in one of Los Angeles' most desirable neighborhoods. The property's APN is 4363-018-019, 4363-018-020.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1940
Construction TILT-UP CONCRETE
Total area 3,200 SF
Lot 0.09 ac (3,999 SF)
Zoning code LAC4
APN 4363-018-019
UPID US10-0509805

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Student Housing Center
  • (Bike/Boat/Book/etc) Store
  • General Contractor
  • Spa & Massage Center Skin Care Clinic
  • Hair Salon Nail Salon

Location

10930 Weyburn Ave Los Angeles, CA 90024
Los Angeles metro Census 265204 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.67M
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.47M
Blend (final) Blend
$4.75M

Owner & transaction history

since 2020
Last sale
$4.5M
7 recorded transactions
2020
$4.5M
2013
Price N/A
2003
Price N/A
1996
Price N/A
1993
Price N/A
1993
$1.2M
1989
Price N/A

Zoning & alternative use

LAC4 · Los Angeles, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message