1386 Westwood Blvd Los Angeles, CA 90024-4980
Property profile & analytics
1386 Westwood Blvd Los Angeles, CA 90024-4980
- Investment properties
- 7,530 SF
- 0.16 lot acres
Property ID
US09-7496934
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- La Table de Sophie / Bar & Pub
- Le Bar de Simon / Bar & Pub
Property Details for 1386 Westwood Blvd
- Year built
- 1931
- Construction
- WOOD
- Lot size
- 0.16 lot acres
- Property size
- 7,530 SF
- Zone code
- LAC4
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 4325-016-005
- APU
- 4325016005
Description
This exceptional 2,231 square foot retail space, currently entirely vacant, presents a unique opportunity in the heart of Los Angeles' Westwood neighborhood. The property, located at 1386 Westwood Boulevard, boasts a highly desirable location at the signalized intersection of Westwood Boulevard and Wilkins Avenue, experiencing approximately 35,000 cars per day. This ensures exceptional visibility and accessibility for any business. The space is categorized as both retail and office, offering flexibility for a variety of uses. One unit of 710 square feet is immediately available on the second floor. The property benefits from its proximity to Westwood Village, Westfield Century City, UCLA, and the 405 Freeway, providing convenient access to a large and diverse customer base. The area is characterized by strong foot and automotive traffic, and a densely populated, affluent demographic, making it an ideal location for businesses seeking high visibility and a strong customer base. The building's total square footage is 2,231 square feet, all of which is currently available for lease. This presents a rare opportunity to secure a significant presence in a highly sought-after area of Los Angeles. The property is situated in Los Angeles, California, zip code 90024.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,005,000
- ML approach
- $3,795,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,540,000
- 6.5%
- $2,345,000
- 7%
- $2,180,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,081,000
Market price range: $963k - $3.79M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $2,255,000 Current use
- AUTO REPAIR, GARAGE
- $4,095,000 Change: +81% Conversion: Difficult
- OFFICE BUILDING
- $3,780,000 Change: +68% Conversion: Easy
- MEDICAL BUILDING
- $3,430,000 Change: +52% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $3,190,000 Change: +41% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $3,135,000 Change: +39% Conversion: Moderate
- RETAIL STORES
- $3,090,000 Change: +37% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.442
- Latitude
- 34.0556
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$47,754
$3,000,000
$900,000
$3,900,000
-
$0.00
$0.00
$0.00
