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Property profile & analytics
OFF-MARKET Estimated value $9,780,000
Community centers

1460 Westwood Blvd Los Angeles, CA 90024-4975

16,604 SF 0.26 ac lot Built 1972
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-6522492
Property summary
AI-generated overview

This exceptional 5,796 square foot commercial property at 1460 Westwood Blvd in Los Angeles, CA 9024, offers a unique opportunity for multiple tenants. Located in Los Angeles County, this property boasts a prime corner location and is currently fully vacant, allowing for immediate occupancy. The space is adaptable to various uses, including retail, medical office, and creative office spaces, thanks to its versatile design and high-end finishes. The building features impressive 20-foot ceilings, adding to its spacious and modern feel. Individual spaces range from a minimum of 986 square feet to a maximum contiguous space of 4,810 square feet, providing flexibility for businesses of different sizes. Ample parking is available on-site. The property's classification includes retail, office, medical office, creative office, and strip center subtypes. This turnkey space is ready for immediate use, presenting a rare chance to establish a presence in a highly desirable Westwood location. The building's recent build-out ensures modern amenities and a sophisticated aesthetic.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1972
Construction STEEL FRAME
Total area 16,604 SF
Lot 0.26 ac (11,243 SF)
Zoning code LAC4
APN 4325-019-024
UPID US09-6522492
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • State Farm Insurance Insurance Agency
  • American Property Management Property Management Company
  • David Bibiyan - Employment Law Attorney Law Firm
  • DollarFlash Bank Credit Union
  • Edward Mizrahi, American Realty Group, Inc. Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$8.35M
CAP Approach CAP
$6.92M
Comparable Approach Comparable
$12.09M
Blend (final) Blend
$9.78M
Owner & transaction history
1460 Westwood LLC · 3 yrs held
1460 Westwood LLC
since 2023
Last sale
$10.7M
7 recorded transactions
2023
$10.7M
2016
Price N/A
2016
$7.2M
2012
Price N/A
2006
Price N/A
2005
$4.3M
1996
Price N/A
Zoning & alternative use
LAC4 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $13.7M +94.2%
Auto repair, garage $9.0M +28.4%
Office building $8.3M +18.5%
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