Property profile

2313 Westwood Blvd Unit Los Angeles Los Angeles, CA 90015

FOR LEASE
Other investment properties
Property ID
US09-7289619
5,400 SF 0.16 ac lot Built 1949
Entity Owned 22-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Retail/office space in a storefront building located on Westwood Blvd between Olympic Blvd and Pico Blvd, with approximately 1,680 square feet of interior area. The unit was recently remodeled with new interior paint, wood flooring, updated ceiling and doors, and installation of a new handicap-accessible bathroom; it is served with new lighting and includes heating and air conditioning. The space has high ceilings and includes a glass window/showroom along the front. Parking is provided via gated parking and front parking areas, and on-site signage options include a street sign and potential billboard signage. The space is positioned for commercial visibility along Westwood Blvd near major retail and dining centers and is also near the 405 Freeway; the surrounding area includes proximity to Beverly Hills, Century City, Santa Monica, and UCLA. The configuration supports retail/office uses and has historical use as a spa, salon, yoga studio, massage center, chiropractic office, herbal shop, and facial spa.

Property profile

Verified
Property type Other investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1949
Construction WOOD
Total area 5,400 SF
Lot 0.16 ac (6,757 SF)
Zoning code LAC4
APN 4322-003-020
UPID US09-7289619

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
  • Alternative Medicine Practice Acupuncture
  • Spa & Massage Center Skin Care Clinic
  • Alternative Medicine Practice Acupuncture
  • Association Or Organization
  • High School

Location

2313 Westwood Blvd Unit Los Angeles Los Angeles, CA 90015
Los Angeles metro Census 267800 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$1.04M

Owner & transaction history

since 2004
7 recorded transactions
2016
Price N/A
2004
Price N/A
2001
Price N/A
2000
$458,500
1992
$134,000
1969
Price N/A
1969
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
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