$3,550,000
$3,750,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
3,863 Sqft Lot
SOLD DATE : 03/18/2024
Key Details
Sold Price $3,550,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SW23223984
Sold Date 03/18/24
HOA Y/N No
Year Built 1942
Lot Size 3,863 Sqft
Property Description
Welcome to an exceptional opportunity to acquire a prominent commercial property, for sale for the first time in decades, located in the heart of bustling Westwood Village. This impressive building offers an ideal investment for businesses seeking a strategic location amidst the city's thriving economic center.
**Property Features:**
- **Location:** Strategically situated in the vibrant heart of the city, directly next to UCLA, offering high visibility and accessibility.
- **Space:** 3861 square feet of versatile space spread across 2 floors, might be eligible for 3, adaptable to various business needs.
- **Modern Architecture:** A contemporary design that boasts a 8 set of glass sliding doors and an inviting facade, providing an impressive corporate image.
- **Accessibility:** Convenient access to major transportation hubs, public transit, and key arterial roads, ensuring ease of commuting for employees and customers alike.
- **Surrounding Area:** On same block as Starbucks, BJ’s pizza, and iconic movie theatres. Within close proximity to renowned business establishments, dining options, entertainment venues, and other amenities, fostering a vibrant work-life balance for employees.
**Ideal for:**
- Corporate headquarters
- Financial institutions
- Technology firms
- Professional services
- Educational institutions
- And various other commercial ventures
**Investment Potential:**
This prime commercial building presents an unparalleled investment opportunity, offering a solid foundation for long-term growth and prosperity. With its strategic location and modern infrastructure, it promises a lucrative return on investment and a prestigious platform for business success. Currently has one tenant that is month to month, but is willing to sign a multi-year lease. The unit is 20% of total building space. Previous tenant for majority of building was there for 20 years @$21000 per month.
**Schedule a Viewing:**
Don't miss out on this extraordinary chance to own a premier commercial property in the heart of Westwood Village. Contact us today to schedule a private viewing and explore the endless possibilities this remarkable building has to offer for your business aspirations.
Broker and Broker's Agents do not represent or guarantee square footage, parking/ bathroom count, lot size, lot dimensions, permitted or un-permitted space, renovations, or other information concerning the conditions and features of the property.
Location
State CA
County Los Angeles
Area C05 - Westwood - Century City
Interior
Fireplace No
Laundry None
Exterior
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Building
Lot Description 0-1 Unit/Acre, Near Public Transit, Street Level, Walkstreet
Story 2
Water Public
Others
Tax ID 4363017012
Acceptable Financing Submit
Listing Terms Submit
Financing Cash
Special Listing Condition Standard
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Bought with Axel Erickson • District Realty Group