2245-2251 Westwood Blvd., Los Angeles, CA 90064
Description
Maher Commercial Realty presents a unique mixed-use investment opportunity in the heart of Westwood’s bustling commercial corridor. Located just one block from the new 700,000 SF UCLA Science Research Park, this 4,400 SF property benefits from exceptional visibility at the high-traffic intersection of Olympic Blvd and Westwood Blvd and is shadow anchored by a vibrant shopping center featuring Starbucks, Jersey Mike’s, and Poquito Mas. The site features two separate structures comprising two retail units (±950 SF each) and four office units, currently generating $18,871/month in gross rent. With long-term stable tenants in place, the property sits on a 5,405 SF lot (0.12 AC) zoned LAC4, offering flexibility for continued retail and office use or future redevelopment in one of Los Angeles’ most desirable submarkets. With direct Westwood Boulevard frontage, the location boasts a Walk Score of 90+ and is just five minutes from UCLA, ensuring consistent foot traffic. The property also includes 10 parking spaces—five standard and five tandem—and is anchored by long-term, stable tenants.
KEY POINTS
• 4,400 SF mixed-use (2 retail + 4 office) on 5,405 SF lot.
• $18,871/month gross rent.
• LAC4 zoning – Retail/office today, redevelopment optionality tomorrow.
• Shadow anchored by Starbucks, Jersey Mike’s, and Poquito Mas shopping center.
• Visibility from the signalized intersection of Olympic Blvd & Westwood Blvd.
• Long-term stable tenants in place.
• Westwood Blvd frontage – Walk Score 90+, 5 mins to UCLA.
• 10 parking spaces (5 standard + 5 tandem)
POSITIONING:
A cash-flowing asset with value-add upside in the center of LA’s most resilient submarkets. Subject property is located between the main UCLA campus and its $500-million investment into a new 700,000 SF research park at the former Westside Pavilion site.
• Investors seeking stable retail + office income.
• Developers eyeing Westwood’s mixed-use potential.
• Owner-Users wanting a foothold near UCLA.
Property Features:
- List Price: $3,699,000
- Building Size: 4,400 Sq.Ft.
- Lot Size: 5,405 Sq.Ft.
- Price Per Sq.Ft.: $840.68
- Unit Mix: 2 Retail Units, 4 Office Units
- Cap Rate: 5.40%
- NOI: $199,917
Address
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Address 2245 Westwood Blvd., Los Angeles, CA
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Country United States
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Postal code/ZIP 90064
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Contact
Oron Maher
Property Agent
Oron Maher is a leading commercial real estate veteran and the founder of Maher Commercial Realty, a Beverly Hills-based brokerage specializing in investment sales and leasing transactions across all property types within the Greater Los Angeles Area. With nearly two decades of experience representing high-profile buyers and sellers in the region, including major institutions and REITS, private family offices and individual investors, Oron has arranged over a billion dollars in transactions throughout his career and brings a wealth of knowledge, expertise and an unmatched level of client service to the Greater L.A. market. Oron Maher’s firm’s approach includes a customized approach to each opportunity in order to highlight its unique value, leading to record-breaking sales and long-term client relationships. Prior to launching his firm, Oron served as a broker and national sales leader for BRC Advisors. Prior to that, he spent nine years at Coldwell Banker Commercial, where he oversaw a team ranked in the top one percent of commercial brokers in the nation within the Coldwell network. Oron’s extensive experience as a former real estate attorney, investor, developer and community leader has fortified his work in building a successful brokerage in Los Angeles. Oron Maher holds a bachelor’s degree in business management from California State University, Long Beach and a juris doctorate from the San Francisco Law School. Oron’s entrepreneurial approach to Maher Commercial Realty blends his deep knowledge of the industry with a versatile skillset to secure optimal results across the board. An active community member, Oron has served on more than two dozen non-profit and for-profit boards and chaired the real estate section of the Beverly Hills Bar Association. His passion for giving back and empowering young adults and aspiring businesspeople through mentorship, networking and education led Oron to co-create The Maher Foundation, a nine-month fellowship program which provides development opportunities to recent graduates. BRE#01299093