commercial properties for sale

Commercial Real Estate

Just Listed | For Sale | Two Retail/Creative Office Properties in West Hollywood


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TWO GENERATIONAL ASSETS | 6,622 SF ON 9,458 LOT | WEST HOLLYWOOD, CA

WESTMAC Commercial Brokerage Company is pleased to present the rare opportunity to acquire a 100% fee simple interest in 7990 & 7998 Santa Monica Boulevard (“the Offering”), two vacant legacy properties comprised of approximately 6,622 square feet of buildings on approximately 9,458 square feet of land in the epicenter of West Hollywood, California. On the market for the first time in approximately 50 years, both assets feature high ceilings with abundant light, flexible floor plans, and high visibility along major Santa Monica Boulevard.

The Offering consists of two (2) properties: 7990 Santa Monica Boulevard, a ± 1,740 square foot retail building featuring vaulted ceilings and flexible floor plan; and 7998 Santa Monica Boulevard, a ± 4,882 square foot retail/creative office building with high ceilings, floating mezzanine, rear parking lot, rooftop billboard, and coveted corner lot location along major Santa Monica Boulevard.​ Both properties are vacant.​ They are located one block east of Crescent Heights Boulevard on the south side of Santa Monica Boulevard, at the center of a broad range of retail and office amenities that make up the highly traveled, popular Santa Monica Boulevard district.​ The immediate area is surrounded by affluent neighborhoods, highly sought-after boutique shopping, and some of the most desirable entertainment destinations in the world.​

7990 & 7998 Santa Monica Boulevard is a unique opportunity for buyers to acquire two (2) flagship creative office/retail buildings in one of the hottest tenant submarkets in the nation. This is a great fit for an investor seeking immediate upside potential through the lease-up of the vacant buildings, or for an innovative owner user looking for a self-isolated environment or headquarters that can be transformed to adapt to an evolving climate amongst COVID-19.

Download Offering Memorandum here | Go to listing page here

Commercial Real Estate

Just Listed | +/-4,400 SF Office/Retail in Beverly Hills


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PREMIERE INVESTOR OR OWNER USER OFFICE BUILDING FOR SALE IN BEVERLY HILLS

110 N. Doheny Drive, a freestanding multi-tenant commercial building in coveted Beverly Hills. 110 N. Doheny Drive WESTMAC Commercial Brokerage Company is pleased to present the opportunity to purchase 110 N. Doheny Drive, a freestanding multi-tenant commercial building in coveted Beverly Hills. 110 N. Doheny Drive is comprised of approximately 4,400-square feet (per tax record) situated on approximately 5,750, square feet of land. 

The building is located just North of Wilshire Boulevard, on the East side of Doheny Drive. The property was built in 1952 and renovated in 2008. The property is zoned BHC3* and is located a short distance from the heavily traveled intersection of La Cienega Boulevard and Wilshire Boulevard, surrounded by high-end retail, five-star dining establishments, and luxury hotels. 

The building is currently being rented to a mix of office and retail tenants on short term leases. It can also be an ideal fit for a single tenant, or ideal owner user. The property is equipped with multiple big and small spaces, high 10′ foot ceilings with large skylights that provide an abundance of natural lighting, and parking at the rear of the building with room for approximately six (6) cars. Tenants also have access to a shared kitchen, meeting room and restrooms.

Download Offering Memorandum here | Go to listing page here

Commercial Real Estate, CRE News

New Listing For Sale in West LA | Multi-Tenant Retail & Office Building


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10507 W. Pico Boulevard is a recently renovated office/retail building comprised of approximately 5,772-rentable-square feet on approximately 4,633-square feet of land located one block West of Beverly Glen Boulevard in West Los Angeles.

The property is made up of 3 units: a retail unit currently leased to an optometrist (vacating on 4/30/2020) , a vacant retail unit previously leased to a restaurant, and a recently renovated, vacant second floor office unit which features a mezzanine level. The building recently underwent major capital improvements including new skylights, new balconies, and a new roof. There is a rear parking lot with room for approximately 5-7 cars, and ample of parking along the street and surrounding neighborhoods.

Built in 1981, the property offers tenants excellent visibility along Pico Boulevard, a major Los Angeles street that runs from the Pacific Ocean in Santa Monica to Central Avenue in Downtown Los Angeles. 10507 W. Pico Boulevard is close proximity to major amenities including shopping, dining, and entertainment, in addition to accessible transportation, and major area employers that includes Google’s future Silicon Beach headquarters at the former Westside Pavilion, UCLA in Westwood, and Fox Studios.

Click here to download property brochure: 10507 W Pico Blvd (v2)

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Commercial Real Estate, CRE News

For Sale or Lease | Rare Retail Center along San Vicente Blvd (Mid-Wilshire/Miracle Mile)


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5517 San Vicente Boulevard is a highly visible shopping center made up of an approximate 3,990-square foot building on approximately 9,553-square feet of land. The property includes a parking lot, available signage, and billboards.

Existing tenants are on month-to-month leases. Two income producing billboards on property.

5517 San Vicente Boulevard is located at the signalized corner of San Vicente Boulevard and Hauser Boulevard in Mid Wilshire. Manicured homes and multifamily units make up the quiet residential neighborhood that surrounds the immediate vicinity.

5517 San Vicente Boulevard is located blocks from Wilshire Boulevard in Miracle Mile, where the Petersen Automotive Museum and Los Angeles County Museum of Art (LACMA) draw hundreds of visitors a day.

Visit property website for more info and to download property brochure here.

Commercial Real Estate

New Listing – Golden Triangle Investment Opportunity


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WESTMAC Commercial Brokerage Company and Cushman & Wakefield, as Exclusive Agents, are pleased to present the opportunity to acquire 9701 South Santa Monica Boulevard (“Property”), located in the famed Golden Triangle of Beverly Hills on the northwest corner of South Santa Monica Boulevard and Roxbury Drive. The Property consists of a two story office over retail building and a lower level containing a total of approximately 18,094 square feet. The building is home to a variety of office tenants and offers the opportunity to improve cash flow through the lease up of prime ground floor retail space. With this being the first time on the market in over 60 years, 9701 South Santa Monica Boulevard represents a unique opportunity to acquire a generational investment that has excellent potential for income growth and for some buyers an excellent owner-user opportunity in one of the most desirable urban retail districts in the world.

ACCESS FULL OFFERING MEMORANDUM & DUE DILIGENCE AT WWW.9701SMB.COM (CA REQUIRED)

Watch property video here

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