commercial properties for sale

Commercial Real Estate

For Sale – Landmark West L.A. Gas Station – Corner Mobil


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WESTMAC Commercial Brokerage Company and Petroleum Realty Group are pleased to present the rare opportunity to purchase 1660 S. Sepulveda Boulevard, a service station situated at the northeast corner of Santa Monica Boulevard and S. Sepulveda Boulevard in West Los Angeles. The Station has been a landmark for many years and features the very popular deli & grill called The Corner Deli & Grill. The offering includes the service station, business currently operating as Mobil with more than fourteen (14) years left on the fuel agreement, along with the real estate.

1660 S. Sepulveda Boulevard is comprised of twelve (12) fuel hoses under one (1) canopy, a ± 1,400 square foot C-Store that includes ATM and Bitcoin machines and the much-loved local favorite, The Corner Deli & Grill. There is an income producing billboard located on the property which ownership owns the right away, not the sign. The billboard has a ten (10) year effective NNN lease from 2019. Current rent is $46,200, increase to $48,600 in 2023 and $52,600 in 2026. In addition ownership gets a profit share of 35% of annual adjusted gross advertising revenue. All are situated on approximately 10,466 square feet of land. The land is zoned [Q]C2-1VL-O with a TOC Tier 2 overlay.

The station has four (4) double-walled 10,000 gallon tanks and four (4) new Wayne Ovation 2 Series MPD’s with a Gilbarco Passport POS. The station serves Regular Unleaded, Extra Unleaded, Super Unleaded and Diesel. All pumps have been updated and are EMV compliant.

1660 S. Sepulveda Boulevard is a rare opportunity to purchase a very profitable gas business at a major signalized intersection with no corner competition and easy access to the 405 Freeway. The property comes with a clean phase two. This is an excellent opportunity to purchase a trophy investment in prime West Los Angeles, CA.

Cilck Here to Download Flyer. Go to CornerMobil.com to Download Full Offering Memorandum.

Commercial Real Estate, CRE News

For Sale – Santa Monica – STNL – 4.96% Cap


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WESTMAC Commercial Brokerage Company is proud to present the sale of 3221 Pico Boulevard, a highly visible single-tenant net-leased commercial restaurant located in Santa Monica, one of Los Angeles’s most exciting neighborhoods for food, culture and entertainment. 3221 Pico Boulevard is a 2,250 square foot single tenant commercial building situated on approximately 2,500 square feet. It was built in 1952 and part of Santa Monica’s Neighborhood Commercial (NC) zone.

3221 Pico Boulevard is nestled along the heavily-traveled Pico Boulevard, surrounded by an amenity rich area walking distance from its doors. It is currently leased to a restaurant tenant. The lease is triple net (NNN) providing for zero to very minimal landlord responsibilities. The monthly triple net (NNN) rent is currently $7827.70 with CPI adjustments each February 1. The triple net charges are approximately $1,036 per month. The current lease expires January 31, 2025.

The property is strategically located in an excellent Santa Monica location bordering West Los Angeles, Westwood, Brentwood, Mar Vista, Venice and Pacific Palisades are adjoining neighbors with easy access to the 10 and 405 freeways. Walkable amenities include Trader Joe’s, Whole Foods Market 365, UnUrban Coffee House, Chase Bank, Rejuice, Crossfit Reflex, The Upper West, Valentino, and many more!

Click Here to Download Offering Memorandum

Commercial Real Estate

New Listing For Sale or Lease – +/- 5,465 SF Prime West L.A. Owner-User or Investor Opportunity (Brentwood Submarket)


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WESTMAC Commercial Brokerage Company is pleased to present the opportunity to purchase or lease 11954-11960 Wilshire Boulevard, a two-unit, approximately 5,465 square foot commercial building located on approximately 5,480 square feet of land in premiere West Los Angeles. This is an ideal opportunity for a buyer or tenant looking for prime storefront retail or office space in the highly coveted Brentwood submarket of Los Angeles, CA.


Built in 1936, 11954-11960 Wilshire Boulevard features two (2) commercial units zoned [Q]C2-1L-CDO. 11954 Wilshire Boulevard is approximately 3,465 square feet of highly improved space ideal for retail, office, or showroom space. It is currently vacant. 11960 Wilshire Boulevard is approximately 2,000 square feet occupied by Sparky’s Grooming. Sparky’s has been a tenant since 2006 and is currently on a 3-year term NNN lease expiring July 31, 2023.


The property is well located along Wilshire Boulevard, where over 45,000 cars travel each day (per LA Traffic Department). This prime location benefits from the dense, high-earning demographic that resides in the area, and offers access to the highly affluent neighborhoods of Brentwood, Westwood, and Santa Monica. The property is directly across from ample amenities including: Ross Dress for Less, CVS, Jamba Juice, Rubio’s, Fatburger, and many more. The property offers easy access to the 405 freeway and is less than a 15-minute drive (3 miles) to Downtown Santa Monica.

Download Offering Memorandum here

Commercial Real Estate

New Listing For Sale or Lease – Premier +/- 5,828 SF Creative Office/Retail in Westwood (Los Angeles)


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WESTMAC Commercial Brokerage Company is pleased to present the opportunity to acquire or lease 1611-1615 Westwood Boulevard (“1615 Westwood Boulevard”), a beautifully designed ± 5,828 square foot (per tax record) two-story, modern creative office building featuring atrium-style skylight and large glass paned windows overlooking Westwood Boulevard. It is situated on ± 3,600 square feet of land along the pedestrian-friendly streets of Westwood, a highly coveted commercial and residential neighborhood in the northern central portion of the Westside region of Los Angeles, California.

1615 Westwood Boulevard is located south of major Wilshire Boulevard and two blocks north of Santa Monica Boulevard. The building was built in 1948 and remodeled in 2006. The ground floor currently features six (6) pocket offices, two (2) larger office spaces, reception area and small meeting room. It was previously leased to a legal recruiting center and is currently vacant. The second floor is composed of a lobby, common area, meeting room and various suites that can be used by a single user or divided into a multitude of single suites. There is currently one active lease that will be vacating at the end of May 2021. There are three (3) parking spaces behind the building and plenty of metered street parking along Westwood Boulevard.

The property’s location in the heart of Westwood offers close proximity to one of the country’s most influential and successful universities, UCLA. It is also walking distance to Westwood Village, a popular shopping, dining and nightlife locale for students, tourists, and locals. It is also close to the 405 Freeway and the former Westside Pavilion, which will be the future site of Google offices in 2022.

1615 Westwood Boulevard provides the opportunity for an owner-user or investor to acquire the ideal COVID friendly office location or headquarters.

Download Offering Memorandun here

Commercial Real Estate

New Listing |For Sale | Gardena NNN Industrial Investment Opportunity | Government Credit


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WESTMAC Commercial Brokerage Company is pleased to present the opportunity to acquire 400 W Rosecrans Avenue in West Rancho Dominguez (Gardena). 400 W Rosecrans Avenue is situated on one parcel, zoned LACM2, comprising of a single-tenant one-story commercial building approximately 24,698-square feet. The total land size is approximately 43,996-square feet (± 1 acre). There are approximately fifty-one [51] spaces in the parking lot. The tenant’s business is supportive housing services, DBA Los Angeles Homeless Services Authority. The recently signed lease expires September 30, 2026. The monthly triple net (NNN) rent is currently about $23.403.82 with 3% increases each October 1st. Located within unincorporated Los Angeles County, 400 W Rosecrans Avenue is close to the 110 Freeway, the Port of Los Angeles, and Los Angeles International Airport.

400 W Rosecrans Avenue offers investors ease of management and stable cash flow with a very strong government tenant paying all expenses and requiring no landlord responsibilities.

This industrial property provides a great investment opportunity as industrial rents are projected to grow over 41% over next 5 years according to CBRE Market Research Report Q2 2020. 400 W Rosecrans is the perfect 1031 property in very tightly constrained market.

The unbeatable location is easily accessible by public transportation. Gardena’s neighboring cities include Torrance, Lawndale, Hawthorne, Redondo Beach and Carson. With strong growth projected and a focus on two major Development Corridors (the Artesia and Rosecrans Corridor), Gardena is an ideal location that offers businesses a competitive advantage. Consumer spending surveys demonstrate $2.3 and $3 billion for each of the Development Corridors and major city arterials.

Download Offer Memorandum here for more information.

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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