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Commercial Real Estate, CRE News

For Sale: Commercial Building with Billboard in Venice


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Coldwell Banker Commercial WESTMAC, as exclusive agent, is pleased to present the opportunity to purchase 428-436 Lincoln Boulevard. 428-436 Lincoln Boulevard is a commercial property situated along one of the most highly-traveled boulevards on the Westside. It is made up of approximately 3,485-square feet of land with a 1,580-square foot (buyer to verify), one-story building. The entire property is currently vacant. The property is located on a prime strip of Lincoln Boulevard that is frequently used by commuters and visitors traveling through Venice, and an ideal spot surrounded by walkable amenities, including Whole Foods, Smart & Final, CVS, California Chicken Cafe, Wurstkuche Restaurant, and many others.

428-436 Lincoln Boulevard is being offered for sale and includes a double-sided billboard. The building is currently vacant, and the billboard has a lease in place. 428-436 Lincoln Boulevard is 1.5 miles to Venice Beach and the famous Venice Beach Boardwalk, which draws thousands of visitors on a daily basis.

Get the property brochure here.

 

Commercial Real Estate, T.C. Macker PR releases

COLDWELL BANKER COMMERCIAL WESTMAC ARRANGES $1.7 MILLION SALE OF PLAYA VISTA OFFICE BUILDING


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Coldwell Banker Commercial WESTMAC has arranged the sale of 5560 S. Centinela Avenue in the Playa Vista neighborhood of Los Angeles for $1,700,000.

The 2,134-square foot office building near the corner of Jefferson Boulevard and S. Centinela Avenue has sold to a private buyer for approximately $796 per square foot. The 5,027-square foot lot is minutes from The Brickyard, The Runway, Spruce Goose Hangar and many other major Playa Vista developments.

“Playa Vista is a hotbed for creative and tech industries and has quickly become one of the area’s most sought after neighborhoods,” said T.C. Macker, CCIM. “The buyer saw a great opportunity and purchased the property “As Is.’”

T.C. Macker, CCIM of Coldwell Banker Commercial WESTMAC represented the Seller. Todd Masser of Coldwell Banker Commercial NRT represented the Buyer.

Commercial Real Estate, T.C. Macker PR releases

JUST SOLD IN BEVERLY HILLS


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Coldwell Banker Commercial WESTMAC has arranged the sale of 215 S. La Cienega Boulevard in Beverly Hills for $9,250,000.

Located near the corner of Wilshire and La Cienega, 215 S. La Cienega Boulevard has sold for approximately $719 per square foot. The sleek ± 12,857-square foot building consists of three-floors of create space that includes a combination of various, retail, medical and office tenants. The property rests on ± 11,000-square feet of land and was purchased by a private buyer.

“We had a lot of interested parties that were attracted to the property’s unbeatable location, unmatched exposure, and proximity to ample amenities,” said T.C. Macker, CCIM.

T.C. Macker, CCIM of Coldwell Banker Commercial WESTMAC represented the Seller. Elias Donay of Universal Capital Investments represented the Buyer.

Commercial Real Estate

For Sale in Santa Monica – Commercial Building & Residential Bungalow


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Coldwell Banker Commercial WESTMAC, as exclusive agents, are pleased to present for sale or lease, 1820 Broadway. 1820 Broadway consists of two freestanding buildings – a highly visible, approximately 2,500-square foot, modernly designed commercial building that can cater to a wide range of uses including retail, office, creative, and entertainment purposes, and a separate single-family residential cottage made up of approximately 625-square feet. The offering totals about 3,125-square feet on approximately 5,000-square feet of land. The entire property is currently vacant.

1820 Broadway is located one block south of Santa Monica Boulevard, at the southeast corner of Broadway and 18th Court. The property fits seamless among the Broadway corridor made up of aesthetically upgraded and well-maintained buildings that house various retailers, offices, restaurants and entertainment companies. Manicured homes and multifamily units make up the quiet residential neighborhood that surrounds the immediate vicinity. 1820 Broadway is located less than 1.5 miles from Downtown Santa Monica and popular tourist destinations that draws thousands of visitors on a daily basis.

You can get the property brochure here.

 

Commercial Real Estate, T.C. Macker PR releases

Just Sold – 11669 Santa Monica Blvd in West LA


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COLDWELL BANKER COMMERCIAL WESTMAC ARRANGES $4.7 MILLION SALE OF MEDICAL-OFFICE BUILDING IN WEST LOS ANGELES, CA

Los Angeles – Coldwell Banker Commercial WESTMAC has arranged the sale of 11669 Santa Monica Boulevard in West Los Angeles for $4,700,000.

A private seller has sold the ± 7,658-square foot medical-office building for approximately $613 per square foot. Located near the corner of Santa Monica Boulevard and S. Barrington Avenue, the highly-visible property occupies ± 8,028-square feet of land. The property sold to an owner-user dermatologist group.

“We have multiple offers on the property,” T.C. Macker, CCIM said. “Ultimately we found the perfect owner-user buyer.”

T.C. Macker, CCIM of Coldwell Banker Commercial WESTMAC and Brian Hatkoff of Hatkoff Investments represented both the Buyer and Seller.

Commercial Real Estate

For Sale – Multi-Tenant Creative Offices near Abbot Kinney Blvd & the beach


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New Listing – A modernized multi-tenant creative office and retail building located at 3007 Washington Blvd is for sale. The property is approximately 11,312 SF on approximately 9,904 SF of land. The building is home to a number of creative offices and retail tenants, and  has recently undergone extensive remodel. The property is located blocks from Abbot Kinney Boulevard, less than one mile from the beach.

For more information, you can download the property brochure HERE.

Commercial Real Estate

For Sale in Beverly Hills – Commercial Building on Robertson Blvd


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New Listing – Located along Robertson Blvd near the corner of Wilshire Blvd is 153-155 S. Robertson, a ± 2,623 square feet commercial building in Beverly Hills. The property is being offered For Sale and vacant. The property is an excellent opportunity for those looking to purchase commercial real estate in a prime retail and office market in Beverly Hills.

For more information, you can download the property brochure HERE.

Commercial Real Estate

New Listing in West LA: Office/Medical with Billboards Along Santa Monica Blvd


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11669 Santa Monica Boulevard is a unique opportunity for an investor or owner-user looking for a prime medical office building in one of the most desirable urban office and retail markets in the world. Located along the north side of the famous Santa Monica Boulevard one-half block east of South Barrington Avenue, the property consists of a ±7,658-square feet two-story building approximately on ±8,028-square feet of land. The city allows ±1,846 square feet of the building for medical space use. Two billboards on the roof allow for additional income or personal use, while a spacious open-air parking lot located behind the building. 11669 Santa Monica Boulevard is surrounded by various retailers and restaurants with access to plenty of street parking and public transportation.

Find property information and download the property brochure here: 11669 Santa Monica Boulevard

Commercial Real Estate, T.C. Macker PR releases

COLDWELL BANKER COMMERCIAL WESTMAC ARRANGES $7 MILLION SALE OF COMMERCIAL PROPERTY IN WEST LOS ANGELES, CA


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Coldwell Banker Commercial WESTMAC has arranged the sale of 2435 Military Avenue in West Los Angeles for $7,000,000.

A private seller has sold a ±12,336-square foot two-story creative office building located near the corner of Military Avenue and Pico Boulevard. The property sits on ±18,600-square feet of land and was formerly occupied by a reprographics company.

“The property was purchased by 1031-exchange Buyer,” said T.C. Macker, CCIM.

T.C. Macker, CCIM of Coldwell Banker Commercial WESTMAC, Michael Mikail and Joe Babajian of Rodeo Realty represented both the Seller and Buyer.