West Los Angeles

Commercial Real Estate

Just Listed | 11699 San Vicente Boulevard | Brentwood Gas Station | Business & Real Estate


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WESTMAC Commercial Brokerage Company and Petroleum Realty Group are pleased to present the rare opportunity to purchase 11699 San Vicente Boulevard, a service station situated on a triangular lot at the northeast corner of San Vicente Boulevard and Barrington Avenue in Brentwood Village. The offering includes the service station, business currently operating as Conserv Fuel, along with the real estate.

11699 San Vicente Boulevard is comprised of twelve (12) fuel hoses under two (2) canopies and a ± 99 square foot payment booth and limited item C-Store, which are situated on 0.16 AC of land (± 7,098 SF per parcel map), zoned LAC1.5-1VL with a CUP for gas station use.

The owner of the subject property currently operates the fuel facility. The station has two (2) 20,000 gallon double walled fiberglass tanks that were installed in 2006. The tanks are split to carry four products, diesel, E-85, 91 and 87.

11699 San Vicente Boulevard is a rare opportunity to purchase a very profitable gas business at an easily accessible bustling 3-way intersection, with an additional opportunity to expand and add large C-Store on the site. The property comes with a clean phase one with attached “No Further Action” letters, allowing for potential future development opportunity on the land. The zoning allows for other uses including multifamily, retail and office (buyer to verify), all of which are in significant demand in this location.

See Offering Memorandum Here

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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, T.C. Macker PR releases

WESTMAC COMMERCIAL BROKERAGE COMPANY ARRANGES SALE OF COMMERCIAL BUILDING IN LOS ANGELES & CULVER CITY


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11452-11456 W Washington Boulevard, a multi-tenant commercial building, has sold for $2,385,000.

11452-11456 Washington Boulevard is comprised of one ± 5,248-square foot building on ± 6,500-square feet of land. The site features 50 feet of frontage along Washington Boulevard, three commercial units, one of which has a bow truss ceiling. The property, formerly occupied by artists, is located in Los Angeles and Culver City.

The front two commercial units were leased to a single tenant, art gallery, at the time of the sale, the rear unit was vacant.

“We were able to drive great interest for the property and ultimately sold at asking price to a 1031 exchange buyer” said T.C. Macker, CCIM.

T.C. Macker, CCIM and Jennifer Moscoso of WESTMAC Commercial Brokerage Company represented the Seller. Dan Pickart of Industry Partners represented the Buyer.

Commercial Real Estate, CRE News

New Listing For Sale: Multi-Unit Commercial Building on Washington Blvd


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WESTMAC Commercial Brokerage Company is pleased to present the opportunity to acquire 11452-11456 W. Washington Boulevard (“11456 Washington Boulevard”), a commercial building situated on the border of Los Angeles and Culver City.

The property is located on the south side of Washington Boulevard. The building is approximately 5,248-square feet (per tax record) and consists of three commercial units located on two parcels measuring approximately 6,500-square feet of land. A long driveway can accommodate approximately five stacked cars. One tenant occupies the front ground floor unit and the upstairs 2 bedroom-1 bath unit. They are on a month-to-month commercial lease (modified gross).

11456 Washington Boulevard offers excellent visibility along Washington Boulevard, a major thoroughfare which stretches from Culver City down to Marina Del Rey and Abbot Kinney Boulevard. The location is accessible to plenty of street parking and public transportation.

11456 Washington Boulevard is a unique opportunity for an investor or owner-user looking for prime commercial real estate in a great location with very limited supply.

PLEASE DO NOT DISTURB TENANT
THE PROPERTY IS BEING SOLD AS IS
ASKING PRICE IS $2,385,000 ($454/SF)

Download Full Property Brochure Here

Commercial Real Estate

New Listing – Retail Redevelopment | Development Opportunity on Wilshire


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12071 Wilshire Boulevard is a multi-tenant retail building along Wilshire Boulevard near the intersection of Bundy Drive. The approximately 5,400-square foot building consists of multiple mom and pop retail tenants. The site shares an easement with Ralph’s grocery store which provides access to the building’s parking lot for a total land size of approximately 6,600-square feet. The property can be developed into a six-story mixed-use building, or redeveloped retail – all current tenants are month to month.

For more info, brochure available for download here.

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Commercial Real Estate, T.C. Macker PR releases

COLDWELL BANKER COMMERCIAL WESTMAC ARRANGES SALE OF COMMERCIAL PROPERTY IN MAR VISTA


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12820 Venice Blvd
Los Angeles (Mar Vista), CA

Coldwell Banker Commercial WESTMAC has arranged the sale of 12820 Venice Boulevard for $1,275,000.

12820 Venice Boulevard, a commercial retail building near downtown Mar Vista, has sold for $645 price per square foot. The property consists of one single-story building, approximately 1,974-square feet on an estimated 4,721-square feet of land.

A private buyer purchased the property as owner-users and was able to secure 90% SBA financing. “The buyer recognized a unique opportunity to purchase prime commercial real estate that would give their business excellent visibility along Venice Boulevard,” said T.C. Macker, CCIM.

The area along Venice Boulevard is amenity rich, surrounded by dense residential, and is easily accessible to the 405 Freeway and Pacific Coast Highway.

T.C. Macker, CCIM and Brian R. Hart of Coldwell Banker Commercial WESTMAC represented Buyer and Seller.