WESTMAC Commercial Brokerage Company and Beitler Commercial Realty Services are pleased to offer the opportunity to acquire 1001 Broxton Avenue, a +/- 16,256 square foot multi-tenant commercial building situated on +/- 9,829 square feet of LAC4 zoned land in Westwood Village, adjacent to the UCLA campus. This is a trophy location with a proven track record of success; California Pizza Kitchen has been a tenant for 25 years. The building is home to both office and retail tenants.
This iconic property is prominently situated at the intersection of Broxton Avenue and Weyburn, a corner that is buzzing with foot traffic. Two famous movie theaters sit right across the street—The Regency Bruin Theater and The Regency Village theater—both of which regularly host movie premiers. The surrounding area is packed with bars, restaurants, coffee shops, and more, including a weekly Thursday farmers’ market on Broxton Avenue, steps from the property.
The building was built in 1931 and designed by architects Alvan Norstrom and Milton Anderson, whose noteworthy designs can be found throughout Los Angeles, Santa Monica, and Pasadena. The ground floor currently comprises California Pizza Kitchen, as well as Brandy Melville and Image Wireless Inc. The second floor offices contain 16 suites, many rented out to short term tenants. The vacant units are bright and comfortable with large windows that offer excellent views of Westwood Village.
1001 Broxton has incredible potential for investment buyers who are looking for a rare opportunity to own a pre-eminant property in one of Los Angeles’s most desirable neighborhoods.