Westside

T.C. Macker PR releases

New Listing For Sale – Investor or Developer Opportunity – Three contiguous parcels of land located in West L.A.’s Palms neighborhood


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3424, 3428, and 3440 Motor Avenue are three (3) contiguous parcels comprising +/-36,864 square feet of developable land with +/-23,570 square feet of leased existing improvements for sale in Los Angeles’ Palms neighborhood.

Located within Los Angeles’ MU(EC) zone, the site offers in-place income that combine for a projected +/-$675,000 in annual net operating income (+/-$653,000 NOI for 2021). Investors can leverage the existing net cash flow while creating value through entitlement and development of the allowable development options under the Exposition Corridor Neighborhood Transit Plan. All leases include 3% annual increases and expire on December 31, 2023.

This is a rare opportunity to purchase a large transit-oriented, residential mixed-use development opportunity on Los Angeles’ Westside submarket. The location benefits from immediate proximity to the 10 and 405 Freeways, Palms Metro Expo Line Station, as well as proximity to major employers in the surrounding major tech, entertainment and media industries including Sony Pictures Entertainment, Amazon Studios, Apple, Fox Studios, and many more.

Download The Brochure Here

T.C. Macker PR releases

New Listing For Sale – Investor or Owner-User Opportunity – Creative Office, Medical Office, Traditional Office in prime Santa Monica, CA


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WESTMAC Commercial Brokerage Company is pleased to present the sale of 3011 and 3017 Santa Monica Boulevard Located along prime Santa Monica Boulevard. These are two adjacent properties comprised of +/-13,675 SF of buildings on +/-14,400 SF of land. 3011 Santa Monica Boulevard features a single-story medical office and a two-story triplex. 3017 Santa Monica Boulevard features a three-story office building that can accommodate single or multi-tenant occupancy and is currently leased to several small office tenants, a majority who are month-to-month. There is on-site parking and garages.

This is an excellent opportunity for an investor or owner-user looking for prime Santa Monica commercial real estate in one of Southern California’s premiere urban markets.

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T.C. Macker PR releases

New Listing For Sale – Investor Opportunity – Two story mixed use Commercial Building – All tenants are MTM – Located in the rarely traded Malibu, CA.


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WESTMAC Commercial Brokerage Company is pleased to present the sale of 21247 Pacific Coast Highway, a two-story +/- 6,830 square foot mixed-use on +/- 11,306 square feet of land.

All Tenants are MTM. This is an excellent opportunity for those looking for potential improvement of cash flow through redevelopment or well-suited for an owner-user seeking to position themselves in one of the most exclusive and rarely traded cities in the world.

Located on the North side of Pacific Coast Highway, the building sits on two (2) parcels and falls within Malibu’s Commercial Neighborhood (CN) zoning. The ground floor retail space is occupied by A&B Malibu Plumbing. The second floor has two (2) non-retail units that are currently being subleased to two (2) tenants. All tenants are month to month. The property is being sold in “AS-IS” condition.

Surrounded by some of the city’s most luxurious homes and iconic restaurants, 21247 Pacific Coast Highway sits at the pinnacle of real estate locale and desirability. The property is a short distance to the major intersection at Las Flores Canyon Rd and Pacific Coast Highway. Immediate area amenities include Country Kitchen, Malibu Divers, Mobil, La Costa Beach, and the iconic Duke’s Malibu.

Click Here to Download Property Brochure

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New Listing For Sale – Investor or Owner User Opportunity – Executive Office, Medical Office, Traditional Office in Santa Monica, CA


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WESTMAC Commercial Brokerage Company and Beitler Commercial Realty Services are pleased to present 1723 Cloverfield Boulevard, a rare trophy development, investment, or owner-user opportunity for sale in prime Santa Monica, CA.

The property is comprised of approximately 25,600 SF of office/light industrial building and surface parking lot with ongoing income on approximately 59,169 SF of land (per survey). The land is part of Santa Monica’s Bergamot Transit Village (BTV) zoning.

The property is leased for a 10-year term to a single tenant on a triple net (NNN) basis. Tenant is an accounting firm and uses the building as a company office. There is approximately 5.5 years remaining on their lease. Landlord has the right to cancel the current lease with one (1) year written notice.

Please download the Sale Teaser For More Information

Download Full Offering Memorandum at www.1723cloverfield.com

Read more: New Listing For Sale – Investor or Owner User Opportunity – Executive Office, Medical Office, Traditional Office in Santa Monica, CA

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New Listing For Sale – Owner User or Investor Opportunity – Retail Strip Center in Santa Monica, CA


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WESTMAC Commercial Brokerage Company is pleased to present the sale of 701-715 Pico Boulevard, a +/- 3,804 square foot retail strip located on +/- 5,110 square feet of land at the signalized NEC of 7th Street and Pico Boulevard in Santa Monica, California.

The property is currently occupied by three (3) tenants. All leases are month to month. This is an excellent opportunity for an owner-user or investor looking to purchase commercial property in highly-desirable Santa Monica.

The first class location is 0.5 miles from the Downtown Santa Monica Metro Expo Station at 4th and Colorado and easily accessible from all parts of Los Angeles via Pacific Coast Highway and the I-10 Freeway.

Click Here to Download Property Brochure

Commercial Real Estate, T.C. Macker PR releases

WESTMAC COMMERCIAL BROKERAGE COMPANY ARRANGES $12.5 MILLION SALE OF RETAIL STRIP CENTER IN SANTA MONICA, CA


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WESTMAC Commercial Brokerage Company has arranged the sale of 700 Santa Monica Boulevard in Santa Monica, CA for $12,500,000.

700 Santa Monica Boulevard, also known as 1407 7th Street, is a double parcel of land on the southeast corner of Santa Monica Boulevard and 7th Street. The sale was comprised of a 10,500 square foot retail strip center situated on approximately 15,000 square feet of land. The site is part of Santa Monica’s Downtown Community Plan and zoned Neighborhood Village, which can allow for mixed-use (retail and apartments), office, medical, restaurant, and other potential uses.

“Double lots like this are extremely rare in this location,” said Christian C. Holland.

The first-class location is in Downtown Santa Monica, blocks from world class shopping, dining, and entertainment including Third Street Promenade, Santa Monica Place, Palisades Park, and the Santa Monica Pier.

The property was sold off market to a developer and closed on February 3, 2022.

Christian C. Holland and T.C. Macker, CCIM of WESTMAC Commercial Brokerage Company were the transaction brokers on this sale.

700 Santa Monica Blvd.
Commercial Real Estate, T.C. Macker PR releases

WESTMAC COMMERCIAL BROKERAGE COMPANY ARRANGES $4.1 MILLION SALE OF MIXED USE IN PACIFIC PALISADES, CA


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WESTMAC Commercial Brokerage Company has arranged the sale of 15113 W. Sunset Boulevard in Pacific Palisades, CA for $4,100,000.

Rare retail/office building for sale in Pacific Palisades, CA. The property is comprised of a two-story ± 5,434 SF building on ± 4,498 SF of land and is occupied by multiple retail and small office tenants. The property was sold to an owner-user by a private seller and closed on December 22, 2021.

Positioned on iconic Sunset Boulevard across from the Ralph’s supermarket, 15113 W. Sunset Boulevard is in the heart of affluent Pacific Palisades, central to the area’s best shopping, dining, entertainment, and family-friendly activities, and is walking distance to Caruso’s Palisades Village.

“Properties rarely trade in Pacific Palisades,” said T.C. Macker, CCIM. “We received multiple offers and went into escrow very quickly,” he added.

T.C. Macker, CCIM and Jennifer Moscoso of WESTMAC Commercial Brokerage Company represented the Seller. Bradley Keyes of Keyes Real Estate represented the Buyer.

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New Listing For Sale – Redevelopment Opportunity in Santa Monica, CA


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WESTMAC Commercial Brokerage Company is pleased to present the opportunity to acquire, 1718 20th Street, a 14,480 square foot site featuring a two-story commercial building totaling approximately 7,762 square feet (per tax record) in Santa Monica, CA. The site gives way to a prime redevelopment opportunity with unmatched visibility and excellent access to transit, including the Metro Expo Line, Pacific Coast Highway and the 10 Freeway, in one of the most dynamic office and retail markets in the world. The property currently houses an auto body shop on the first level, four (4) office tenants occupying five (5) suites on the second level and plenty of parking for approximately twenty (20) vehicles.

There is tremendous flexibility for owner-users or savvy investors seeking to redevelop the site. The property falls under Santa Monica’s Industrial Conservation (IC) zoning and can accommodate a variety of uses ranging from creative office, media production and car dealerships to R&D, self-storage and 100% affordable housing. 1718 20th Street is a rare opportunity for buyers looking to position themselves in one of Southern California most iconic and prosperous locales for technology, entertainment, and media.

Asking Price: $14,000,000

Listed by Tobin McAndrews, T.C. Macker, CCIM and Jennifer Moscoso of WESTMAC Commercial Brokerage Company, |1515 S. Sepulveda Boulevard, Los Angeles, CA 90025 | Company DRE# 01096973 | http://www.westmac.com

CRE News, T.C. Macker PR releases

WESTMAC COMMERCIAL BROKERAGE COMPANY ARRANGES SALE OF TRIPLE NET LEASED RESTAURANT IN SANTA MONICA, CA


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PROPERTY CLOSED ON AUGUST 20, 2021

WESTMAC Commercial Brokerage Company has arranged the sale of 3221 Pico Boulevard in Santa Monica, California for $1,679,888.

An investor has purchased the 2,250 square foot single story restaurant building from a private Trust. The property is leased to a Vietnamese noodle bar, Viet Noodle. Cap rate was 5.6%.

“Once the mask mandate was lifted for indoor dining, the activity spiked and we garnered multiple offers shortly thereafter; and ultimately, selling to a 1031 exchange buyer,” said T.C. Macker, CCIM.

3221 Pico Boulevard is in an excellent Santa Monica location bordering West Los Angeles with easy access to the 10 and 405 freeways. The immediate area is home to a vibrant neighborhood full of pedestrian friendly sidewalks and plenty of walkable restaurants and retailers, including Trader Joes, Whole Foods 365, and The Upper West.

T.C. Macker, CCIM and Jennifer Moscoso of WESTMAC Commercial Brokerage Company represented the Seller. George Gross of Coldwell Banker Commercial NRT represented the Buyer.

Commercial Real Estate

New Listing For Sale – 6,900 SF of Multifamily Land in Brentwood – Development Opportunity


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Located between Kiowa Avenue and Goshen Avenue, 1115-1121 S. Westgate Avenue features two parcels totaling ±6,900 square feet of land in the highly desirable Brentwood neighborhood with [Q]R3-1 zoning. The lack of developable R3 and R4 zones in LA is one of the biggest roadblocks to constructing new apartments, making this an extraordinary opportunity for savvy developers looking to build multifamily housing development. The former building has been demolished and the lot currently sits vacant. The Seller has submitted plans based on by right development for a four (4) story, eight (8) unit apartment building with one (1) level of subterranean parking. Plans are pending.

The Property’s unbeatable Brentwood location is one of Los Angeles’s most desirable and sought after neighborhoods , combined with a high barriers to entry market, making this a rare development opportunity. The Property is located less than one mile from the VA Greater Los Angeles Healthcare System and has a high walk score of 86. It is also in close proximity to UCLA, Westwood, Santa Monica and The Pacific Palisades. The location provides easy access to both the 405 and 10 freeways and access to many of the best shopping, dining, and museums that Los Angeles has to offer.

Download the OM here

You can download development information and other available due diligence documents by going to www.WestgateDevelopmentOpportunity.com.