Commercial property
Listing Agent: Martins Leikarts (DRE #01706309) · Listing Office: RE/MAX Estate Properties · Contact: 310-717-7577 · Bought with: Robert Bruni · KW Advisors · MLS #SB22256915 · Source: CRMLS
• OWNER USER / INVESTOR / RETAIL / VALUE ADD OPPORTUNITY • PRIME WEST LA LOCATION ON PICO BETWEEN WESTWOOD AND OVERLAND • ACROSS THE STREET FROM ONE WESTSIDE (GOOGLE OFFICE HUB)— A 584,000-SQUARE-FOOT CLASS A URBAN CREATIVE OFFICE CAMPUS SCHEDULED TO OPEN Q2 2023. GOOGLE HAS SIGNED A 14-YEAR LEASE FOR THE ENTIRETY OF THE FORMER SHOPPING MALL AT 10800 PICO BOULEVARD. • CENTRALLY LOCATED IN WEST LA, ADJACENT TO CHEVIOT HILLS, RANCHO PARK AND CLOSE TO CENTURY CITY, WESTWOOD, CULVER CITY, SANTA MONICA, MAR VISTA, BRENTWOOD AND BEVERLY HILLS. • PERFECT OWNER-USER OPPORTUNITY. • CURRENTLY 100% TENANT OCCUPIED • LONG TERM ESTABLISHED TENANTS WITH NO TERM LEASES (ALL TENANTS MONTH-TO-MONTH) • 3 SIMILAR SIZE RETAIL UNITS • CITY PARKING LOT ACROSS THE ALLEY AND METERED STREET PARKING • EASY ACCESS (0.5MILES) TO THE EXPO LINE LIGHT RAIL’S WESTWOOD/RANCHO PARK STATION • HIGH TRAFFIC COUNT • CLOSE PROXIMITY TO 10 AND 405 FREEWAYS.
Listing description from the May 2023 sale, as reported to CRMLS.