1386 - 1388 Westwood Blvd. Los Angeles, CA 90024 | FOR SALE



For Sale

A 7,530 SF Mixed Use Retail & Office Building | 100% Occupied
Situated on a 6,598 SF C4-IVL-POD, TOC 3 Zoned Lot

Price - $4,700,000

Attari Plaza was built in 1931. This Spanish inspired design, centers around an open air courtyard that is home to the famous Attari Sandwich Shop. Attari has been at the start of the popularity of Persian shops and restaurants in Westwood for the past forty years. This area is officially recognized by the City of Los Angeles as Persian Square.

This area extends along Westwood Blvd from Wilshire Blvd south to Pico Blvd. This two story, mixed use building comprises about 3,750 square feet of retail and restaurant space located on the first floor.

The second floor has six tenants that occupy about 4,000 square feet. The second floor tenants have benefited from the popular restaurants foot traffic below. Historically the building has had high occupancy and is currently 100% occupied.

The property could continue as a leased investment or as an owner-user opportunity whereby the building has 53% of the tenants on a month to month tenancy. Westwood Village and UCLA are located a short distance from the Attari Plaza.

The new Metro Purple Line station at Wilshire and Westwood is anticipated to open in 2027 which will bring more foot traffic to the immediate area.


 

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