Westside Development For Sale: TOC 3 or State Density Bonus
2266-2274 Westwood Boulevard
Los Angeles, CA 90064
Highlights
- Employment drives value and this is an employment-dense area: Google, UCLA Health, Fox Studios, Riot Games, CAA, etc.
- Highly connected via two metro stops, two major freeways, the corridors and bus routes of Olympic, Santa Monica, and Wilshire, and a bike lane on Westwood.
- Deep shortage of units in the area with strong area demand and rising rents
Description
Unique opportunity to purchase two contiguous commercial lots suitable for market rate or affordable or a combination of units. The opportunity is presented unpriced. Dataroom includes extensive plans, an ALTA land survey, a "clean" phase, and more.
The Property is located in the heart of Los Angeles' entertainment, technology, video gaming, health care, and educational employers. (see major employers map). On Westwood Boulevard near Tennessee Avenue, the property is one block from Pico Boulevard and the new 584,000sf West LA Google campus. To the north is the amenity-rich Westwood Village, and to the west is the most successful regional mall in Los Angeles, the Westfield Century City. The Property is also within walking distance of the popular Sawtelle restaurant and retail corridor.
