Trophy Retail in the Heart of L.A.’s Westwood Village Sells for $13.5M

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The Broxton at Weyburn, a 9,852 square foot retail building at 10936-10948 Weyburn Avenue and 1006-1010 Broxton Avenue in the heart of Westwood Village in Los Angeles, California, has sold for $13,500,000. Kidder Mathews commercial real estate brokers, Tanel Harunzade, Darrell Levonian, and Brittney McCarthy, represented the seller, a local family investor, in the transaction.

The Broxton at Weyburn has multiple retail and restaurant storefronts at one of the best intersections in Westwood Village, with 121 feet of frontage on Broxton Avenue and 149 feet of frontage on Weyburn Avenue. The prominently-featured space is across from the iconic Fox and Bruin Theater and steps away from the UCLA campus; the location is highly-trafficked by residents and tourists.

“This was a rare opportunity as very few properties are listed for sale in Westwood Village. The property has been in the same family for more than 60 years,” according to Tanel Harunzade. “One of the tenants, Stan’s Donuts, has been at this location for
over 50 years,” he said.

About Kidder Mathews
Kidder Mathews is the largest independently owned commercial real estate firm on the West Coast, with 800 real estate professionals and staff in 22 offices in Washington, Oregon, California, Nevada, and Arizona. Kidder Mathews offers a complete range of brokerage, appraisal, property management, consulting, project & construction management, and debt & equity finance services for all property types. The firm performs $9 billion in transactions, manages over 70 million square feet of space, and conducts over 1,600 appraisals annually. For more information, visit kidder.com.

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