Santa Monica CA Commercial for Sale
- Type:
- General Commercial
- Sq.Ft.:
- 5,720
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.24 Acres
- Year built:
- 1948
- Baths:
- MLS#:
- 24456619
ADDITIONAL INFORMATION
We are pleased to offer for sale the rare investment opportunity to acquire a multi-tenant retail building in the epicenter of the famed coastal city of Santa Monica. 1306 Wilshire Blvd sits prominently on the highly trafficked signalized intersection of Wilshire Blvd and Euclid St in the popular Mid-City area of Santa Monica. Bordered by two major thoroughfares, Wilshire and Olympic Boulevards, and two E Line stations, the Mid-City area in Santa Monica is an easily accessible neighborhood known for its arts and entertainment offerings as well as top-notch eateries. Available to be purchased for the first time in decades, the property consists of 5,720 square feet situated on a 10,504 gross square foot corner lot with on-site parking for 10 vehicles. The parcel is zoned Santa Monica C6* within the highly desirable Mixed-Use Boulevard District. Due to its location, the property offers a wide variety of potential uses. Current tenants include the popular La Monarca Bakery as well as a hair salon, pet clinic, and tutor center. All tenants are long term on NNN leases, and there remains significant untapped rental upside for a new owner. Within walking distance to the beach, high-end dining, and nightlife, 1306 Wilshire Blvd presents an astute investor with the quintessential opportunity to acquire a prestigious turnkey retail asset located in one of the most high-profile locations in Los Angeles. NOTE: One unit at the property was previously occupied by a tenant operating a dry cleaning business. Testing was performed to determine if any vapor intrusion was detected. The reports related to this testing will be provided to prospective buyers and their agents.
- Type:
- Mixed Use
- Sq.Ft.:
- 4,675
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1925
- Baths:
- MLS#:
- 24456133
ADDITIONAL INFORMATION
Approximately 5,219 square feet (Ground floor: 4,657 RSF, mezzanine 562 RSF) Approximately 48 feet of frontage along Wilshire Boulevard
$4,000,000
943 19th Street Santa Monica, CA 90403
- Type:
- Other
- Sq.Ft.:
- 7,180
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1959
- Baths:
- MLS#:
- SR24024760
ADDITIONAL INFORMATION
An exceptional investment opportunity awaits in the bustling city of Santa Monica! Positioned near the vibrant crossroads of Montana Ave and 19th St, this expansive two-story building spans 7,180 square feet. Recently underwent Soft-Story Retrofit to meet LADBS regulations, it features six units: five boasting three bedrooms each, and one with two bedrooms. The property includes on-site covered parking, accommodating six cars with individual garages at the rear. With substantial potential for increased rental income, this property appeals to both owner-users and seasoned investors seeking to diversify their portfolios. Conveniently located just a stone's throw away from Trader Joe’s, Pavilions, and the Aero Theater, it offers proximity to a plethora of chic boutiques, diverse eateries, and entertainment options. Nestled amidst the vibrant Santa Monica Boulevard scene, and only minutes away from the sun-kissed shores of Southern California beaches, this property embodies the epitome of coastal living and urban convenience.
Santa Monica Real Estate
The median home value in Santa Monica, CA is $1,656,900. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Santa Monica, CA is $1,656,900. Approximately 25.36% of Santa Monica homes are owned, compared to 63.49% rented, while 11.15% are vacant. Santa Monica real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Santa Monica real estate agent to arrange a tour today!
Santa Monica, California 90403 has a population of 92,828. Santa Monica 90403 is less family-centric than the surrounding county with 27.41% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Santa Monica, California 90403 is $99,847. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Santa Monica 90403 is 41.4 years.
Santa Monica Weather
The average high temperature in July is 73.5 degrees, with an average low temperature in January of 49.3 degrees. The average rainfall is approximately 13.7 inches per year, with 0 inches of snow per year.