Santa Monica CA Commercial for Sale

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Type:
Retail
Sq.Ft.:
2,550
Status:
Active
Beds:
n/a
Lot size:
0.13 Acres
Baths:
MLS#:
SR24213515

ADDITIONAL INFORMATION

This is an exceptional investment opportunity in the highly sought-after area of Santa Monica, situated on a bustling main street with excellent visibility and high foot traffic. The property is currently operating as a MARKET, featuring a fully renovated commercial kitchen with a hood, sink, grease interceptor, walk-in cooler & freezer, new plumbing, A/C, new lighting, and a 50-foot walk-in cooler & freezer. The property also boasts new front windows and an inviting outdoor front patio. With 8 parking spaces and its proximity to Santa Monica Beach, shopping districts, the airport, and major freeways, this location offers unmatched convenience. The space comes with a valuable liquor license, and with R3 zoning, it can easily be converted into a residential unit, providing versatility for investors. The property will be delivered vacant at close of escrow, offering immediate flexibility for your next venture. Don’t miss out on this rare opportunity! Call the agent for more information and to schedule a tour.

Type:
General Commercial
Sq.Ft.:
6,160
Status:
Active
Beds:
n/a
Lot size:
0.15 Acres
Year built:
1961
Baths:
MLS#:
ML81979035

ADDITIONAL INFORMATION

UPDATED 10-UNIT BUILDING IN SANTA MONICA This property has been completely renovated with new stucco. Prime Santa Monica Location. Close to restaurants and the beach. 7 vacant units available for rental at market price. Covered parking for 10 cars. Washer and dryer on premises. New renovations including: Freshly painted building with dual-pane windows. New roof within the last two years. New plumbing and electrical work. New earthquake valves and soft story retrofit work. New cabinets, counters, sinks, and faucets in most units. Some units have new tile, and all are freshly painted. Most bathrooms have had total or partial remodels.New appliances in 7 units. Several units have been rented are other units are currently being made available for rent. Pro-forma CAP Rate over 5!

Type:
Retail
Sq.Ft.:
2,300
Status:
Active
Beds:
n/a
Lot size:
0.09 Acres
Year built:
1965
Baths:
MLS#:
SR24102948

ADDITIONAL INFORMATION

Prime retail space opportunity at 2011 Lincoln Blvd, Santa Monica! This high-visibility storefront, currently a motorcycle dealership, offers an exceptional location with significant traffic exposure on Lincoln Blvd. The property features a spacious showroom with wall-to-wall windows, high exposed ceilings, and a showcase gallery ambiance. It includes a service department and rear parking for added convenience. Ideal for retail businesses seeking maximum visibility and a modern, open layout. Don’t miss this chance to establish your business in one of Santa Monica’s most vibrant commercial corridors!

Type:
Mixed Use
Sq.Ft.:
2,190
Status:
Active
Beds:
n/a
Lot size:
0.05 Acres
Year built:
2012
Baths:
MLS#:
24375519

ADDITIONAL INFORMATION

100% VACANT - mixed use, Bar-Restaurant on the ground floor with a 2 bed 1 bath residential upstairs. Previously the home of LA Draughts and Santino's restaurant. In 2009 the building was virtually demolished due to a fire and it was rebuilt from the ground up to the 2009 building codes, including earthquake retrofitting, 750 Grease trap installed, Fire Sprinkler system, Infiltration pits, Air Conditioning, ADA approved (as of final inspection date). open flame cooking with hood. This property is ready to go for either fine dining or fast food. Seller and previous tenant states that the entire rear patio, including the 3 parking spaces is permitted for a patio. Permitted for 2 outdoor tables at front of property. All tenants previous tenants have had a beer and wine license. The property is grandfathered for the exemption for off license alcohol sales. Roofing was recently coated. This is a very rare opportunity to own a bar restaurant / residential delivered vacant in Santa Monica, across the street from Whole foods on Lincoln Blvd in the heart of Santa Monica. As of April 13th 2024 the city of Santa Monica issued an "Alcohol Determination zoning conformance review" for a State ABC type 47 Alcohol license

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Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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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 90405 has a population of 92,828. Santa Monica 90405 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 90405 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 90405 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.

Santa Monica Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    66
    30-day change

Santa Monica Schools and Demographics

Education near Santa Monica, CA

Metric City County
High School Graduates 94.3 80.04
College Degree - 2 year 6.08 7.04
College Degree - 4 year 67.83 34.04
Graduate Degree 17.56 8
Expenditures per Student 17,429 17,429
Students per Teacher 21.9 21.9

Elementary Schools near Santa Monica, CA

School Grades Students P/T Ratio ZIP
Broadway Elementary School KG - 06 506 22 90291
Coeur D'Alene Avenue Elementary School KG - 05 549 26.1 90291
Franklin Elementary School KG - 05 818 24.8 90403
Grand View Boulevard Elementary School KG - 05 642 20.7 90066
Grant Elementary School KG - 05 635 21.9 90405
John Muir Elementary School KG - 05 265 20.4 90405
Mar Vista Elementary School KG - 05 593 22.4 90066
McKinley Elementary School KG - 05 499 21.7 90404
Ocean Charter School KG - 08 460 25.6 90066
Roosevelt Elementary School KG - 05 831 23.7 90403
Will Rogers Elementary School KG - 05 555 23.1 90405

Middle Schools near Santa Monica, CA

School Grades Students P/T Ratio ZIP
Animo Westside Charter Middle 06 - 08 403 23.7 90066
ICEF Vista Middle Academy 06 - 08 213 21.3 90066
John Adams Middle School 06 - 08 1,030 22.3 90405
Lincoln Middle School 06 - 08 1,027 22.8 90403
Marina Del Rey Middle School 06 - 08 655 21.1 90066
Mark Twain Middle School 06 - 08 635 19 90066

High Schools near Santa Monica, CA

School Grades Students P/T Ratio ZIP
Animo Venice Charter High School 09 - 12 595 22 90291
Malibu High School 06 - 12 1,107 20.4 90265
Santa Monica High School 09 - 12 2,984 23 90405
Venice Senior High School 09 - 12 2,109 22.2 90066

Ungraded Schools near Santa Monica, CA

School Grades Students P/T Ratio ZIP
* Olympic High (Continuation) School 09 - 12 69 8.4 90405
* Phoenix Continuation School 09 - 12 80 22.9 90066
James J. McBride Special Education Center 06 - 12 68 9.7 90066

Demographics near Santa Monica, CA 90405

Metric Zip Code City
Neighborhood Type Inner City
Population 92,828 10,019,635
Population Density 11,031 2,469
Median Age 41.4 37
People per Household 2 2.9
Median Household Income 99,847 76,367
Average Income per Capita 80,830 37,924