RARE SANTA MONICA RETAIL / OFFICE FOR SALE€¦ · AREA OVERVIEW Santa Monica, California . Santa...

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1703 OCEAN PARK BLVD. SANTA MONICA, CA 90404 RARE SANTA MONICA RETAIL / OFFICE FOR SALE

Transcript of RARE SANTA MONICA RETAIL / OFFICE FOR SALE€¦ · AREA OVERVIEW Santa Monica, California . Santa...

Page 1: RARE SANTA MONICA RETAIL / OFFICE FOR SALE€¦ · AREA OVERVIEW Santa Monica, California . Santa Monica is a beachside city spanning 8.3 square miles located on the westside of Los

1703 OCEAN PARK BLVD.SANTA MONICA, CA 90404

RARE SANTA MONICA RETAIL / OFFICE FOR SALE

Page 2: RARE SANTA MONICA RETAIL / OFFICE FOR SALE€¦ · AREA OVERVIEW Santa Monica, California . Santa Monica is a beachside city spanning 8.3 square miles located on the westside of Los

± 6,650 SF Building | ± 14,021 SF Land

$5,650,000

SMC2*/ Neighborhood Commercial

4273-023-032

19 Striped Spaces

- Signalized Corner of 17th & Ocean Park- Value Add Opportunity - Under Market Rents- Mostly Short Term Leases Expiring May 2020- Longest lease expires December 2023- Double Lot with 100 ft. Frontage on Ocean Park- Multi-Tenant or Single User- Sunset Park Neighborhood - Monument Signage

1508 17th Street, Santa Monica, CA 310.899.2700WWW.LEEWESTLA.COM | DRE 01222000

PREMISES

PRICE

ZONING

APN

PARKING

FEATURES

CONTACT

No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease are subject to change or withdrawal without notice.

Spencer Horak | [email protected] AGT DRE 01921906

1703 OCEAN PARK BLVD.

SANTA MONICA, CA 90404

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No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease are subject to change or withdrawal without notice.

Spencer Horak | [email protected] AGT DRE 01921906

APN: 4273-023-032

PARCEL MAP

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No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease are subject to change or withdrawal without notice.

SANTA MONICA• Estimated ± 94,000 Residents

• Estimated 1.3 Million SF of Office Space Within 1 Mile

• 2019 Total Population: ± 30,133 Within 1 Mile

• 2019 Total Households: 13,511 Within 1 Mile

• 2019 Median Household Income: ± $95,100 Within 1 Mile

• Traffic Count on Ocean Park Blvd/ 17th St.: ± 22,000 Cars

LOCAL KITCHEN & WINE BAR THYME CAFE & MARKET

Spencer Horak | [email protected] BRE 01921906

LOVE COFFEEBOB`S MARKET

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AREA OVERVIEWSanta Monica, California

Santa Monica is a beachside city spanning 8.3 square miles located on the westside of Los Angeles County. With 3.5 miles of pristine coastline, Santa Monica offers a mix of natural beauty, tree lined residential communities, booming commercial districts and a variety of recreational activities. A diverse business economy and an unparalleled quality of life, prove Santa Monica to be an incomparable destination to both live, work or visit. Santa Monica was recently named one of the Top “10 Beach Cities in the World” by National Geographic and one of the “Best Places to Live” by TIME Magazine. The residential population is approximately 94,000, growing to approximately 250,000 through the day which includes tourists, shoppers and employees. Tourism is one the city’s top industries attracting over 8 mil-lion visitors annually.

Santa Monica was founded in 1875 and incorporated in 1886. In the years after it was incorporated, floods of people poured into the city on both the Southern Pacific Railroad and the Sante Fe Railroad. With the surge of new residents, a real estate boom was set into motion. The growth continued with the addition of five Piers, commercial buildings on Second and Third Street, and the establishment of Douglas Aircraft, which is now the Santa Monica Airport.

As home to the headquarters of such notable businesses as Hulu, Universal Music, Illumination Entertainment, Lionsgate Films, HBO and a variety of tech startups, Santa Monica has made a name for itself in the entertainment and tech industries.

No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease are subject to change or withdrawal without notice.

Spencer Horak | [email protected] AGT DRE 01921906

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No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease are subject to change or withdrawal without notice.

Spencer Horak | [email protected] AGT DRE 01921906

Santa Monica Community College

OrciUBM

Snap Inc.Rebel BaseProduction

Pandora MediaActivision Blizzard

AmobeeMagnet 360

Side Effects SoftwareRed Interactive Agency

Tryarch

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John Adams Middle School

Bobs MarketSanta Monica Yoga

Dennis Gibbens ArchitectThyme Cafe & Market

The SliceThe Cut Salon

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Blink BarLocal Kitchen & Wine Bar

Love Coffee ShopOcean Hair Studio

OneWest Bank

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Whole Foods 365 College

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MEET THE TEAMB R O K E R - A S S O C I A T ES P E N C E R H O R A K

Spencer is recognized by his peers as a dependable and ambitious professional. His diverse experience has contributed to him being a creative and strong negotiator. His natural aptitude for this business, coupled with his positive and outgoing demeanor have propelled Spencer to achieving his professional goals. He is currently in his seventh year with Lee West LA, where he continues to attain new heights and grow his client base.

Spencer was raised in Santa Monica, and continues to work and reside on the Westside. His specialties are retail, commercial office leasing and sales.

L E E & A S S O C I A T E SAs a member of the Lee & Associates Group of Companies, Lee & Associates Los Angeles West, Inc. combines national reach with local market expertise, offering our clients the best network of location knowledge available. The brokers in our office pioneered the creative office niche in the West Side and have been the premiere leaders in the“Silicon Beach” market for the past 20 years.

We have representaed a majority of entertainment, tech, and other creative tenants from all neighborhoods of Los Angeles. We are experts in adaptive reuse to help landlords increase revenue on functionally obsolete buildings.

Sincerely,Lee and Associates Los Angeles West,Inc. - Corporate ID #01222000

No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease are subject to change or withdrawal without notice.