Topanga CA Real Estate & Commercial for Sale


Showing Homes Nearby Topanga, CA
Beds:
n/a
Baths:
Sq.Ft.:
13,290
Status:
Active
MLS#:
24378655
Type:
Business Opportunities
Lot size:
0.18 Acres
Year built:
1967
Listing Agent: David Kaufman CalDRE: 01217537 - David Ballin Kaufman David Kaufman CalDRE: 01217537
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Phenomenal Bel Air Location! Now Approved for Medical - Big Value Add Opportunity. 13,290 SF three-story office building on 7,853 SF lot, ideal for Medical/Surgery, Family Office, Law Firm, Production, or Entertainment. Ground floor is gated & secure parking for 26 cars. Iconic Location and Identity with Building Top Signage, directly across from the Getty Center Museum. Fully gated and secure entry with CCTV security camera system throughout. Steel beam & concrete construction with kitchen & conference amenities on each floor.

Beds:
n/a
Baths:
Sq.Ft.:
13,290
Status:
Active
MLS#:
CL24378655
Type:
Business Opportunities
Lot size:
0.18 Acres
Year built:
1967
A broker reciprocity listing Courtesy: David Kaufman - David Ballin Kaufman David Kaufman [email protected]
View additional info

Phenomenal Bel Air Location! Now Approved for Medical - Big Value Add Opportunity. 13,290 SF three-story office building on 7,853 SF lot, ideal for Medical/Surgery, Family Office, Law Firm, Production, or Entertainment. Ground floor is gated & secure parking for 26 cars. Iconic Location and Identity with Building Top Signage, directly across from the Getty Center Museum. Fully gated and secure entry with CCTV security camera system throughout. Steel beam & concrete construction with kitchen & conference amenities on each floor.

Beds:
n/a
Baths:
Sq.Ft.:
14,544
Status:
Active
MLS#:
CL24370305
Type:
Business Opportunities
Lot size:
0.34 Acres
Year built:
1955
A broker reciprocity listing Courtesy: Jonathan Taksa - Remax Commercial and Investment Realty Jonathan Taksa [email protected]
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HUGE $745,000 REDUCTION FROM ORIGINAL LIST PRICE!!! We are pleased to offer for sale rare multifamily assets at 937 & 943 2nd Street in the coveted beachside community of Santa Monica. These side by side properties each have their own APN and share a beautiful stone paved courtyard. The properties boasts a great unit mix of 1 & 2 bedrooms, all with significant rental upside. Just a block to Montana Avenue and a block to the beach, these properties truly reflect the Santa Monica beachside vibe.937 & 943 2nd Street puts residents in the center of everything Santa Monica has to offer. Additionally, the property has on-site parking, an on-site laundry room (machines owned by Seller) and lushly landscaped grounds.

Beds:
n/a
Baths:
Sq.Ft.:
2,726
Status:
Active
MLS#:
SR24060707
Type:
Industrial, Business Opportunities
Lot size:
0.11 Acres
Year built:
1965
Listing Agent: Roy Sulka CalDRE: 00936667 - Rodeo Realty, 818-427-5577 Roy Sulka CalDRE: 00936667
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Located on Topanga Canyon Blvd with heavy traffic and great exposure. The Corvette Shop Inc. is a well-established automotive repair shop that has been owned and operated since 1987 focusing on corvette repair and general automotive repair in the San Fernando Valley. The building is approximately 2,726 sq ft on a corner lot with additional off-street parking.6 working auto bays with 4 lifts, large office space and extra storage. Large repeat customer base. Sale will include the Real Estate and Business. Owner financing available

Beds:
n/a
Baths:
Sq.Ft.:
2,726
Status:
Active
MLS#:
CRSR24060707
Type:
Business Opportunities
Lot size:
0.11 Acres
Year built:
1965
A broker reciprocity listing Courtesy: Roy Sulka - Rodeo Realty Roy Sulka [email protected]
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Located on Topanga Canyon Blvd with heavy traffic and great exposure. The Corvette Shop Inc. is a well-established automotive repair shop that has been owned and operated since 1987 focusing on corvette repair and general automotive repair in the San Fernando Valley. The building is approximately 2,726 sq ft on a corner lot with additional off-street parking.6 working auto bays with 4 lifts, large office space and extra storage. Large repeat customer base. Sale will include the Real Estate and Business. Owner financing available

Beds:
n/a
Baths:
Sq.Ft.:
14,544
Status:
Active
MLS#:
CL24358269
Type:
Business Opportunities
Lot size:
0.34 Acres
Year built:
1955
A broker reciprocity listing Courtesy: Jonathan Taksa - Remax Commercial and Investment Realty Jonathan Taksa [email protected]
View additional info

HUGE $745,000 REDUCTION FROM ORIGINAL LIST PRICE!!! We are pleased to offer for sale rare multifamily assets at 937 & 943 2nd Street in the coveted beachside community of Santa Monica. These side by side properties each have their own APN and share a beautiful stone paved courtyard. The properties boasts a great unit mix of 1 & 2 bedrooms, all with significant rental upside. Just a block to Montana Avenue and a block to the beach, these properties truly reflect the Santa Monica beachside vibe. 937 & 943 2nd Street puts residents in the center of everything Santa Monica has to offer. Additionally, the property has on-site parking, an on-site laundry room (machines owned by Seller) and lushly landscaped grounds.

Beds:
n/a
Baths:
Sq.Ft.:
13,290
Status:
Active
MLS#:
24378655
Type:
Other
Lot size:
0.18 Acres
Year built:
1967
Courtesy: David Kaufman - David Ballin Kaufman David Kaufman
View additional info

Phenomenal Bel Air Location! Now Approved for Medical - Big Value Add Opportunity. 13,290 SF three-story office building on 7,853 SF lot, ideal for Medical/Surgery, Family Office, Law Firm, Production, or Entertainment. Ground floor is gated & secure parking for 26 cars. Iconic Location and Identity with Building Top Signage, directly across from the Getty Center Museum. Fully gated and secure entry with CCTV security camera system throughout. Steel beam & concrete construction with kitchen & conference amenities on each floor.

Beds:
n/a
Baths:
Sq.Ft.:
6,524
Status:
Active
MLS#:
CL24380165
Type:
Business Opportunities
Lot size:
0.18 Acres
Year built:
1948
A broker reciprocity listing Courtesy: Chase Simonton - RE/MAX One Chase Simonton [email protected]
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901 19th Street is the perfect Owner-User opportunity in Santa Monica. A huge, 3-bedroom, 2.5 bathroom townhouse-style front unit can be delivered vacant at close of escrow. The 6 other units bring in good income to subsidize the mortgage, yet still have tremendous upside potential for future rental growth. Located just 1 block from Montana Ave and all the trendy restaurants and shops Santa Monica has to offer, this prime North of Wilshire 90403 location is near impossible to beat. Please do not disturb the tenants. Call listing agents for a potential tour of he front unit. All other units will be shown only upon an accepted offer.

Beds:
n/a
Baths:
Sq.Ft.:
7,881
Status:
Active
MLS#:
CL24376265
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1958
A broker reciprocity listing Courtesy: Scott Ammann - The Beverly Hills Estates Scott Ammann [email protected]
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Incredible investment opportunity located 5 blocks from the beach in the highly desirable Wilshire / Montana neighborhood of Santa Monica. This 11-unit apartment building consists of (3) two bedrooms one bathroom, (6) one bedroom one bathroom, and (2) singles. Units consist of hardwood floors, standard kitchens, and balconies/patios. Currently, there are 9 vacant units giving an investor the opportunity to achieve market rents. Exceptional Santa Monica location - within close distance to Montana Ave, The Third Street Promenade, The Santa Monica Pier and the beach. Soft story retrofit has been completed.

Beds:
n/a
Baths:
Sq.Ft.:
7,764
Status:
Active
MLS#:
CL23333461
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1956
A broker reciprocity listing Courtesy: Jonathan Taksa - Remax Commercial and Investment Realty Jonathan Taksa [email protected]
View additional info

INCREDIBLE 5.11 CAP RATE WITH UPSIDE NORTH OF WILSHIRE!! We are pleased to offer for sale an incredible multifamily asset located at 1019 6th Street in the heart of LA's famed beach city of Santa Monica. Originally built in 1956, the building boasts an ideal unit mix consisting of all large 1 & 2-bedroom floor plans. Each of these units is spacious, has a terrific layout, and offers an abundance of natural light. Perfect for a long-term investor, the property has incredible rental upside, a secured intercom entrance, ample on-site parking (soft story retrofit has been completed), all copper plumbing, a newer roof, as well as an on-site laundry facility. The unit mix includes (7) 1-bed, 1-bath units and (2) 2-bed, 2-bath units. Many of the units have been luxuriously upgraded to the highest standards with hardwood flooring, custom window shutters, stainless steel appliances and quartz countertops, central HVAC (select units), recessed lighting, upgraded electrical, and an in-unit washer and dryer (select units). This is a fantastic trophy asset in an undeniably attractive location that will be a perfect addition to an investor's portfolio. A quick stroll to downtown Santa Monica, Montana Avenue, and the beach, this property is situated close to all Santa Monica has to offer. With

Beds:
n/a
Baths:
Sq.Ft.:
9,230
Status:
Active
MLS#:
CL24353601
Type:
Business Opportunities
Lot size:
0.18 Acres
Year built:
1969
A broker reciprocity listing Courtesy: David Schuchman - Roque & Mark Company, Inc. David Schuchman [email protected]
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$150,000 PRICE REDUCTION!! Ultimate OWNER/USER opportunity in the Franklin School District of Santa Monica! True pride of ownership building located steps to Montana Ave and North of Wilshire. Front owner townhome is a 3 bed + 3 bath with approx. 2,300 sf of living space and a huge 2-car attached garage with separate laundry area, just for this unit. Perfect layout for a family and has a lovely front patio area. Large building with over 9,200 sf of living area on an 8,000 sf lot. Excellent unit mix consisting of (1) 3 bed +3 bath owner townhouse, (2) 3 bed + 3 bath, (3) 2 bed + 2 bath, and (1) 1 bed + 1 bath. Excellent parking with 7 individual spaces and 13 spaces total if used as tandem. Every unit comes with a storage unit in the parking area. Gated entry for added security. Substantial capital improvements to the entire building including copper plumbing, dual pane windows throughout, new electrical panel, interior remodels, and more. Soft-story retrofit was completed after earthquake and is not required. Subject to Santa Monica rent control.

Beds:
n/a
Baths:
Sq.Ft.:
7,180
Status:
Active
MLS#:
CRSR24024749
Type:
Business Opportunities
Lot size:
0.18 Acres
Year built:
1959
A broker reciprocity listing Courtesy: Paul Baccino - Equity Union Paul Baccino [email protected]
View additional info

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 Joes, 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.

Beds:
n/a
Baths:
Sq.Ft.:
7,180
Status:
Active
MLS#:
CRSR24024760
Type:
Business Opportunities
Lot size:
0.18 Acres
Year built:
1959
A broker reciprocity listing Courtesy: Paul Baccino - Equity Union Paul Baccino [email protected]
View additional info

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 Joes, 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.

Beds:
n/a
Baths:
Sq.Ft.:
7,180
Status:
Active
MLS#:
SR24024760
Type:
Multi-Family, Business Opportunities
Lot size:
0.18 Acres
Year built:
1959
Listing Agent: Paul Baccino CalDRE: 01971933 - Equity Union, 310-359-5598 Paul Baccino CalDRE: 01971933
View additional info

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 Joes, 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.

Beds:
n/a
Baths:
Sq.Ft.:
9,346
Status:
Active
MLS#:
CROC24077809
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1962
A broker reciprocity listing Courtesy: Michael Smith - NorthMarq Realty Services, Inc Michael Smith [email protected]
View additional info

Price Reduced by $750,000 100% VacantThe property was vacated utilizing the Ellis Act guidelines in 2019, providing new ownership multiple investment strategies. Potential Redevelopment Site 210 California provides a wide range of investment strategies for new owners, including renovating the current building or redeveloping the site. Santa Monica, which was granted a prohousing designation by the Governor in February of this year, has made its development process more efficient. This allows for the possibility of receiving additional funding and faster approval for new housing developments. Walkable, Vibrant and Highly Amenitized Neighborhood Santa Monica offers a picturesque beach town setting with a plethora of attractions, renowned shopping, dining options, vibrant nightlife, and entertainment venues. Those residing in 210 California benefit from convenient access to various lifestyle amenities, whether by foot, bike, or car. The Third Street Promenade, located just a short 5-minute walk away, provides an ideal destination for upscale shopping, dining, and entertainment. This pedestrian-friendly area, situated east of the Pier, comprises three car-free blocks and is centered around Santa Monica Place, which houses over 80 retailers. Starting at the Santa Monica Place

Beds:
n/a
Baths:
Sq.Ft.:
10,356
Status:
Active
MLS#:
CL24378867
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1968
A broker reciprocity listing Courtesy: Keith Moret - Lyon Stahl Investment Real Estate, Inc. Keith Moret [email protected]
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This classic Mid-Centry Modern property in the Wilshire-Montana neighborhood is available for the 1st time in decades. It features 10 Huge Units averaging 1,000 SF each, and there is over 35% upside on rents. The unit mix is outstanding with (8) 2BR/2BA units, and (2) 1BR/1BA units. The low Price per SF for the area ($441) makes this property the best value North of Wilshire. The building front features a lovely facade with brick planters and wainscotting that creates visually stunning curb appeal. There is secure subterannian parking with automatic gate, controlled access, and on-site laundry so tenants will feel safe and secure. There is no seismic retrofit required. The building systems have recently been updated with new paint/stucco exterior, parking gates front & back, and a new re-circulation pump, expansion tank and sump pump. Some of the plumbing supply lines have been re-piped with copper, and there is new carpeting in the exterior stairwells. The roof was also recently repaired and coated with silicone sealant, and there are new gutters & downspouts. The location is spectacular! It is just a few blocks from Inspiration Point, Palisades Park, the renowned Saint Monica's Prep School and Church, the 3rd Street Promenade, and across the street from Emerson Park with tennis

Beds:
n/a
Baths:
Sq.Ft.:
4,741
Status:
Active
MLS#:
CL24373103
Type:
Business Opportunities
Lot size:
0.11 Acres
Year built:
1948
A broker reciprocity listing Courtesy: John Barrentine - Keller Williams Larchmont John Barrentine [email protected]
View additional info

**Prime Investment Opportunity in Santa Monica, California** A rare and exceptional opportunity presents itself with the sale of a charming five-unit apartment building ideally positioned at the prominent corner of Euclid and California in Santa Monica. Located in one of the most sought-after neighborhoods in the area, this property offers a mix of unit sizes in excellent condition, making it a lucrative investment for discerning buyers. Strategically located at the corner of Euclid and California in Santa Monica, California, a highly desirable and affluent area known for its upscale amenities, proximity to the beach, and vibrant community this is a trophy location. The property features a diverse range of unit sizes, catering to different tenant needs and maximizing rental potential. Each unit has been meticulously maintained over the years, showcasing a blend of modern conveniences and classic charm, ensuring a comfortable and appealing living space for residents. With its well-maintained exterior and impeccably landscaped surroundings, the building exudes curb appeal and adds to the overall value of the property. The prime location of the building offers convenient access to a plethora of amenities including top-rated schools, trendy dining options, boutique shopping, parks, a

Beds:
n/a
Baths:
Sq.Ft.:
6,847
Status:
Active
MLS#:
CRSR23229594
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1963
A broker reciprocity listing Courtesy: Peter Leissos - California Capital Mortgage Peter Leissos [email protected]
View additional info

Exceptional Opportunity: Established Auto Collision Center in the San Fernando Valley. We are thrilled to offer a remarkable business and property opportunity in the rapidly expanding auto collision industry. Situated in the heart of the San Fernando Valley, this Auto Collision Center stands out for its capacity to handle a high volume of clients and is primed for a driven new owner to take the helm. Key Highlights: -Strategic Location: Centrally positioned in the bustling San Fernando Valley. -Unique Design: Features an innovative parking structure with a ramp leading to a second-level rooftop, providing rare additional parking space for 30-40 vehicles. -Expansive Facilities: Encompasses a 7,500 sqft lot, with 6,847 sqft of indoor workspace and 6,700 sqft of outdoor workspace and parking. -Turnkey Operation: Fully equipped with a furnished office, customer waiting area, restrooms, autobody repair equipment, advanced painting system, filtration, and a security camera monitoring system. Specialized Equipment Included: Grandfathered CMC Mirage Spray Booth: Licensed and permitted, this heated downdraft paint booth ensures consistent spraying and drying times year-round, optimizing airflow to control overspray and contamination. Ventilated Paint Mixing Room: Outfitted with a top-tier

Beds:
n/a
Baths:
Sq.Ft.:
6,847
Status:
Active
MLS#:
SR23229594
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1963
Listing Agent: Peter Leissos CalDRE: 01001726 - California Capital Mortgage, [email protected] Peter Leissos CalDRE: 01001726
View additional info

Exceptional Opportunity: Established Auto Collision Center in the San Fernando Valley. We are thrilled to offer a remarkable business and property opportunity in the rapidly expanding auto collision industry. Situated in the heart of the San Fernando Valley, this Auto Collision Center stands out for its capacity to handle a high volume of clients and is primed for a driven new owner to take the helm. Key Highlights: -Strategic Location: Centrally positioned in the bustling San Fernando Valley. -Unique Design: Features an innovative parking structure with a ramp leading to a second-level rooftop, providing rare additional parking space for 30-40 vehicles. -Expansive Facilities: Encompasses a 7,500 sqft lot, with 6,847 sqft of indoor workspace and 6,700 sqft of outdoor workspace and parking. -Turnkey Operation: Fully equipped with a furnished office, customer waiting area, restrooms, autobody repair equipment, advanced painting system, filtration, and a security camera monitoring system. Specialized Equipment Included:Grandfathered CMC Mirage Spray Booth: Licensed and permitted, this heated downdraft paint booth ensures consistent spraying and drying times year-round, optimizing airflow to control overspray and contamination.Ventilated Paint Mixing Room: Outfitted with a top-tier PPG brand paint system for unparalleled color-matching, complete with TouchMix computer system, mixing scale, and color matching chips.State-of-the-Art Machinery: Includes a Frame Machine, 4 Bend-Pak Lifts, Miller Welder, and other essential equipment. Additional Benefits: -Grandfathered Licensing and Permits: Comes with all relevant business licensing and permits.-Established Online Presence: Includes the business domain and extremely positive online presence (4.7 stars on Yelp/104 reviews, 5.0 stars on Carwise/12 reviews, 4.8 stars on Google/8 reviews)-Note: The sale of the property is contingent upon the acquisition of the business. (Listing #:SR24003168 $850,000)Visit Protocol: Please schedule an appointment for property visits and refrain from interacting with employees on-site.

Beds:
n/a
Baths:
Sq.Ft.:
4,601
Status:
Active
MLS#:
24361067
Type:
Other
Lot size:
0.17 Acres
Year built:
1963
Courtesy: Arthur Peter - PAR Commercial Brokerage Arthur Peter
View additional info

Building was remodeled in 2013-2014 | Move-in ready creative office with state-of-the art recording/mixing studio in prime Downtown Santa Monica location

Beds:
n/a
Baths:
Sq.Ft.:
4,601
Status:
Active
MLS#:
CL24361067
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1963
A broker reciprocity listing Courtesy: Arthur Peter - PAR Commercial Brokerage Arthur Peter [email protected]
View additional info

Building was remodeled in 2013-2014 | Move-in ready creative office with state-of-the art recording/mixing studio in prime Downtown Santa Monica location

Beds:
n/a
Baths:
Sq.Ft.:
4,601
Status:
Active
MLS#:
24361067
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1963
Listing Agent: Arthur Peter CalDRE: 01068613 - PAR Commercial Brokerage Arthur Peter CalDRE: 01068613
View additional info

Building was remodeled in 2013-2014 | Move-in ready creative office with state-of-the art recording/mixing studio in prime Downtown Santa Monica location

Beds:
n/a
Baths:
Sq.Ft.:
33,294
Status:
Active
MLS#:
24355773
Type:
Other
Lot size:
0.86 Acres
Year built:
1938
Courtesy: Conor Halloran - Lee & Associates Los Angeles West Inc. Conor Halloran
View additional info

Lee & Associates Los Angeles West Inc. & Bond Street Partners, acting as the exclusive advisor, are pleased to present the investment opportunity to acquire the 100% fee simple interest in 1248 5th Street, known as the Santa Monica Post Office. This iconic property offers an unprecedented opportunity to capitalize on Santa Monica's March 2023 Housing Element update to build 157 luxury residences anchored by 32,900 square feet of existing, architecturally stunning retail in the heart of Downtown Santa Monica. With its multi-level design, this two-story, historical building stands as a remarkable landmark and perfect jewel box owner-user compound with development potential. Its enviable location provides immediate access to a vibrant technology and creative community, prestigious shops, renowned restaurants, nightlife, and attractions, ensuring strong rental absorption and retail fundamentals. Boasting meticulously preserved interiors that exude an air of sophistication and charm, this space is truly unrivaled and ready for an investor to reinvent the asset into a world-class destination. Visit www.santamonicapostoffice.com for more information.

Beds:
n/a
Baths:
Sq.Ft.:
33,294
Status:
Active
MLS#:
CL24355773
Type:
Business Opportunities
Lot size:
0.86 Acres
Year built:
1938
A broker reciprocity listing Courtesy: Conor Halloran - Lee & Associates Los Angeles West Inc. Conor Halloran [email protected]
View additional info

Lee & Associates Los Angeles West Inc. & Bond Street Partners, acting as the exclusive advisor, are pleased to present the investment opportunity to acquire the 100% fee simple interest in 1248 5th Street, known as the Santa Monica Post Office. This iconic property offers an unprecedented opportunity to capitalize on Santa Monica's March 2023 Housing Element update to build 157 luxury residences anchored by 32,900 square feet of existing, architecturally stunning retail in the heart of Downtown Santa Monica. With its multi-level design, this two-story, historical building stands as a remarkable landmark and perfect jewel box owner-user compound with development potential. Its enviable location provides immediate access to a vibrant technology and creative community, prestigious shops, renowned restaurants, nightlife, and attractions, ensuring strong rental absorption and retail fundamentals. Boasting meticulously preserved interiors that exude an air of sophistication and charm, this space is truly unrivaled and ready for an investor to reinvent the asset into a world-class destination. Visit www.santamonicapostoffice.com for more information.

Beds:
n/a
Baths:
Sq.Ft.:
33,294
Status:
Active
MLS#:
24355773
Type:
Business Opportunities
Lot size:
0.86 Acres
Year built:
1938
Listing Agent: Conor Halloran CalDRE: 02085970 - Lee & Associates Los Angeles West Inc. Conor Halloran CalDRE: 02085970
View additional info

Lee & Associates Los Angeles West Inc. & Bond Street Partners, acting as the exclusive advisor, are pleased to present the investment opportunity to acquire the 100% fee simple interest in 1248 5th Street, known as the Santa Monica Post Office. This iconic property offers an unprecedented opportunity to capitalize on Santa Monica's March 2023 Housing Element update to build 157 luxury residences anchored by 32,900 square feet of existing, architecturally stunning retail in the heart of Downtown Santa Monica. With its multi-level design, this two-story, historical building stands as a remarkable landmark and perfect jewel box owner-user compound with development potential. Its enviable location provides immediate access to a vibrant technology and creative community, prestigious shops, renowned restaurants, nightlife, and attractions, ensuring strong rental absorption and retail fundamentals. Boasting meticulously preserved interiors that exude an air of sophistication and charm, this space is truly unrivaled and ready for an investor to reinvent the asset into a world-class destination. Visit www.santamonicapostoffice.com for more information.

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