427 Wilshire Boulevard
Santa Monica, CA 90401
For Sale/Lease
4,888 sqft
Sale Price
$7,995,000
Lease Price
$6/sqft/mo
Brochure
Map
Retail For Sale/Lease - Available Immediately
Owner-User or Investment Opportunity in Santa Monica
Excellent opportunity to purchase a well-located office and/ or retail property with quality interior improvements.
Located in one of the top performing office and retail markets in Greater Los Angeles.
With nearly 5 parking spaces per one thousand square feet, the property features unmatched on-site parking for a single-story standalone property along Wilshire Boulevard in Downtown Santa Monica.
Get in touch
Jeff Pion
Lic: 00840278
Michelle Esquivel-Hall
Lic: 01290582
Drew Pion
Lic: 02085229
The property, originally constructed in 1956, has undergone
significant renovations and improvements over the years,
specifically by the current owner-occupant over the past decade.
It presents a new owner-user with the unique opportunity to
occupy a fully standalone property in the heart of Santa Monica
along Wilshire Boulevard as either an office or retail user.
For an investor, it offers the flexibility to attract all prospective
commercial Santa Monica tenants across various business types.
significant renovations and improvements over the years,
specifically by the current owner-occupant over the past decade.
It presents a new owner-user with the unique opportunity to
occupy a fully standalone property in the heart of Santa Monica
along Wilshire Boulevard as either an office or retail user.
For an investor, it offers the flexibility to attract all prospective
commercial Santa Monica tenants across various business types.
CBRE is pleased to present the opportunity to acquire
the real property and all improvements thereon located at
427 Wilshire Boulevard and the adjacent accompanying
24-space parking lot located at 1148 5th Street in Santa
Monica, California (the “Property”). The two parcels—including
the 4,888 RSF single-story standalone building on Wilshire
and the 7,502 SF parking lot directly to the north—will be
delivered unencumbered and free of any leases, combining to
offer 12,500 SF of land.
the real property and all improvements thereon located at
427 Wilshire Boulevard and the adjacent accompanying
24-space parking lot located at 1148 5th Street in Santa
Monica, California (the “Property”). The two parcels—including
the 4,888 RSF single-story standalone building on Wilshire
and the 7,502 SF parking lot directly to the north—will be
delivered unencumbered and free of any leases, combining to
offer 12,500 SF of land.
Minimum Space Available
4,888 sqft
Total Space Available
4,888 sqft
Lease Type
Direct
Sale Price
$7,995,000
Lease Rate
$6/sqft/mo
Lease Rate Type
Triple Net (NNN)
Get in touch
Jeff Pion
Lic: 00840278
Michelle Esquivel-Hall
Lic: 01290582
Drew Pion
Lic: 02085229