Santa Monica CA Real Estate & Commercial for Sale

*Incredible opportunity to reposition this excellent asset or to redevelop entirely. *Set on an oversized lot of 7,500sf that measures 50 feet of frontage along Santa Monica Blvd and 150 deep with rear alley access. *Highly visible location - Over 30K cars each day drive along Santa Monica Blvd *Access to major tech employers, close proximity to Brentwood and West LA, along with all the world class attractions of Santa Monica Three separate buildings on site. Single story building that fronts SM Blvd is comprised of two side by side commercial units (month to month/ appx 1,500sf), a detached commercial unit with loft (month to month, appx 1,500sf ) and a rear building that is residential with three units totaling about 1,470sf (a 2/1, 1/1 and studio). All residential units on month to month. This property affords the buyer an opportunity to immediately reposition a stabilized asset as all the commercial leases are month to month. This works for an owner user or for an investor. Additionally, one can redevelop into a mixed use property and take advantage of density bonuses from the City of SM.

This fully renovated property sits on a corner lot and contains 2 separate structures consisting of a 3,996 SF office building and a separate 920 SF stand-alone structure for office or retail. The Property underwent a $1,600,000 renovation that included a change-of-use to office in 2021. The main building contains 6 executive offices, 2 smaller offices or file rooms, a large conference room, full kitchen, 4 bathrooms, I.T. room, storage rooms as well as large built-in work spaces in the center. 12-foot-tall windows, frameless glass offices, and 17-foot tall exposed wood beam ceilings make the interior bright and expansive. 3 separate HVAC systems allow for efficient cooling / heating zones for each office. The large kitchen includes Caesarstone countertops and new appliances including a washer / dryer. The smaller structure includes 1 bathroom and can be divided into 3 offices, with room for more. Large storefront glass with the main entrance on 14th Street makes this space ideal for a pedestrian-oriented business and offers a 2nd source of income for the property owner. 1762 14th Street is uniquely positioned as an ideal owner-user office space in one of the most coveted cities in the world. The location and its proximity to the expanding tech and media company landscape makes this a rare and prestigious opportunity.