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1519 Wilshire Blvd 9,000 SF Retail Building Santa Monica, CA 90403 $7,650,000 ($850/SF)
Investment Highlights
- Trophy Santa Monica location with ±50 feet of Wilshire Blvd frontage and high visibility.
- Property in excellent condition, ready for immediate occupancy with minimal capital required.
- Ample parking with metered street spaces and 21 paid city spaces directly behind property.
- ±9,000 SF two-story restaurant with ±1,200 SF covered outdoor patio for dining and events.
- Flexible for owner-users or investors seeking a flagship Santa Monica restaurant asset.
- Includes rare Type 47 liquor license for full liquor service, maximizing revenue potential.
Executive Summary
David Harrington
Matthews Real Estate Investment Services, Inc
License # 02168060, 01320460
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
(866) 889-0550
Matthews Real Estate Investment Services, Inc
License # 02168060, 01320460
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,000 SF
Building Class
B
Year Built
1926
Price
$7,650,000
Price Per SF
$850
Tenancy
Single
Building Height
2 Stories
Slab To Slab
10’
Building FAR
1.72
Lot Size
0.12 AC
Zoning
MUB
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- 1519 Wilshire Blvd., Limited Partnership, A Califo
- Public Administration
- -
- -
- -
With over 20 years of experience SafetyPark is a full service parking company that excels in its capacity and has been able to escalate the valet service and hospitality to a new level of excellence, creating a standard that has not yet been surpassed. SafetyPark is a "hands on"' valet and self parking operation, ensuring that service and a keen attention to detail is its number one priority.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| 1519 Wilshire Blvd., Limited Partnership, A Califo | Public Administration | - | - | - | ||
| Safety Park Inc | Professional, Scientific, and Technical Services | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 9,000 SF
- Restaurant
- End Cap
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 9,000 SF | Restaurant | End Cap | Now |
1st Floor
| Size |
| 9,000 SF |
| Space Use |
| Restaurant |
| Position |
| End Cap |
| Available |
| Now |
Walk Score®
Walker's Paradise (92)
Transit Score®
Excellent Transit (71)
Bike Score®
Biker's Paradise (95)
Nearby Major Retailers
Property Taxes
| Parcel Number | 4281-005-024 | Improvements Assessment | $680,707 |
| Land Assessment | $1,013,830 | Total Assessment | $1,694,537 |
Property Taxes
Parcel Number
4281-005-024
Land Assessment
$1,013,830
Improvements Assessment
$680,707
Total Assessment
$1,694,537
Contacts
-
Michael Pakravan -
Kevin Bettinger -
Christine Baker -
Dane Wise -
Matthews Real Estate Investment Services
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