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Highlights

  • Highly trafficked intersection
  • Expansive patio overlooking the ocean
  • Rare turnkey restaurant space - no key money
  • Private subterranean parking lot on-site

All Available Spaces(2)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor, Ste 120
  • 5,108 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Retail
  • Full Build-Out
  • July 15, 2026

Prime 2nd generation restaurant space available on prime Ocean Ave corridor. No key money and highly improved! Join top producing F&B and Hospitality operators at one of the most highly trafficked corners in Santa Monica.

  • Lease rate does not include utilities, property expenses or building services
  • Space is in Excellent Condition
  • Fully Built-Out as a Restaurant or Café Space
  • Can be combined with additional space(s) for up to 10,100 SF of adjacent space
  • 1st Floor, Ste 150
  • 4,992 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Retail
  • Full Build-Out
  • Now

2nd generation F&B space with gorgeous improvements. Well suited for step in F&B, members club, wellness, fitness... Can be combined with Suite 120 for a total of 10,100 SF on the ground level.

  • Lease rate does not include utilities, property expenses or building services
  • Space is in Excellent Condition
  • Fully Built-Out as a Drinking Establishment
  • Can be combined with additional space(s) for up to 10,100 SF of adjacent space
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor, Ste 120 5,108 SF Negotiable Upon Request Upon Request Upon Request Upon Request Retail Full Build-Out July 15, 2026
1st Floor, Ste 150 4,992 SF Negotiable Upon Request Upon Request Upon Request Upon Request Retail Full Build-Out Now

1st Floor, Ste 120

Size
5,108 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Retail
Build-Out
Full Build-Out
Available
July 15, 2026

1st Floor, Ste 150

Size
4,992 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Retail
Build-Out
Full Build-Out
Available
Now

1st Floor, Ste 120

Size 5,108 SF
Term Negotiable
Rental Rate Upon Request
Space Use Retail
Build-Out Full Build-Out
Available July 15, 2026

Prime 2nd generation restaurant space available on prime Ocean Ave corridor. No key money and highly improved! Join top producing F&B and Hospitality operators at one of the most highly trafficked corners in Santa Monica.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Space is in Excellent Condition
  • Can be combined with additional space(s) for up to 10,100 SF of adjacent space

1st Floor, Ste 150

Size 4,992 SF
Term Negotiable
Rental Rate Upon Request
Space Use Retail
Build-Out Full Build-Out
Available Now

2nd generation F&B space with gorgeous improvements. Well suited for step in F&B, members club, wellness, fitness... Can be combined with Suite 120 for a total of 10,100 SF on the ground level.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Drinking Establishment
  • Space is in Excellent Condition
  • Can be combined with additional space(s) for up to 10,100 SF of adjacent space

Property Facts

Total Space Available 10,100 SF
No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Size 61,938 SF
Year Built 1980

About the Property

Join one of Santa Monica's most active corridors. Ocean Avenue is home to premier hotels including the Regent, Viceroy, Shutters on the Beach, Sandbourne, and Fairmont, alongside top restaurant neighbors in Ghirardelli, Ivy at the Shore, Fogo de Chão, Blue Plate Taco, The Bungalow, The Lobster, and San Vicente Bungalows.

Moderately walkable
60/100
Exceptionally drivable
100/100
Strong public transit
80/100
Very bikeable
80/100

Nearby Major Retailers

CorePower Yoga
Starbucks
Bank of Montreal
Fogo de Chão
The Cheesecake Factory
True Food Kitchen
The Coffee Bean & Tea Leaf
Johnny Rockets
Bubba Gump Shrimp Co.
North Italia
  • Listing ID: 40870718

  • Date on Market: 6/10/2026

  • Last Updated:

  • Address: 1541-1551 Ocean Ave, Santa Monica, CA 90401

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