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Creative Studio & Office 1648 10th St 9,900 SF 100% Leased Office Building Santa Monica, CA 90404 $7,950,000 ($803.03/SF)
INVESTMENT HIGHLIGHTS
- Move in ready, plug and play. Excellent condition.Owner may carry!
- Prime location. Walking distance to numerous amenities and public transportation. Prime location minutes to 10 and 405 Freeway. LAX 8.5 miles
- Private entrance to the second floor from the street.+/- 28 private parking spaces, 7 covered.
- Also available for lease. Inquire with broker. Liz Glass, Las Palmas Realty 760-617-1054-direct 760-320-0684-office
EXECUTIVE SUMMARY
For sale or for lease a two story stand alone one-of-a-kind building with high end finishes, located in one of Santa Monica’s most exclusive business sectors.1648 10th Street is situated at the end of a cul-de-sac, directly across from Jerry Bruckheimer Films, providing ultimate privacy and an unparalleled prestige. The 9,900 SF building accommodates +/- 28 parking spaces, as well as numerous metered street parking. The carefully designed interior boasts dramatic high ceilings with beautiful, exposed beams, abundant natural light, and sleek polished concrete floors. Fully fenced private back lot area with electronic gate offers alley access. First floor is approximately 6000 sq.ft. with numerous private offices, large open space areas, multiple meeting / conference rooms, storage rooms, two multi stall bathrooms plus a single stall bathroom with shower, a full kitchen with a large dining area, and a very spacious bullpen. Second floor at approximately 3900 sq.ft.has 8 offices 5 with large windows, two bathrooms, reception areas, storage room, lobby area and a conference room with walls of glass that view the downstairs open space areas. Three staircases, one of which provides separate private front door entry, perfectly positioned for subletting and flexibility. With its move-in ready condition and desirable setting, this building presents a prime opportunity for owner-users, investors and tenants seeking a valuable property in a highly sought-after location. Owner may carry! For more info please contact Liz Glass, Broker DRE#00901577 760-617-1054-direct or 760-320-0684-office
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
9,900 SF
Building Class
B
Year Built/Renovated
1974/2021
Price
$7,950,000
Price Per SF
$803.03
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,000 SF
Building FAR
0.91
Lot Size
0.25 AC
Zoning
SMM1* - General Office
Parking
28 Spaces (2.83 Spaces per 1,000 SF Leased)
AMENITIES
- Fenced Lot
- Signage
- Skylights
- Reception
- Storage Space
- Air Conditioning
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Walk Score®
Very Walkable (87)
Transit Score®
Excellent Transit (75)
Bike Score®
Biker's Paradise (93)
PROPERTY TAXES
| Parcel Number | 4283-004-023 | Improvements Assessment | $900,415 |
| Land Assessment | $1,653,578 | Total Assessment | $2,553,993 |
PROPERTY TAXES
Parcel Number
4283-004-023
Land Assessment
$1,653,578
Improvements Assessment
$900,415
Total Assessment
$2,553,993
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Creative Studio & Office | 1648 10th St
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