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Neo Facto 2110 Main St 16,047 SF 18% Leased Office Building Santa Monica, CA 90405 $10,800,000 ($673.02/SF) 5.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • NEO-FACTO - Exceptional Mixed-Use Commercial Building in Santa Monica 2 Blocks from Beach
  • Rare Two-Level Subterrannean Parking
  • Unique Combination of Location, Amenities and Investment Opportunity

EXECUTIVE SUMMARY

Douglas Elliman Commercial & Real Investments proudly present the iconically named NEO-FACTO building Designed by world renown Lomax/Rock at 2110 Main Street in Santa Monica, is an authentic, a one-of-a-kind investment opportunity, blending architectural sophistication, historical significance and an unmatched location in the vibrant Main Street district. A detailed overview of the standout qualities includes Mixed-Use Flexibility:

Triple Mixed Use: The building accommodates outstanding residential live/work, office, and retail spaces, offering maximum versatility for Tenants;
The Investment Potential is remarkable with Modern Amenities and Maintenance: Reflecting pride of ownership, the building’s well-maintained condition supports higher rental rates and has always attracted higher quality tenants;
Size and RSF: The property spans approximately 17,528 RSF (recently verified by a new BOMA measurement), adding substantial value for investors assessing occupancy and revenue potential;
Design by Lomax/Rock: Known as the NEO-FACTO building, its architecture is a modern marvel, showcasing bold exposed steel and masonry, delivering both aesthetic appeal and structural integrity;
Prime Santa Monica Location: Main Street Hub: Situated in the heart of Santa Monica’s bustling Main Street, known for its eclectic shops, galleries, restaurants, and ocean-side charm;
Nearby Luxury Hotels and Beaches: Close proximity to premier hotels (e.g., The Viceroy, Shutters, Casa Del Mar) and the allure of Santa Monica Beach. With easy access to PCH and I-10, the location bolsters the appeal for both Tenants and visitors;
Architectural and Functional Features: Spacious Layout and High Ceilings: High ceilings paired with exposed masonry add unique character, while operable windows ensure natural light and energy efficiency with an abundance of Outdoor Space, which includes large patios providing spaces for outdoor meetings, relaxation, or events; all enhancing the property’s versatility;
Subterranean Parking: Two levels of private, gated parking ensure convenience and exclusivity for tenants;
Sydney Pollack Connection: Occupied by the iconic film producer while creating some of his memorable works, this property holds a special place in cinematic history, enhancing its cultural and historical value;
Santa Monica’s Allure: Main Street’s pedestrian-friendly layout, coastal atmosphere, and diverse entertainment make it a key attraction for residents and tourists alike, ideal for businesses seeking visibility and foot traffic.

The property offers an era-defining opportunity to own a piece of Santa Monica’s irreplaceable business district. With its combination of residential live/work, commercial, and retail spaces in a design-forward, historically resonant structure, it’s a compelling investment in one of Southern California's most coveted areas.

NEO-FACTO offers a compelling combination of features, amenities, and location advantages that make it an attractive investment opportunity in Santa Monica's thriving commercial real estate market. *Owner records shows property RSF differ from the new BOMA measurements completed by SAA dated 5/21/24. Buyer(s) shall rely solely on their own professional investigation(s) of property for all aspects of the property including, but not limited to RSF.

ATTACHMENTS

OM 2110 Main

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
16,047 SF
Building Class
B
Year Built
1987
Price
$10,800,000
Price Per SF
$673.02
Cap Rate
5.50%
NOI
$594,000
Percent Leased
18%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,843 SF
Building FAR
1.75
Lot Size
0.21 AC
Zoning
SMCM3 - Heavy Industrial
Parking
38 Spaces (2.17 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Bus Line
  • Controlled Access
  • Commuter Rail
  • Car Charging Station
  • Basement
  • High Ceilings
  • Natural Light
  • Open-Plan
  • Outdoor Seating
  • Air Conditioning
  • Balcony

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 2nd Fl-Ste 201
  • 1,289 SF
  • Office
  • -
  • Now

This office space features an open floor plan with large windows overlooking Main Street, filling the area with natural light. The suite includes a private restroom with a shower and a small storage or printer room for with a wet bar and sink added convenience.

  • 2nd Fl-Ste 202
  • 1,275 SF
  • Office
  • -
  • Now

Sleek office space featuring one private office, a conference/break room, and an open bullpen area. Includes a wet bar with a sink, full-size refrigerator, and mini beverage fridge. Exposed beam ceilings and large windows provide abundant natural light. Conveniently located near the elevator and exit stairs.

  • 2nd Fl-Ste 203/205
  • 1,439 SF
  • Office
  • -
  • Now
  • 2nd Fl-Ste 207
  • 3,055 SF
  • Office
  • -
  • Now

This versatile office suite features an open bullpen layout ideal for multiple employee workstations. The suite includes two private offices, a spacious conference room, a dedicated data/server room, and a breakroom equipped with a kitchenette. Tenants will also enjoy access to a private deck—perfect for fresh air or informal meetings.

  • 3rd Fl-Ste 301
  • 1,387 SF
  • Office
  • -
  • Now
  • 3rd Fl-Ste 302
  • 1,531 SF
  • Office
  • -
  • Now

This office suite features a modern glass-enclosed conference room, providing a bright and professional setting for meetings and collaboration. It includes two versatile private offices that can be used as executive offices or individual workstations, offering flexibility to suit your business needs. The suite also includes a dedicated copy/storage room for added convenience and organization.

  • 3rd Fl-Ste 303
  • 1,915 SF
  • Office
  • -
  • Now

Stylish and flexible live/work space designed for professionals, creators, and entrepreneurs! Ditch the commute and build your business where you live. Enjoy a sleek kitchen with full appliances, cozy fireplace, sunny private deck, and a large open space perfect for a studio, office, or light production. Includes a private office or bedroom, in-suite bathroom with shower, and access to a washer/dryer. Secure building with private garage parking.

  • 3rd Fl-Ste 304
  • 1,319 SF
  • Office
  • -
  • Now

Live/Work Space is perfect for living and working. This office features a spacious front room with a fireplace, one bedroom, and a large deck.

Space Size Space Use Condition Available
2nd Fl-Ste 201 1,289 SF Office - Now
2nd Fl-Ste 202 1,275 SF Office - Now
2nd Fl-Ste 203/205 1,439 SF Office - Now
2nd Fl-Ste 207 3,055 SF Office - Now
3rd Fl-Ste 301 1,387 SF Office - Now
3rd Fl-Ste 302 1,531 SF Office - Now
3rd Fl-Ste 303 1,915 SF Office - Now
3rd Fl-Ste 304 1,319 SF Office - Now

2nd Fl-Ste 201

Size
1,289 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 202

Size
1,275 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 203/205

Size
1,439 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 207

Size
3,055 SF
Space Use
Office
Condition
-
Available
Now

3rd Fl-Ste 301

Size
1,387 SF
Space Use
Office
Condition
-
Available
Now

3rd Fl-Ste 302

Size
1,531 SF
Space Use
Office
Condition
-
Available
Now

3rd Fl-Ste 303

Size
1,915 SF
Space Use
Office
Condition
-
Available
Now

3rd Fl-Ste 304

Size
1,319 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 201

Size 1,289 SF
Space Use Office
Condition -
Available Now

This office space features an open floor plan with large windows overlooking Main Street, filling the area with natural light. The suite includes a private restroom with a shower and a small storage or printer room for with a wet bar and sink added convenience.

2nd Fl-Ste 202

Size 1,275 SF
Space Use Office
Condition -
Available Now

Sleek office space featuring one private office, a conference/break room, and an open bullpen area. Includes a wet bar with a sink, full-size refrigerator, and mini beverage fridge. Exposed beam ceilings and large windows provide abundant natural light. Conveniently located near the elevator and exit stairs.

2nd Fl-Ste 203/205

Size 1,439 SF
Space Use Office
Condition -
Available Now

2nd Fl-Ste 207

Size 3,055 SF
Space Use Office
Condition -
Available Now

This versatile office suite features an open bullpen layout ideal for multiple employee workstations. The suite includes two private offices, a spacious conference room, a dedicated data/server room, and a breakroom equipped with a kitchenette. Tenants will also enjoy access to a private deck—perfect for fresh air or informal meetings.

3rd Fl-Ste 301

Size 1,387 SF
Space Use Office
Condition -
Available Now

3rd Fl-Ste 302

Size 1,531 SF
Space Use Office
Condition -
Available Now

This office suite features a modern glass-enclosed conference room, providing a bright and professional setting for meetings and collaboration. It includes two versatile private offices that can be used as executive offices or individual workstations, offering flexibility to suit your business needs. The suite also includes a dedicated copy/storage room for added convenience and organization.

3rd Fl-Ste 303

Size 1,915 SF
Space Use Office
Condition -
Available Now

Stylish and flexible live/work space designed for professionals, creators, and entrepreneurs! Ditch the commute and build your business where you live. Enjoy a sleek kitchen with full appliances, cozy fireplace, sunny private deck, and a large open space perfect for a studio, office, or light production. Includes a private office or bedroom, in-suite bathroom with shower, and access to a washer/dryer. Secure building with private garage parking.

3rd Fl-Ste 304

Size 1,319 SF
Space Use Office
Condition -
Available Now

Live/Work Space is perfect for living and working. This office features a spacious front room with a fireplace, one bedroom, and a large deck.

Walk Score®
Walker's Paradise (96)
Bike Score®
Very Bikeable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4289-021-012
Land Assessment
$1,433,856
Improvements Assessment
$3,578,946
Total Assessment
$5,012,802
  • Listing ID: 31784997

  • Date on Market: 5/13/2024

  • Last Updated:

  • Address: 2110 Main St, Santa Monica, CA 90405

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