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2939 Nebraska Ave 26,749 SF Office Building Santa Monica, CA 90404 $12,775,000 ($477.59/SF)
Investment Highlights
- Excellent opportunity to purchase a property that is well positioned for a creative office conversion in the heart of Santa Monica’s Media District.
- The Property is currently vacant. Ample on-site parking. Located in the Bergamot Area Plan - MUC.
Executive Summary
Excellent opportunity to purchase a property that is well positioned for a creative office conversion in the heart of Santa Monica’s Media District. Excellent Owner User or Investor Opportunity. Property is currently vacant. Located in the Bergamot Area Plan - MUC.. 52 parking spaces. Great accessibility to the 10 and 405 Freeways as well as the
26th St./Bergamot Metro Station which is located 0.4 miles from the Property.
26th St./Bergamot Metro Station which is located 0.4 miles from the Property.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
26,749 SF
Building Class
C
Year Built
1960
Price
$12,775,000
Price Per SF
$477.59
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
13,375 SF
Building FAR
0.81
Lot Size
0.76 AC
Zoning
M2YYSM - SMLMSD**
Bergamot Area Plan - MUC (“Mixed Use Creative”) with partial Pedestrian-Priority Corridor
Parking
50 Spaces (1.87 Spaces per 1,000 SF Leased)
1 1
Very walkable
80/100
Very drivable
80/100
Good public transit
60/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 4268-003-008 | Improvements Assessment | $1,847,139 |
| Land Assessment | $8,496,855 | Total Assessment | $10,343,994 |
Property Taxes
Parcel Number
4268-003-008
Land Assessment
$8,496,855
Improvements Assessment
$1,847,139
Total Assessment
$10,343,994
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2939 Nebraska Ave
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