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3017 Santa Monica Blvd 10,659 SF 100% Leased Office Building Santa Monica, CA 90404 $3,995,000 ($374.80/SF)
EXECUTIVE SUMMARY
Avison Young is pleased to present 3107 Santa Monica Boulevard, a premier opportunity for an owner-user or value-add investor to acquire a well-located office property at an attractive price per square foot. This distinctive building offers two floors of office space and a penthouse above ground-level tuck-under parking, featuring a unique architectural design with exterior hallways that provide abundant natural light. The third floor has been largely gutted, creating a blank canvas for customization, while the second-floor tenants are on month-to-month or short-term leases, allowing for immediate repositioning. The current owner has secured design renderings showcasing a modernized interior and exterior concept, complete with a rooftop deck. Ideally situated in Santa Monica, this property presents an exceptional opportunity to create a bespoke business environment with significant potential for added value and long-term appreciation.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
10,659 SF
Building Class
C
Year Built
1972
Price
$3,995,000
Price Per SF
$374.80
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,553 SF
Slab To Slab
11’
Building FAR
1.44
Lot Size
0.17 AC
Zoning
C4, Santa Monica - Commercial
Parking
30 Spaces (2.81 Spaces per 1,000 SF Leased)
AMENITIES
- Skylights
- Air Conditioning
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Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (87)
PROPERTY TAXES
| Parcel Number | 4267-012-004 | Improvements Assessment | $167,645 |
| Land Assessment | $1,149,670 | Total Assessment | $1,317,315 |
PROPERTY TAXES
Parcel Number
4267-012-004
Land Assessment
$1,149,670
Improvements Assessment
$167,645
Total Assessment
$1,317,315
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3017 Santa Monica Blvd
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