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Investment Highlights

  • Fully Entitled Development Opportunity In Downtown Santa Monica
  • Walkability & Transit
  • Epicenter of Southern California's Most Dominant Employment Hubs
  • Highly Amenitized, Walkable & Vibrant Location
  • Exceptional Accessibility to the Westside
  • Current improvements consist of 10,000 SF of vacant retail space

Executive Summary

CBRE, as exclusive advisor, is pleased to present 700 Santa Monica Boulevard (“the Property,” or “Site”), a 99-unit, fully entitled multifamily development opportunity located in the heart of Downtown Santa Monica, California.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,000 SF
Building Class
B
Year Built
1923
Tenancy
Single
Building Height
1 Story
Building FAR
0.66
Lot Size
0.35 AC
Zoning
SMC3 - Commercial
Moderately walkable
70/100
Very drivable
80/100
Strong public transit
80/100
Moderately bikeable
70/100

Nearby Major Retailers

Orangetheory Fitness
Row House
Barry's
Blue Bottle Coffee
Trader Joe's
Capital One
Banc of California
Chase Bank
Citi
Silicon Valley Bank

Property Taxes

Property Taxes

Parcel Number
4291-021-027
Land Assessment
$13,254,487
Improvements Assessment
$10,612
Total Assessment
$13,265,099
  • Listing ID: 39628596

  • Date on Market: 3/2/2026

  • Last Updated:

  • Address: 700 Santa Monica Blvd., Santa Monica, CA 90401

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