7748 Santa Monica Blvd 2,247 SF 31% Leased Retail Building West Hollywood, CA 90046 $1,900,000 ($845.57/SF)

Matthew Luchs and John Lally of Zacuto Group are pleased to exclusively present 7748 Santa Monica Boulevard, a 31% occupied ±2,247 square foot mixed-use commercial property situated on ±3,095 square feet of land, just blocks from the signalized intersection of N Fairfax Avenue and Santa Monica Boulevard in West Hollywood, California.
The property consists of a highly visible single-story retail building along Santa Monica Boulevard with a separate two-story residential unit located at the rear of the parcel. The front retail space is occupied by Farm Coffee Cup, a popular neighborhood café known for organic single-origin coffee, ceremonial matcha, and fresh pastries. The space also features curated merchandise including P.F. Candle Co. and products from local LGBTQ+ makers. This location was home to Farm Coffee Cup’s original 1964 Citroën HY Van prior to the brand’s expansion into a brick-and-mortar presence, further reinforcing its strong local following and brand identity.
The retail component is structured on a NNN lease, shifting operating expenses to the tenant and providing predictable, low-management cash flow. Between the retail and residential components is a state-of-the-art creative office and patio area, offering an inspiring and flexible environment for an owner-user or tenant seeking a boutique workspace.
At the rear of the parcel is a detached two-story apartment unit consisting of a two-bedroom, one-bath layout. The unit is currently leased on a month-to-month basis and can be delivered vacant at closing, creating meaningful upside through renovation and repositioning to market rents.
The property is projected to generate $153,174 in annual scheduled base rent, with average rents of approximately $5.68 per square foot per month. The retail lease has approximately 6.66 years remaining, positioning the asset as a stable long-term investment with built-in income security and future growth potential.
The property benefits from prominent frontage along Santa Monica Boulevard with exposure to approximately 45,000 vehicles per day, as well as strong pedestrian traffic driven by the surrounding dense and affluent residential neighborhoods. Within a two-mile radius, average household income exceeds $111,000, the population surpasses 164,000, and median home values exceed $1.1 million. Within a five-mile radius, the population approaches 875,000 with similarly strong income demographics. The asset is further supported by a public parking lot located one block east of the property.
West Hollywood’s retail and multifamily markets are characterized by high barriers to entry, strict zoning and development constraints, and consistently strong tenant demand, resulting in historically low vacancy rates. The Santa Monica Boulevard corridor in particular benefits from steady local spending, strong daytime traffic from commuters, and resilient retail fundamentals that continue to outperform broader Los Angeles market trends.