Active

2709 Santa Monica Boulevard

Santa Monica CA, 90404

$3,599,000


$819.26 per sqft

Active

4,393 sqft

Commercial

Built in 1946

Listed by Victoria Risko with The Beverly Hills Estates 310-626-4248

*Incredible opportunity to reposition this excellent asset or to redevelop entirely. *Set on an oversized lot of 7,500sf that measures 50 feet of frontage along Santa Monica Blvd and 150 deep with rear alley access. *Highly visible location - Over 30K cars each day drive along Santa Monica Blvd *Access to major tech employers, close proximity to Brentwood and West LA, along with all the world class attractions of Santa Monica Three separate buildings on site. Single story building that fronts SM Blvd is comprised of two side by side commercial units (month to month/ appx 1,500sf), a detached commercial unit with loft (month to month, appx 1,500sf ) and a rear building that is residential with three units totaling about 1,470sf (a 2/1, 1/1 and studio). All residential units on month to month. This property affords the buyer an opportunity to immediately reposition a stabilized asset as all the commercial leases are month to month. This works for an owner user or for an investor. Additionally, one can redevelop into a mixed use property and take advantage of density bonuses from the City of SM.

24358819

MLS ID

February 15, 2024

Listed

April 25, 2024

Updated

Map

2709 Santa Monica Boulevard
Santa Monica CA, 90404

Interior Features

Total Stories

0


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.17 Acres

Other Property Details

Area Name

C14 - Santa Monica


Days on Market

70


Garage

No


Parking Total

0


View

No


County

Los Angeles


Pool

No


Zoning

SMC4*


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

4/25/2024

Price Change

$3,599,000

-10%

Listing Contact: 310-626-4248 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/25/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 4/25/2024 at 5:12 PM UTC

 

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