1414 Wilshire Boulevard Santa Monica, CA 90403

0 Bedroom, Retail

  • Commercial
MLS: #SB18136651
$3,950,000
COMMENTS
1414 Wilshire Blvd is a prime retail building in Santa Monica consisting of 3, 250 SF (not including mezzanine space) and is situated on approximately 5, 000 SF of land. Comprised of three (3) tenants (with single tenant opportunity to combine units), this property is exceptionally located on the busy thoroughfare of Wilshire Blvd. Just blocks from the 3rd Street Promenade, this property is in close proximity to many other retailers, restaurants, and entertainment options -- making it a highly sought after location. Boasting traffic counts that exceed 30, 000 vehicles per day (VPD) to go along with its exceptional walk score of 91, the property receives a great deal of exposure to potential customers. Given its magnificent location and market CAP rate potential of 3.50%+, this is a great opportunity for any investor looking to expand their portfolio and acquire prime Santa Monica real estate.

Property Features

  • Property Type: Retail
  • Price per Sqft: $1215
  • Year Built: 1950
  • Lot Size: 4,998 SqFt
  • Lot Features: Corner Lot
  • Dryer: 0
  • County: Los Angeles
  • Area: C14 - Santa Monica

Location

Directions: On Wilshire Blvd near the intersection of 14th St

Listing courtesy of Lyon Stahl Investment Real Estate, Inc.
Based on information from California Regional Multiple Listing Service, Inc. 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, 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.

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