1718 20Th StSanta Monica, CA 90404

This exceptional Santa Monica property, located at 1718-1720 20th Street, presents a unique investment opportunity. The 7,762 square foot building sits on a 14,480 square foot lot and boasts a prime location with high visibility at the nexus of the 10 Freeway and 20th Street. Built in 1949, this two-story structure currently houses a mix of tenants, including an auto body shop on the ground floor and five office suites on the second floor. Ample parking is available for approximately twenty vehicles. The property is zoned IC (Industrial Conservation), offering significant flexibility for redevelopment. Permitted uses include creative office space, media production facilities, car dealerships, R&D, self-storage, and even 100% affordable housing. This presents a rare chance to capitalize on the thriving Santa Monica market, known for its technology, entertainment, and media industries. The property's location offers excellent access to public transportation, including the Metro Expo Line, Pacific Coast Highway, and the 10 Freeway. The asking price is $10,750,000, translating to $1,384.95 per square foot. This is a compelling investment for owner-users or investors seeking a high-potential redevelopment project in one of Southern California's most desirable locations.