1649 11Th StSanta Monica, CA 90404

Property Details for 1649 11Th St

Year built

1957

Construction

WOOD

Lot size

0.17 AC

Property size (Sq ft)

5,605 SF

Zone code

SMM1*

Property type

Retail properties

Property subtype

Other retail properties

APN

4283-006-013

APU

4283006013

Description

This exceptional 7,500 sq ft creative office building in Santa Monica presents a unique owner-user opportunity or investment potential. Located at 1649 11th Street, this Class B property boasts two buildings on a 7,511 sq ft lot, built in 1957 and zoned M1-IC (Industrial Conversion). The property features six parking spaces and is conveniently located near the I-10 freeway, PCH, and the Metro Line, with easy access to downtown Santa Monica's shops and stores. Previously used as headquarters for a digital and live-action studio, the building is fully equipped with built-out editorial suites, a green screen room, shooting stage, digital workstations, and a 5.1 recording studio with superior sound treatment. Above-standard power, AC output, and technological capabilities have supported over 1,000 hours of television production and content creation for major brands. The flexible layout, with multiple open spaces and office components, allows for customization to create a unique company environment. The asking price is $5,950,000, with a price per square foot of $793. The property is currently vacant, offering immediate occupancy for a new owner. This is an ideal location for an influencer, AI startup, video game company, advertising agency, animation studio, or other creative office user. The APN is 4283-006-013.

• CAP approach

  CAP return

  Valuation

  6%

  $2,010,744

  6.5%

  $1,856,071

  7%

  $1,723,495

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,681,968

  Geo Method

  $2,685,934

• Alternative Use

  Use

  Valuation

  Residential

  $1,565,666

  Hospitality

  $1,434,141

  Educational

  $1,193,189

  Medical

  $1,234,224

  Retail

  $1,856,071

Location Insight

City

Santa Monica

County

Los Angeles

State

California

Latitude

34.0183

Longitude

-118.484

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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