2108 Pico BlvdSanta Monica, CA 90405

Property Details for 2108 Pico Blvd

Year built

1948

Construction

WOOD

Lot size

0.10 AC

Property size (Sq ft)

5,624 SF

Zone code

SMC4*

Property type

Office properties

Property subtype

Office buildings

APN

4273-004-002

APU

4273004002

Description

This exceptional Santa Monica creative office campus, located at 2108-2116 Pico Boulevard (90405), offers 11,625 square feet of versatile space ideal for music professionals. The property consists of two, two-story buildings situated on a 13,495 square foot lot, zoned SMC4. The campus is designed to foster creativity and collaboration, featuring a state-of-the-art recording studio and numerous spaces perfectly suited for producers, engineers, mixers, composers, and musicians. The multi-bay facility provides ample room for various creative endeavors. This unique property presents a rare opportunity to acquire a turn-key facility in a highly desirable and affluent Southern California submarket. The welcoming environment is designed to inspire and support the creative process, offering a sanctuary for those seeking an exceptional workspace. The property's location in Santa Monica, California, provides easy access to major transportation routes and amenities. This is a truly unique opportunity for a business seeking a high-quality, purpose-built space in a prime location. The property's Class B designation reflects its well-maintained condition and functional design.

• CAP approach

  CAP return

  Valuation

  6%

  $1,382,887

  6.5%

  $1,276,512

  7%

  $1,185,332

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,067,657

  Geo Method

  $1,069,460

• Alternative Use

  Use

  Valuation

  Residential

  $1,582,874

  Hospitality

  $1,449,904

  Educational

  $1,206,303

  Medical

  $1,247,790

  Retail

  $1,876,472

Location Insight

City

Santa Monica

County

Los Angeles

State

California

Latitude

34.02

Longitude

-118.468

CBSA code

31080

CBSA name

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

Property Tax & Assessments

FAQs

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