2001 Santa Monica BlvdSanta Monica, CA 90404

Property Details for 2001 Santa Monica Blvd

Year built

1976

Construction

STEEL FRAME

Lot size

0.62 AC

Property size (Sq ft)

152,620 SF

Zone code

SMCP5*

Property type

Healthcare properties

Property subtype

Medical offices

APN

4276-027-015

APU

4276027015

Description

This exceptional medical office building, located at 2001 & 2021 Santa Monica Boulevard in the heart of Santa Monica, California (zip code 90404), offers a unique opportunity for healthcare professionals. The twelve-story building boasts a total of 22,848 square feet of entirely vacant, modern medical office space, currently available for lease. Suites are divisible to a minimum of 677 square feet, with a maximum contiguous space of 4,014 square feet, providing flexibility for practices of various sizes. The building's convenient location in Los Angeles County ensures easy access for patients and staff. Ample parking is provided, with a ratio of 4.2 spaces per 1,000 square feet. This is a rare chance to secure prime medical office space in a highly desirable and established Santa Monica location. The property is classified as a multi-tenant office building, offering a vibrant and collaborative environment. The address is easily accessible and benefits from high visibility. This presents an excellent opportunity for a medical practice seeking a prestigious and well-equipped space to thrive. Contact us today to learn more about leasing options and to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $37,940,500

  6.5%

  $35,022,000

  7%

  $32,520,428

• Comparable approach

  Method

  Valuation

  Relative Method

  $28,964,444

  Geo Method

  $29,022,220

• Alternative Use

  Use

  Valuation

  Residential

  $43,427,280

  Hospitality

  $39,779,156

  Educational

  $33,095,790

  Medical

  $34,234,004

  Retail

  $51,482,340

Location Insight

City

Santa Monica

County

Los Angeles

State

California

Latitude

34.03

Longitude

-118.481

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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