2901 Wilshire BlvdSanta Monica, CA 90403

Property Details for 2901 Wilshire Blvd

Year built

1964

Construction

STEEL FRAME

Lot size

0.51 AC

Property size (Sq ft)

45,881 SF

Zone code

SMC6*

Property type

Medical offices

Property subtype

Medical centers

APN

4266-009-039

APU

4266009039

Description

This exceptional commercial property at 2901 Wilshire Boulevard in Los Angeles County offers a unique opportunity for multiple tenants. The building currently features nine total suites, with three immediately available for lease. The available spaces cater to a variety of medical and professional uses. Two fully equipped and turnkey-ready dental suites are ready for immediate occupancy, eliminating the need for extensive build-out and saving valuable time and resources. Additionally, a fully functional physical therapy suite is available, complete with necessary equipment and infrastructure. Finally, a smaller medical office space is also available, providing flexibility for a range of medical practices or other professional services. The property is categorized as both office and land, though the total building square footage is currently listed as zero. This suggests potential for future development or expansion, depending on the needs and vision of the tenant(s). The multiple tenancy structure allows for a diverse range of businesses to coexist within the building, creating a vibrant and collaborative environment. This prime Wilshire Boulevard location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a prestigious address in a thriving area of Los Angeles. Interested parties are encouraged to inquire for further details and lease terms. The property is situated in Los Angeles County.

• CAP approach

  CAP return

  Valuation

  6%

  $11,675,100

  6.5%

  $10,777,015

  7%

  $10,007,229

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,701,594

  Geo Method

  $8,724,731

• Alternative Use

  Use

  Valuation

  Residential

  $13,363,499

  Hospitality

  $12,240,893

  Educational

  $10,184,280

  Medical

  $10,534,533

  Retail

  $15,842,213

Location Insight

City

Santa Monica

County

Los Angeles

State

California

Latitude

34.0387

Longitude

-118.475

CBSA code

31080

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].