1801 Wilshire BlvdSanta Monica, CA 90403

  • Retail properties
  • 31,253 SF
For Lease

Property Details for 1801 Wilshire Blvd

Year built
1979
Lot size
2.10 AC
Property size (Sq ft)
31,253 SF
Zone code
SMC6*
Property type
Retail properties
Property subtype
Community centers
APN
4276-009-036
APU
4276009036

Description

This exceptional medical office building, located at 1801-1831 Wilshire Boulevard in Santa Monica, California, offers a total of 36,944 square feet of prime space. Currently, there are 33,276 square feet of vacant, leasable space available, perfect for a variety of medical practices. The building offers flexible suite sizes, with a minimum divisible space of 626 square feet and a maximum contiguous space of 5,570 square feet, catering to practices of all sizes. The building is conveniently located in Los Angeles County, with easy access to major transportation routes. Ample parking is provided, with a ratio of 4 spaces per 1,000 square feet. The property is classified as a multi-tenant building, offering a vibrant and collaborative environment. This is a unique opportunity to secure high-quality medical office space in a desirable Santa Monica location, within the 90403 zip code. The property is available for lease and presents an excellent opportunity for growth and expansion. The building's address is 1801-1831 Wilshire Blvd. Contact us today to learn more about leasing opportunities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,378,460
    6.5%
    $10,503,194
    7%
    $9,752,966
  • Comparable approach

    Method
    Valuation
    Relative Method
    $14,948,285
    Geo Method
    $14,976,538
  • Alternative Use

    Use
    Valuation
    Residential
    $8,859,837
    Hospitality
    $8,115,563
    Educational
    $6,752,054
    Medical
    $6,984,267
    Retail
    $10,503,194
1801 Wilshire Blvd, Santa Monica, California

Location Insight

City
Santa Monica
County
Los Angeles
State
California
Latitude
34.0306
Longitude
-118.485
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$563,256
$14,737,711
$32,891,901
$47,629,612
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FAQs

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