1414 Wilshire Boulevard, Santa Monica, CA 90403

0 beds 0 baths 0 sq.ft.

Offerered at: $3,850,000.00

County: Los Angeles
Year Built: 1950

Property Description

1414 Wilshire Blvd is a prime retail building in Santa Monica consisting of 3,250 SF (not including mezzanine space) and is situated on approximately 5,000 SF of land. Comprised of three (3) tenants (with single tenant opportunity to combine units), this property is exceptionally located on the busy thoroughfare of Wilshire Blvd. Just blocks from the 3rd Street Promenade, this property is in close proximity to many other retailers, restaurants, and entertainment options -- making it a highly sought after location. Boasting traffic counts that exceed 30,000 vehicles per day (VPD) to go along with its exceptional walk score of 91, the property receives a great deal of exposure to potential customers. Given its magnificent location and market CAP rate potential of 3.50%+, this is a great opportunity for any investor looking to expand their portfolio and acquire prime Santa Monica real estate.

ESSENTIAL INFO

  • Status: Active