Get the App

817 Wilshire Boulevard, Santa Monica, CA 90401

Commercial property

817 Wilshire Boulevard, Santa Monica, CA 90401 Sold July 2023 CRMLS
$5,800,000Sold July 2023

Listing Agent: Carl Lambert (DRE #00860625) · Listing Office: Lambert Investments, Inc. · Contact: 310-453-9656 · Bought with: Francyne Lambert · Lambert Investments, Inc. · MLS #23251988 · Source: CRMLS

10,499
Building Sq Ft
8
Units
3.42%
Cap Rate
$212,129
NOI
7,479 sqft
Lot Size
1996
Year Built
SMC6*
Zoning
Commercial property
Type

About this commercial property

This property is in one of the most desirable rental areas in California and the United States. RARE MIXED USE ASSET. Commercial, Retail and Residential. A TRUE LIVE/WORK OPPORTUNITY. ONLY 8 BLOCKS FROM THE OCEAN. Santa Monica is known for its beautiful beaches, shops, restaurants, and evolving employment hubs. Home to the world-renown Santa Monica Pier, the City supports a growing, vibrant, and diverse community. The rental market is continuing to grow and thrive as tech giants expand to Silicon Beach. Headquarters to many high-profile entertainment and corporate firms, Santa Monica is also close to the neighboring communities of prime West Los Angeles, Brentwood, Westwood, Pacific Palisades, Venice Beach, Marina Del Rey, Playa Del Rey and Playa Vista. The property is particularly well-positioned on busy Wilshire Boulevard, close to Santa Monica College and part of the Santa Monica Malibu Unified School District. Walk Score 93 Bike Score 96 PLEASE SEE OFFERING MEMORANDUM FOR MORE DETAILS AND INFORMATION.

Listing description from the July 2023 sale, as reported to CRMLS.

Sale history

$5,800,000
Sold July 2023 · listed $6,195,000, on market March 2023 · MLS #23251988 · Source: CRMLS
Listing Agent: Carl Lambert · Listing Office: Lambert Investments, Inc. · Contact: 310-453-9656 · Bought with: Francyne Lambert · Lambert Investments, Inc.
See homes for sale in Santa Monica Open the Nalren App

Explore Santa Monica