$8,200,000
FOR SALEActive7998 Santa Monica Boulevard
Los Angeles CA 90046
6,622
SF
Commercial
Type
1955
Built
$1,238/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
WESTMAC Commercial Brokerage Company is pleased to present 7990 & 7998 Santa Monica Boulevard, two adjacent commercial buildings prominently located along iconic Santa Monica Boulevard in the heart of West Hollywood. The property presents a rare 100% leased investment opportunity within one of Los Angeles' most desirable retail corridors, featuring NNN leases, exceptional visibility, prominent street frontage, and strong pedestrian and vehicular exposure. Anchored by an established roster of food, beverage, retail, and media tenants, including Ggiata Delicatessen and Irv's Burgers, the property offers diverse in-place income streams in a highly desirable commercial location. The surrounding neighborhood features restaurants, cafs, boutique retailers, entertainment venues, and residential communities that generate consistent activity throughout the day. Opportunities to acquire adjacent commercial properties in this premier West Hollywood submarket are limited, making this a compelling opportunity for investors seeking a presence in one of Southern California's most sought-after commercial corridors.
Property Information
Property Overview
Commercial
Property Type
Active
Status
WDC2A*
Zoning
0.2171 acres
Lot Size
7
Total Units
6,622 SF
Square Footage
$1238.30/SF
Price per SF
5.38%
Cap Rate
$441K
NOI
1,955
Year Built
1
Stories
Property Highlights
N/A Property
Prime Location with High Visibility
5.38% Cap Rate
Location Analysis
Building Details
Zoning & Use
Investment Metrics
5.38%
Cap Rate
$440,994
NOI
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CRMLS
MLS# 26997997
Listed:
Nalren refreshed:
Last updated
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Listed by: Timothy C. Macker Jr.
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.