Listed by Lee & Associates - Los Angeles - West
$4,790,000
431 Wilshire Blvd
Details
Property Type Retail
Sub Type Commercial
Square Footage 4,996
Tenancy Vacant
Price per SqFt $958
Year Built 1954
Acreage 0.110
Zoning C3
Parking Spaces 7 spaces
Parking Per SqFt 1.40
Retail | 4,996 SqFt
Marketing description
Lee & Associates is pleased to present 431 Wilshire Boulevard, a freestanding retail building located at the signalized intersection of Wilshire Boulevard and 5th Street in Downtown Santa Monica.
The property consists of approximately ±4,996 square feet plus ±1,000 square feet of mezzanine office space situated on a ±4,996 square foot parcel. Originally constructed in 1954, the building offers strong corner visibility, dual street frontage, and immediate proximity to the 3rd Street Promenade, Ocean Avenue, and surrounding residential density.
The asset is currently vacant, providing flexibility for an owner-user seeking long-term occupancy control or an investor looking to reposition and lease the property in one of Southern California’s most supply-constrained coastal markets.
Listing Contacts
Listed by Lee & Associates - Los Angeles - West
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