427 Wilshire Boulevard
427 Wilshire Boulevard, Santa Monica, CA 90401
Marketing description
The property, originally constructed in 1956, has undergone significant renovations and improvements over the years, specifically by the current owner-occupant over the past decade. It presents a new owner-user with the unique opportunity to occupy a fully standalone property in the heart of Santa Monica along Wilshire Boulevard as either an office or retail user. For an investor, it offers the flexibility to attract all prospective commercial Santa Monica tenants across various business types.
CBRE is pleased to present the opportunity to acquire the real property and all improvements thereon located at 427 Wilshire Boulevard and the adjacent accompanying 24-space parking lot located at 1148 5th Street in Santa Monica, California (the "Property"). The two parcels—including the 4,888 RSF single-story standalone building on Wilshire and the 7,502 SF parking lot directly to the north—will be delivered unencumbered and free of any leases, combining to offer 12,500 SF of land.
Investment highlights
- Excellent opportunity to purchase a well-located office and/ or retail property with quality interior improvements.
- Located in one of the top performing office and retail markets in Greater Los Angeles.
- With nearly 5 parking spaces per one thousand square feet, the property features unmatched on-site parking for a single-story standalone property along Wilshire Boulevard in Downtown Santa Monica.
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
