701 Santa Monica Boulevard
701 Santa Monica Boulevard, Santa Monica, CA 90401
Marketing description
This trophy asset consists of an 18,450 RSF building (42,658 Gross SF) sitting on one of the most prized pieces of real estate in Los Angeles. In addition to the remarkable location, benefits include exceptional demographics, a signalized corner and the unique identity of downtown Santa Monica. Property can be delivered vacant at the close of escrow.
A beachside city of 8.5 square miles on the westside of Los Angeles County, Santa Monica offers an environment of unparalleled natural beauty. Home to a mix of residential communities, commercial districts, and recreational venues, Santa Monica was recently named by National Geographic as one of the Top "10 Beach Cities in the World" and by TIME as one of the "Best Places to Live." With three miles of Pacific beaches and the historic Pier, Santa Monica attracts over 16 million visitors annually.
Investment highlights
- Excellent opportunity to purchase a trophy pride of ownership asset in Santa Monica
- Unique opportunity to own and occupy the entire building.
- All tenant leases expire in the next 2 years allowing for an owner to escalate the rents from their current sub market rates or to occupy.
- Office Tenant is currently Month to Month.
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