10231 Santa Monica Blvd

Welcome to an exceptional development opportunity in one of Los Angeles' most prestigious and sought-after locations. Situated on the iconic Santa Monica Boulevard, this property offers unparalleled potential for visionary developers and investors looking to create a landmark project in the heart of the city.
Property Highlights:
Location, Location, Location: Nestled in the bustling and vibrant heart of Los Angeles, this property enjoys prime frontage on Santa Monica Boulevard. It's just minutes away from world-class shopping, dining, and entertainment destinations in Beverly Hills, Century City, and Westwood.
Generous Lot Size: The property boasts a spacious lot, providing ample space for a variety of development possibilities. Whether you're considering a luxury condominium complex, a mixed-use development, or a high-end commercial project, this site offers the flexibility to bring your vision to life.
High Traffic Thoroughfare: Benefit from the constant flow of vehicle traffic along Santa Monica Boulevard. This prime location ensures maximum visibility and accessibility, making it an ideal spot for retail, dining, or residential development.
Zoning Potential: The property is located in a zone that supports diverse development options, subject to city approvals. Leverage the favorable zoning regulations to maximize the property's potential and create a landmark development that stands out in the Los Angeles skyline.
Proximity to Major Landmarks: Enjoy the convenience of being close to major landmarks and amenities, including the Westfield Century City mall, the University of California, Los Angeles (UCLA), and the world-renowned Rodeo Drive in Beverly Hills. This central location ensures a desirable living and working environment for future occupants.
Excellent Connectivity: The property is well-connected to major freeways and public transportation options, providing easy access to Downtown Los Angeles, Santa Monica, and the greater LA area. The nearby Metro Expo Line offers a convenient alternative for commuting and exploring the city.
Thriving Business Environment: Located in a dynamic business district, the property is surrounded by numerous corporate headquarters, entertainment studios, and financial institutions. This thriving business environment attracts professionals and creates a high demand for premium office and retail spaces.
High Income Demographics: The surrounding neighborhoods are known for their affluent residents and high disposable income levels. This makes the property an ideal location for luxury retail, upscale dining, and exclusive residential developments that cater to discerning clientele.
Cultural and Recreational Attractions: Future occupants will enjoy proximity to cultural and recreational attractions, including the Getty Center, the Los Angeles County Museum of Art (LACMA), and the beautiful beaches of Santa Monica. These amenities enhance the quality of life and offer endless entertainment options.
Potential for Iconic Architecture: Given its prime location and visibility, this property offers the potential to create an iconic architectural landmark. Developers have the opportunity to design a signature building that becomes a recognizable symbol of Los Angeles' modern urban landscape.
Development Potential:
Mixed-Use Development: The property’s versatile zoning supports mixed-use development, allowing for a combination of residential, commercial, and retail spaces. This can cater to the growing demand for urban living and working environments, creating a vibrant community hub.
Luxury Residential Complex: Capitalize on the high demand for upscale living in this affluent area by developing a luxury residential complex. With modern amenities, high-end finishes, and stunning architectural design, you can attract affluent buyers and renters looking for premium housing.
Commercial Office Space: Given the property's proximity to major business centers and entertainment studios, developing premium office spaces could attract top-tier companies and professionals. The strategic location ensures a high occupancy rate and premium rental income.
Retail and Dining Destination: Create a premier shopping and dining destination to serve the local and visiting clientele. With high foot traffic and visibility, this location is ideal for attracting high-end retailers and gourmet dining establishments.
Boutique Hotel: Leverage the location’s appeal and develop a boutique hotel that caters to tourists, business travelers, and visitors to nearby attractions. The property's prime location ensures consistent occupancy and premium rates.
Cultural and Community Spaces: Consider integrating cultural and community spaces such as art galleries, event venues, or public plazas. These spaces can enhance the community appeal and attract diverse crowds, contributing to the property's vibrancy and desirability.
Traffic Count:
High Visibility: Santa Monica Boulevard is a major arterial road in Los Angeles, known for its high traffic volumes. This location benefits from significant daily traffic, ensuring excellent visibility and exposure for any development.
Daily Traffic Count: The average daily traffic count for Santa Monica Boulevard in this area is approximately [insert specific traffic count], providing a steady stream of potential customers and visitors to the site.
Demographics:
Affluent Population: The property is located in an area with a high median household income, reflecting the affluence of the surrounding neighborhoods. This ensures a strong market for luxury goods, services, and residences.
Diverse Community: The area is home to a diverse and cosmopolitan population, including professionals, families, and students. This demographic diversity supports a wide range of commercial and residential development opportunities.
Educational Attainment: The surrounding community boasts a high level of educational attainment, with a significant percentage of residents holding college degrees and advanced professional qualifications. This educated demographic contributes to the demand for high-quality residential and commercial spaces.