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1143 19th St
Santa Monica, CA 90403

1901 Wilshire Blvd & 1143 19th St · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
8,008 SF
Building Class
C
Year Built
1938
Tenancy
Single
Number of Floors
1
Building FAR
0.76
Lot Size
0.24 AC
Zoning
MUB - Uses by right, include but not limited to multifamily residential, elderly and long-term care, senior housing, hospice, and hospitals.
Frontage
70 ft on Wilshire Boulevard

About 1143 19th St , Santa Monica, CA 90403

Marcus & Millichap has been selected to exclusively market for sale 1901 Wilshire Blvd & 1143 19th, iconically located at the corner of Wilshire Boulevard and 19th St in the highly sought-after City of Santa Monica. Situated on Wilshire Boulevard, one of Southern California’s busiest arterial thoroughfares, the Properties offer premiere exposure with 70 Feet of frontage along Wilshire Boulevard on a corner Lot. Santa Monica is among the top luxury destinations in the world, and this irreplaceable location can put an Owner-User or Investor in the heart of one of the most famously known destinations for celebrities, wealthy residents, and tourists alike. The city has become a haven for the rich and famous due to its unique boutiques and trendy nightlife, while placed directly adjacent to the Pacific Ocean. 1901 Wilshire is located 1 mile away from the 3rd Street Promenade, one of the premier shopping and dining destinations on the West Coast. 1901 Wilshire Boulevard offers the unique opportunity to acquire one of the most impressive storefront locations in Southern California. 1901 Wilshire Boulevard is a 1 story ±8,008 square foot storefront retail building, and 1143 19th St is a ±7,200 square foot, 22 spot parking lot directly behind. Coupled by the high-end neighborhood & World Class Location, these properties make for an ideal flagship site for a high-end tenant or an upscale mixed-use development. There is tremendous potential as current rent in the area has created an affluent community surrounding Santa Monica, making this an ideal time to purchase property along Wilshire Boulevard. Upon the completion of the surrounding developments and continuing improvements to the immediate area, the rental market will experience significant growth and offer outstanding long-term returns for investors. There has been a significant amount of movement and turnover within the marketplace, creating an opportunity for new concepts to enter the market and position this submarket for the future. With no long-term lease commitments and two month-to-month tenants, this Property offers investors or owner-users countless possibilities for the future.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4276-008-010
Land Assessment
£4,052,793
Improvements Assessment
£7,613
Total Assessment
£4,060,406
  • Listing ID: 13107156

  • Date on Market: 09/07/2018

  • Last Updated:

  • Address: 1143 19th St, Santa Monica, CA 90403

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