1438-1444 9th St
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1438-1444 9th St
19,238 SF Office Building Santa Monica, CA 90401 £11,020,639 (£573/SF)
Investment Highlights
- GREAT OWNER-USER OPPORTUNITY
- TERRIFFIC SANTA MONICA LOCATION
- PARKING FOR 45 CARS IN A SECURE SUBTERRANEAN PARKING GARAGE
- PERFECT FOR A VAREITY OF LIGHT INDUSTRIAL, FLEX OR OTHER COMMERCIAL USERS
- WITHIN CLOSE PROXIMITY TO DOWNTOWN SANTA MONICA, WEST LA, THE 10 FREEWAY AND THE EXPO LIGHT RAIL
- ALLEY ACCESS / 2 LOADING DOORS IN THE REAR OF THE PROPERTY
Executive Summary
GREAT OWNER-USER OPPORTUNITY
- Great building for an owner-user to own and control their facility.
- Perfect for a combination office/light industrial use, flex or other commercial/industrial uses.
- Owner can occupy approximately 80% of the property at close of escrow which includes approximately 9,500 sf of second floor office area and approximately 6,000 sf of
ground floor warehouse/flex area.
- Building is perfect for a variety of light industrial, flex, office, studio or other uses.
PROPERTY HIGHLIGHTS
- Property consists of an elevator served two story office/industrial/flex building with one level of subterranean parking. The majority of parking is located in a secure,
subterranean - parking garage. Parking for 45 cars. Additional street parking is available.
- Open air second floor patio/deck area
- Two partial dock high loading doors in the rear of the property
- Alley access.
EXCELLENT LOCATION
- Located in the highly desirable Submarket of Santa Monica with close proximity to the 10 Freeway, Downtown Santa Monica, West
L.A. and The Expo Rail Line.
- Highly desirable community with a dense residential population surrounding the subject property. Building is situated on the West side of 9th Street just North of Broadway
providing convenient access to Third Street Promenade.
- Numerous brand new mixed use developments in close proximity to the subject property
- Many popular restaurants and retail establishments within close proximity to the subject property including Vons, Walgreens, UCLA Medical Center, Kaiser Permanente, Santa
Monica Lexus, Starbucks, and more.
- Great building for an owner-user to own and control their facility.
- Perfect for a combination office/light industrial use, flex or other commercial/industrial uses.
- Owner can occupy approximately 80% of the property at close of escrow which includes approximately 9,500 sf of second floor office area and approximately 6,000 sf of
ground floor warehouse/flex area.
- Building is perfect for a variety of light industrial, flex, office, studio or other uses.
PROPERTY HIGHLIGHTS
- Property consists of an elevator served two story office/industrial/flex building with one level of subterranean parking. The majority of parking is located in a secure,
subterranean - parking garage. Parking for 45 cars. Additional street parking is available.
- Open air second floor patio/deck area
- Two partial dock high loading doors in the rear of the property
- Alley access.
EXCELLENT LOCATION
- Located in the highly desirable Submarket of Santa Monica with close proximity to the 10 Freeway, Downtown Santa Monica, West
L.A. and The Expo Rail Line.
- Highly desirable community with a dense residential population surrounding the subject property. Building is situated on the West side of 9th Street just North of Broadway
providing convenient access to Third Street Promenade.
- Numerous brand new mixed use developments in close proximity to the subject property
- Many popular restaurants and retail establishments within close proximity to the subject property including Vons, Walgreens, UCLA Medical Center, Kaiser Permanente, Santa
Monica Lexus, Starbucks, and more.
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
19,238 SF
Building Class
B
Year Built
1980
Price
£11,020,639
Price Per SF
£573
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
9,500 SF
Building FAR
1.30
Land Acres
0.34 AC
Zoning
R3 - Santa Monica R3 Zoning. Building operating under a C.U.P. in perpetuity.
Parking
45 Spaces (2.37 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Natural Light
- Balcony
1 of 1
Walk Score ®
Very Walkable (88)
Transit Score ®
Excellent Transit (76)
Bike Score ®
Biker's Paradise (96)
PROPERTY TAXES
| Parcel Number | 4282-027-034 | Improvements Assessment | £1,546,648 |
| Land Assessment | £5,799,947 | Total Assessment | £7,346,595 |
PROPERTY TAXES
Parcel Number
4282-027-034
Land Assessment
£5,799,947
Improvements Assessment
£1,546,648
Total Assessment
£7,346,595
-
Justin Altemus -
The Altemus Company
(310) 478-7729
x138
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1438-1444 9th St
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