145-147 Bay St | Santa Monica, CA 90405
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145-147 Bay St
Santa Monica, CA 90405
1920 Main St · Office Property For Sale
Investment Highlights
- Excellent owner/user and investment opportunity with significant income upside for a high-end creative office and two mixed-use buildings.
- Property showcases a hybrid work-play environment with outdoor patio space, modern improvements, and beach vibes.
- Walkable to nearby retailers, fitness, and dining amenities on Main Street and attractions on the Santa Monica Pier.
- Proximity to the Metro Expo Line, Pacific Coast Highway, and the 10 Freeway for seamless connectivity throughout the greater Los Angeles area.
- Over 5 million visitors and counting visit Santa Monica annually, making it one of the Top 10 Beach Cities in the World (National Geographic).
- The City of Santa Monica has a robust and diversified economy, boasting a growing biotech sector, global wellness hub, and sustainable businesses.
Executive Summary
***Sale Price Just Reduced***
Beitler Commercial Realty Services is pleased to offer 145-147 Bay Street and 1920 Main Street in the heart of Santa Monica for sale. This prime investment and owner/user opportunity presents 17,569 square feet across three buildings embellished with high-end finishes. The site comprises 10,068 square feet of high-end creative office and two historical two-story mixed-use buildings totaling 7,500 square feet (each approximately 3,900 square feet and 3,700 square feet).
Ideally situated a block from Santa Monica Beach along Main Street in Downtown Santa Monica, the property gives way to unmatched walkability to nearby amenities and transit. Many shopping, dining, entertainment, health, and wellness conveniences are located a block from 145-147 Bay Street and 1920 Main Street. Public transit via the Metro Expo Line for the Big Blue Bus lies adjacent to the property, connecting auto-free travelers to the University of Los Angeles and Venice Beach. Easy to access, the offices are less than a mile from the Pacific Coast Highway and the 10 Freeway.
Santa Monica is a vibrant coastal city in Los Angeles County, California. It is known for its beautiful beaches, lively pier, excellent dining and shopping options, and Silicon Beach's bustling tech industry. With a pleasant year-round climate, Santa Monica has become a popular destination for tourists, residents, and businesses. The city has a diverse and thriving economy that attracts various businesses, from tech startups to established companies. The city's proximity to Los Angeles and other major Southern California cities makes it an ideal location for businesses looking to expand their reach. Additionally, Santa Monica is home to a highly educated and skilled workforce, thanks in part to several world-renowned universities in the area. This employee base and a strong local economy make Santa Monica an excellent place to establish and grow a business.
With its unique combination of construction types and visibility, the property offers tremendous flexibility to accommodate a variety of uses. The 145-147 Bay Street and 1920 Main Street property is a rare opportunity for buyers looking to own a historic landmark that fits seamlessly within Santa Monica's work-play standard of living.
Beitler Commercial Realty Services is pleased to offer 145-147 Bay Street and 1920 Main Street in the heart of Santa Monica for sale. This prime investment and owner/user opportunity presents 17,569 square feet across three buildings embellished with high-end finishes. The site comprises 10,068 square feet of high-end creative office and two historical two-story mixed-use buildings totaling 7,500 square feet (each approximately 3,900 square feet and 3,700 square feet).
Ideally situated a block from Santa Monica Beach along Main Street in Downtown Santa Monica, the property gives way to unmatched walkability to nearby amenities and transit. Many shopping, dining, entertainment, health, and wellness conveniences are located a block from 145-147 Bay Street and 1920 Main Street. Public transit via the Metro Expo Line for the Big Blue Bus lies adjacent to the property, connecting auto-free travelers to the University of Los Angeles and Venice Beach. Easy to access, the offices are less than a mile from the Pacific Coast Highway and the 10 Freeway.
Santa Monica is a vibrant coastal city in Los Angeles County, California. It is known for its beautiful beaches, lively pier, excellent dining and shopping options, and Silicon Beach's bustling tech industry. With a pleasant year-round climate, Santa Monica has become a popular destination for tourists, residents, and businesses. The city has a diverse and thriving economy that attracts various businesses, from tech startups to established companies. The city's proximity to Los Angeles and other major Southern California cities makes it an ideal location for businesses looking to expand their reach. Additionally, Santa Monica is home to a highly educated and skilled workforce, thanks in part to several world-renowned universities in the area. This employee base and a strong local economy make Santa Monica an excellent place to establish and grow a business.
With its unique combination of construction types and visibility, the property offers tremendous flexibility to accommodate a variety of uses. The 145-147 Bay Street and 1920 Main Street property is a rare opportunity for buyers looking to own a historic landmark that fits seamlessly within Santa Monica's work-play standard of living.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
17,659 SF
Building Class
B
Year Built
1913
Price
£8,224,650
Price Per SF
£466
Percent Leased
43%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
8,830 SF
Building FAR
0.99
Lot Size
0.41 AC
Zoning
C3, Santa Monica
Amenities
- 24 Hour Access
- Conferencing Facility
- Security System
- Partitioned Offices
- Air Conditioning
- Balcony
PROPERTY TAXES
| Parcel Number | 4289-020-006 | Improvements Assessment | £945,661 |
| Land Assessment | £8,510,981 | Total Assessment | £9,456,642 |
PROPERTY TAXES
Parcel Number
4289-020-006
Land Assessment
£8,510,981
Improvements Assessment
£945,661
Total Assessment
£9,456,642
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