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1630-1638 12th St

19,335 SF Office Building Santa Monica, CA 90404 For Sale

Investment Highlights

  • Excellent opportunity acquire a highly-regarded creative office property featuring high-quality interior upgrades.
  • Operable steel windows, skylights, exposed wood truss ceilings, and polished concrete floors.
  • The interior boasts a light and airy atmosphere with modern updates.

Executive Summary

Lee & Associates Los Angeles West, Inc. is pleased to bring to market 1630-1638 12th Street. This fully leased investment opportunity includes two parcels: a 19,335 SF standalone creative office building on a 23,503 SF lot, and an adjacent 7,520 SF parking lot, totaling 31,023 SF of land.
For the past 26 years, Radical Media, a leading media and production company based in New York, has occupied the entire property. Their lease is set to expire on July 31, 2027, with one five-year renewal option at market rates.
Originally built in the 1950s and extensively renovated into creative office space in 1997, the property boasts an industrial-modernist design. The bright and airy interior features operable steel windows, skylights, exposed wood truss ceilings, and polished concrete floors. The layout combines open spaces with enclosed rooms, some including barn doors. The HVAC system comprises package units across various zones, allowing efficient airflow control. Additionally, there is a large kitchen area next to an outdoor covered patio and a separate building frequently used for casting.
Positioned as a creative office space in Santa Monica, one of Los Angeles’ most sought-after locations, this property benefits from its proximity to major tech and media employers. The potential for investment and its close access to premier Santa Monica amenities, dining, and nightlife make 1630-1638 12th Street a compelling long-term investment opportunity in one of the most supply-constrained markets in the United States.

Property Facts

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
19,335 SF
Building Class
C
Year Built/Renovated
1955/1997
Tenancy
Single
Number of Floors
1
Typical Floor Size
19,335 SF
Building FAR
0.62
Land Acres
0.72 AC
Zoning
SMM1 - Limited Commercial
Parking
32 Spaces (1.66 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (84)
Transit Score ®
Excellent Transit (73)
Bike Score ®
Biker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 4283-006-021
  • 4283-006-018
Land Assessment
£14,084,100
Improvements Assessment
£1,721,390
Total Assessment
£15,805,490
  • Listing ID: 33300777

  • Date on Market: 25/09/2024

  • Last Updated:

  • Address: 1630-1638 12th St, Santa Monica, CA 90404

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