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    1601 Colorado Ave Santa Monica, CA 90404

    Sponsored
    For Sale
    $4,450,000

    Prime Santa Monica flex space, 5,900 SF, net lease.

    Property size:
    5,900 SF

    Description

    Added:
    Jan 24, 2025
    Days on Market:
    347
    This exceptional 5,900-square-foot flex/warehouse property at 1601 Colorado Avenue in Santa Monica, California, is offered for sale at $4,450,000 ($754/SF). The property features a desirable blend of private offices, open work areas, multiple meeting rooms, a conference space, a well-equipped kitchen, and ample storage. Architectural details include exposed wood ceilings and polished concrete floors, adding to its unique character. The building includes a convenient roll-up door for easy loading and unloading, and benefits from a rear alleyway providing excellent access. Ten parking spaces are available on-site. The property is situated in a prime location, offering close proximity to the new Santa Monica Expo Line, as well as convenient access to the I-10 and I-405 freeways, ensuring seamless commutes for employees and clients. The current net lease expires June 30, 2025. This presents a compelling investment opportunity in a thriving Santa Monica location. The property is zoned for office and industrial use, making it suitable for a variety of businesses. This is a rare opportunity to acquire a well-maintained and strategically located property in the heart of Santa Monica. The property's combination of modern amenities and classic architectural features makes it an attractive option for a wide range of potential buyers.

    Property Features for 1601 Colorado Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    5,900 SF

    HighLights

    • $4,450,000 asking price for a 5,900 SF flex/warehouse building in Santa Monica, CA.
    • Net lease, expiring 6/30/2025.
    • $754/SF price per square foot.
    • Features private offices, open workspace, meeting areas, and a roll‑up door.
    • 10 parking spaces and rear alley access.
    • Excellent location near the Expo Line and I‑10/I‑405 freeways.
    Property Profile Location Intelligence

    Current Use by Public Records

    Buddy Nutrition Venture Capital Company Hippeas Corporate Office

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Monica
    County
    Los Angeles
    State
    California
    Longitude
    -118.4805487
    Latitude
    34.0233368

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    FAQs

    What type of property is this?
    Distribution property - Prime Santa Monica flex space, 5,900 SF, net lease.
    Where is this distribution property located?
    The property is located at 1601 Colorado Ave Santa Monica, CA.
    What is the asking price?
    The asking price for this property is $4,450,000.
    What are key features of this property?
    This property features: $4,450,000 asking price for a 5,900 SF flex/warehouse building in Santa Monica, CA.; Net lease, expiring 6/30/2025.; $754/SF price per square foot.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1601 Colorado Ave Santa Monica, CA 90404
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