Freestanding Office
10495 Santa Monica Boulevard, Los Angeles, CA 90069
For Sale
Contact for pricing
Three levels, private outdoor areas and secured below-grade parking support a vacant owner-user configuration.
Property Size18,141 SF
Lot Size0.21 Acres
Price / SF$465.80
Days on Market43
Property Features for 10495 Santa Monica Boulevard
General Information
Standard status
Size
Total Parking Spaces
Elevators
Lot size
Property subtype
Site & Location
Neighborhood
Additional Details
Property Use
Amenities
private outdoor patio
balcony
double high ceilings
excellent window lines
private lobby
exclusive signage
Building Details
Buildings
Stories
Building Size
Parking Ratio
Listing Agency:
Zacuto Group
Listed By:
Matthew Luchs · License #01948233
Source:
Crexi
Added: Sep 28
Changed: Nov 8
Last Checked: Nov 8 at 3:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Zacuto Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This vacant, freestanding office property contains 18,141 square feet across three floors on a 9,184-square-foot parcel. Interior features include double-height ceilings, strong window lines, a private lobby and elevator, plus dedicated signage. A second-floor patio and top-floor balcony provide private outdoor areas. Both subterranean parking levels convey with the building, offering 54 secured spaces, or 2.98 spaces per 1,000 square feet.
The property occupies the corner of Santa Monica Boulevard and Thayer Avenue in Los Angeles, between Westwood and Century City. The site is along a commercial corridor connecting Century City, Westwood/UCLA and Beverly Hills. Its vacant delivery leaves all three floors available for occupancy or leasing without inherited tenancies. The floors can be used together or separately, with the second floor totaling 7,885 square feet and the first and third floors totaling 10,238 rentable square feet.
The property occupies the corner of Santa Monica Boulevard and Thayer Avenue in Los Angeles, between Westwood and Century City. The site is along a commercial corridor connecting Century City, Westwood/UCLA and Beverly Hills. Its vacant delivery leaves all three floors available for occupancy or leasing without inherited tenancies. The floors can be used together or separately, with the second floor totaling 7,885 square feet and the first and third floors totaling 10,238 rentable square feet.
Key Highlights
- 18,141‑square‑foot office building on 9,184 square feet of land
- Three office floors delivered vacant
- 54 secured subterranean parking spaces; 2.98 spaces per 1,000 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$430,599
Cap Rate
5.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,611,980
$8.6M
Cap Rate 7%
$6,151,414
$6.2M
Cap Rate 9%
$4,784,433
$4.8M
Market Conditions
NOI Build-Up for 18,141 SF
Gross rent
$705.3K $38.88/SF
− Vacancy
−$131.2K −$7.23/SF
EGI
$574.1K $31.65/SF
− OpEx
−$143.5K −$7.91/SF
NOI
$430.6K $23.74/SF
Area
Los Angeles, CA
Vacancy
18.60%
Lease Rate
$38.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,611,980
Cap Rate 7%
$6,151,414
Cap Rate 9%
$4,784,433
Alternative Uses
Best Use
Office B
$6.15M
$5.38M – $7.18M
NOI $430,599 @ 7.0% cap · market cap 5.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.57M
$6.63M – $8.84M
NOI $530,186 @ 7.0% cap · market cap 6.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,852
Businesses Nearby
Explore this area
Business Placement
Demographics for 90069, CA
20,584
Population
15,160
Households
1.4
Avg Household Size
44
Median Age
72%
College-Educated
97%
High-School Grad
2.2 sq mi
ZIP Area
9,356
Density / Sq Mi
$110,705
Median Household Income
$80,535
Median Earnings
$2,230
Median Rent
$1,085,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office buildings in Los Angeles, CA
Properties on Market for Office buildings in Los Angeles
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Three levels, private outdoor areas and secured below-grade parking support a vacant owner-user configuration.
Where is this office building located?
The property is located at 10495 Santa Monica Boulevard Los Angeles, CA.
What is the asking price?
The asking price for this property is $8,450,000.
What are key features of this property?
This property features: 18,141‑square‑foot office building on 9,184 square feet of land; Three office floors delivered vacant; 54 secured subterranean parking spaces; 2.98 spaces per 1,000 square feet
