107-117 Channel Road, Santa Monica, CA 90402
Three-building property combines residential units with retail and office space near the beach, restaurants, and bike path.
Property Features for 107-117 Channel Road
General Information
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Building Details
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Investment Insights
Based on property information with market context.
The address is directly across from the beach, with the beach, bike path, bars, and restaurants within walking distance. Santa Monica, Pacific Palisades, and Malibu are also described as minutes away. The property is occupied under a Double Net lease, with the tenant responsible for utilities as well as building maintenance and repairs. The lease provides a 3% annual increase during a potential additional 5-year term.
Key Highlights
- Nine residential units, one retail space, and one office across three buildings
- Two contiguous parcels with Los Angeles C2 zoning
- Remodeled in 2007 with updated kitchens and baths, hardwood floors, and stainless appliances
Property Analytics
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Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 90402, CA
Market
Vacancy Rate% for Office in West region