Listing Agency: CB Richard Ellis, Inc. j***@cbre.com Show Phone

Listed By: Jeff Pion · License #00840278 Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 8 Last Checked: Aug 8 at 6:28AM

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Investment Insights

Based on property information with market context.

This commercial real estate offering features an office building with a total size of 15,600 square feet. The property is located in Santa Monica, California.

Key Highlights

• Office building available for purchase.
• Located in Santa Monica.
• Commercial property.

Property Analytics

Property Profile

Current Use

SHAPIRO MEDIATION LLC Mediation Service Algeos USA Orthotics & Prosthetics Service Careismatic Brands Inc. Corporate Office Design Center Corporate Office About HR Giger Publishing House

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service Clothing & Fashion Store Tattoo & Piercing Shop Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

8,582

Businesses Nearby

Explore this area Business Placement

Demographics for 90401, CA

8,167

Population

5,782

Households

1.4

Avg Household Size

39

Median Age

76%

College-Educated

97%

High-School Grad

0.8 sq mi

ZIP Area

10,209

Density / Sq Mi

$106,704

Median Household Income

$98,906

Median Earnings

$2,549

Median Rent

$1,129,700

Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

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Frequently Asked Questions

What type of property is this?

Office building - Office building in Santa Monica available for purchase.

Where is this office building located?

The property is located at 1119 Colorado Avenue Santa Monica, CA.

What is the asking price?

The asking price for this property is $16,893,241.

What are key features of this property?

This property features: Office building available for purchase.; Located in Santa Monica.; Commercial property.