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Mixed-Use Office & Retail Building
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1149 3rd Street, Santa Monica, CA 90401

Three-story mixed-use building built in late 2002 with attached subterranean garages accessed at the rear.

Property Size10,645 SF
Lot Size0.17 Acres
Days on Market127

Property Features for 1149 3rd Street

General Information

Standard status Active
Size 10,645 SF
Lot size 0.17 Acres
Property subtype Retail, Office, Mixed Use

Building Details

Year Built 2002
Stories 3
Tenancy Multi
Listing Agency: MEI Real Estate Services
Listed By: Dennis Dillon · License #CA 01163725
Source: Crexi
Added: Apr 10 Changed: Aug 14 Last Checked: Aug 14 at 7:37AM

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 MEI Real Estate Services

Investment Insights

Based on property information with market context.

1149 3rd Street is a three-story mixed-use retail and office building recently constructed in late 2002. The property totals 10,645 square feet and sits on 7,477 square feet of land. Building features include a state-of-the-art elevator, upgraded electrical, technical, and security systems, along with multiple exterior balconies and patios and office elements described as granite facades and wrought iron features. Tenants include Demitasse Cafe, New Vista Behavioral Health, the Law Offices of Gary Freedman, and MGID, inc.

The building is located just north of Wilshire Blvd. in Downtown Santa Monica, with frontage on 3rd Street. The parking arrangement includes two attached subterranean garages that are described as private and secure, with access in the rear of the building.

Suite #200 is identified as an available opportunity on the second floor, with fronting on 3rd Street and described outdoor areas/decks and modern indoor features.

Key Highlights

  • 1149 3rd St, Santa Monica: 3‑story mixed‑use retail and office building, 10,645 SF, on 7,477 SF of land; built in late 2002
  • Downtown Santa Monica setting just north of Wilshire Blvd, steps from the 3rd Street Promenade, Santa Monica Place, Santa Monica Pier, and the California coast
  • Suite #200 on the second floor fronts 3rd Street and has minimal time remaining on its lease

Property Analytics

Current Use

Demitasse Cafe & Coffee Shop Print With Me ... (Bike/Boat/Book/etc) Store Peregrine Market Access Association Or Organization

Suggested Use

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

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

7,761
Businesses Nearby

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Three-story mixed-use building built in late 2002 with attached subterranean garages accessed at the rear.
Where is this office building located?
The property is located at 1149 3rd Street Santa Monica, CA.
What are key features of this property?
This property features: 1149 3rd St, Santa Monica: 3‑story mixed‑use retail and office building, 10,645 SF, on 7,477 SF of land; built in late 2002; Downtown Santa Monica setting just north of Wilshire Blvd, steps from the 3rd Street Promenade, Santa Monica Place, Santa Monica Pier, and the California coast; Suite #200 on the second floor fronts 3rd Street and has minimal time remaining on its lease
More about this property
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