Listing Agency: s***@cbre.com Show Phone

Listed By: Stan Gerlach · License #01520962 Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Jul 30 at 3:57AM

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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 Stan Gerlach

Investment Insights

Based on property information with market context.

This commercial property offers 32,036 square feet of office space for rent. The location is close to the Third Street Promenade, Santa Monica Place, and the Santa Monica Pier.

Key Highlights

• Location: Close to Third Street Promenade.
• Location: Close to Santa Monica Place.
• Location: Close to Santa Monica Pier.

Property Analytics

Property Profile

Current Use

Los Angeles Express ... Law Firm

Suggested Use

Top Pick Nail Salon Dental Office Hair Salon Daycare Center Auto Repair Shop Grocery & Convenience Store

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

7,658

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

Lease Benchmarks for Santa Monica, CA

$15 /SF/Yr

Avg Asking Price

$5.15–$48 /SF/Yr

Price Range

4,374 SF

Avg Space Size

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office units located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Office space for rent, close to popular Santa Monica landmarks.

Where is this office units located?

The property is located at 1541 Ocean Avenue Santa Monica, CA.

What are key features of this property?

This property features: Location: Close to Third Street Promenade.; Location: Close to Santa Monica Place.; Location: Close to Santa Monica Pier.