Listing Agency: Par Commercial Brokerage

Listed By: John Moudakis · License #CA 01833441 Show Phone

Source: Crexi

Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 4:46PM

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Investment Insights

Based on property information with market context.

This retail property contains 1,100 SF and is located at 1620 Wilshire Boulevard in Santa Monica, California. The offering is identified for sale.

Key Highlights

• 1,100 SF retail property
• Located at 1620 Wilshire Boulevard
• Santa Monica, CA 90403

Property Analytics

Property Profile

Current Use

Cafe Berlina Cafe & Coffee Shop

Suggested Use

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

7,737

Businesses Nearby

261k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Groceries 40% Shops & Services 21% Dining 20% Superstores 14%

Target Superstores

36,047 visits/mo 0.1 miles

VONS Groceries

34,674 visits/mo 0.3 miles

Whole Foods Market Groceries

34,014 visits/mo 0.4 miles

Trader Joe's Groceries

31,136 visits/mo 0.4 miles

Chevron Shops & Services

11,759 visits/mo 0.4 miles

Demographics for 90403, CA

25,278

Population

14,853

Households

1.7

Avg Household Size

42

Median Age

72%

College-Educated

96%

High-School Grad

1.4 sq mi

ZIP Area

18,056

Density / Sq Mi

$121,512

Median Household Income

$82,557

Median Earnings

$2,443

Median Rent

$1,553,500

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Retail property on Wilshire Boulevard in Santa Monica.

Where is this retail space located?

The property is located at 1620 Wilshire Boulevard Santa Monica, CA.

What are key features of this property?

This property features: 1,100 SF retail property; Located at 1620 Wilshire Boulevard; Santa Monica, CA 90403