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Turn-Key Restaurant with Commercial Kitchen
For Sale
$2,500,000

2305 Ocean Park, Santa Monica, CA 90405

SINGLE_FAMILY - Santa Monica, CA

Days on Market47

Property Features for 2305 Ocean Park

General Information

Property type Residential
Property subtype Retail
Directions One door east of north-east corner of Ocean Park Blvd and 23rd St
Subdivision C14 - Santa Monica
Special listing conditions Short Sale
Standard status Active
APN 4273012012
Listing Agency: eXp Realty of California Inc
Listed By: Rahul Bhagat · License #01717339
Added: Jun 17 Changed: Jul 6 Last Checked: Aug 2 at 5:06PM
MLS# SB26127065

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This turn-key commercial space has been fully renovated and is delivered vacant at close of escrow. The interior includes a fully equipped commercial kitchen with a hood, sink, and grease interceptor, along with a massive 50-foot walk-in cooler and freezer. Additional improvements include new plumbing, updated A/C, modern lighting, and brand-new front windows.

The property includes an outdoor front patio and provides 8 on-site parking spaces. A CUP is in place covering market, food, and retail uses, supporting a range of food-focused concepts and complementary retail activity.

For operators looking for a ready-to-open setup, the on-site kitchen infrastructure and large refrigerated storage are well suited to restaurant and market formats. The combination of a front patio and dedicated parking can help accommodate guests and customers while keeping the space positioned for food and retail uses under the existing CUP. The updated building systems and finishes also reduce immediate capital needs for a new tenant or owner planning to move quickly.

Key Highlights

  • Fully renovated commercial space delivered vacant at close of escrow
  • 50‑foot walk‑in cooler and freezer plus a fully equipped commercial kitchen with hood, sink, and grease interceptor
  • Updated A/C, new plumbing, modern lighting, and brand‑new front windows

Property Analytics

Current Use

OP Market Grocery & Convenience Store United Kitchens & Lounge Restaurant

Suggested Use

Top Pick Barber Shop Food Market Dental Office (Bike/Boat/Book/etc) Store Pharmacy 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

Yes
Commercial hood
Yes
Grease trap

Location Intelligence

Trade Area within ½ mile

3,260
Businesses Nearby
60k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 55% Dining 41% Electronics 2% Beauty & Spa 2%
Urth Caffe Dining
17,729 visits/mo 0.2 miles
Speedway Shops & Services
12,615 visits/mo 0.5 miles
Blick Art Materials Shops & Services
7,714 visits/mo 0.4 miles
Chase Bank Shops & Services
5,815 visits/mo 0.1 miles
Wells Fargo Shops & Services
4,559 visits/mo 0.4 miles

Demographics for 90405, CA

27,966
Population
15,726
Households
1.8
Avg Household Size
43
Median Age
70%
College-Educated
96%
High-School Grad
2.8 sq mi
ZIP Area
9,988
Density / Sq Mi
$114,489
Median Household Income
$84,727
Median Earnings
$2,311
Median Rent
$1,940,700
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial kitchen - Renovated, vacant restaurant space with an equipped kitchen, walk-in cooler/freezer, patio, and on-site parking.
Where is this commercial kitchen located?
The property is located at 2305 Ocean Park Santa Monica, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Fully renovated commercial space delivered vacant at close of escrow; 50‑foot walk‑in cooler and freezer plus a fully equipped commercial kitchen with hood, sink, and grease interceptor; Updated A/C, new plumbing, modern lighting, and brand‑new front windows
More about this property
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