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Mixed-Use Property with Retail Frontage
For Sale
$3,799,000

2709 Santa Monica Blvd, Santa Monica, CA 90404

Three vacant apartments sit behind commercial spaces occupied on month-to-month terms.

Property Size4,393 SF
Price / SF$864.78
Days on Market258

Property Features for 2709 Santa Monica Blvd

General Information

Standard status Active
Size 4,393 SF
Property subtype MULTI_FAMILY

Site & Location

Neighborhood Northeast
Road Access Yes
Mixed-Use Components retail, residential

Units

Unit Mix 1 x Studio + 1 Bathroom, 1 x One-Bedroom + 1 Bathroom, 1 x Two-Bedroom + 1 Bathroom
Multifamily Units 3

Additional Details

Tenant in Place Yes

Building Details

Building Size 4,393 SF
Year Built 1946
Tenancy Multi
Listing Agency: Berkshire Hathaway HomeServices California Propert
Listed By: Dennis Adelpour · License #01773733
Source: Harrispartnersre
Added: Feb 12 Changed: Oct 27 Last Checked: Oct 26 at 7:16PM

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 Berkshire Hathaway HomeServices California Propert

Rey
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Investment Insights

Based on property information with market context.

This 4,393-square-foot mixed-use property, built in 1946, combines three commercial units at the front with three apartments at the rear. Two of the commercial units face the street, while the third is a bakery; all three are leased month to month. The residential mix comprises a studio, a one-bedroom, and a two-bedroom apartment, each with one bathroom. The apartments are vacant and have received updates including new windows, flooring, countertops, blinds, and LED lighting. The two-bedroom unit also has in-unit laundry.

The property fronts Santa Monica Boulevard in Santa Monica, near restaurants, coffee shops, grocery markets, bars, retail, and other daily services. West Los Angeles is adjacent, and the beach, nightlife, and major employment hubs are a short drive away. Plans are available for a proposed three-story building; the existing property can also be operated in its current configuration while the plans and applicable zoning are evaluated.

Key Highlights

  • 4,393‑square‑foot mixed‑use property built in 1946
  • Three commercial units, including a bakery; all leased month to month
  • Three vacant apartments: studio, one‑bedroom, and two‑bedroom, each with one bathroom

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Coco Bakes Bakery Rip City Skates (Bike/Boat/Book/etc) Store Lucky's Pet Care Pet Grooming Service LOKL HAUS kitchen Restaurant

Suggested Use

Top Pick Barber Shop (Bike/Boat/Book/etc) Store Grocery & Convenience Store Clothing & Fashion Store Tanning Salon 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

3
Residential units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

6,952
Businesses Nearby

Demographics for 90404, CA

21,995
Population
11,499
Households
1.9
Avg Household Size
39
Median Age
59%
College-Educated
90%
High-School Grad
2.0 sq mi
ZIP Area
10,998
Density / Sq Mi
$85,081
Median Household Income
$66,349
Median Earnings
$2,095
Median Rent
$1,159,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Three vacant apartments sit behind commercial spaces occupied on month-to-month terms.
Where is this mixed-use property located?
The property is located at 2709 Santa Monica Blvd Santa Monica, CA.
What is the asking price?
The asking price for this property is $3,799,000.
What are key features of this property?
This property features: 4,393‑square‑foot mixed‑use property built in 1946; Three commercial units, including a bakery; all leased month to month; Three vacant apartments: studio, one‑bedroom, and two‑bedroom, each with one bathroom
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