Standalone Office and Retail
For Lease
$6 SF/Yr
427 Wilshire Boulevard, Santa Monica, CA 90401
Single-story standalone building with substantial on-site parking, delivered unencumbered for office or retail use.
Space SizeContact for details
Lot Size0.29 Acres
Days on Market48
Property Features for 427 Wilshire Boulevard
General Information
Standard status
Active
Total Parking Spaces
24
Lot size
0.29 Acres
Property subtype
Retail
Building Details
Year Built
1956
Stories
1
Listing Agency:
CBRE - West LA
Listed By:
Jeff Pion · License #00840278
(310) 550-2537
Source:
Cbre
Added: Jul 23
Changed: Sep 8
Last Checked: Sep 8 at 3:29AM
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 CBRE - West LA
Investment Insights
Based on property information with market context.
Constructed in 1956 and renovated over time by the current owner-occupant, this property features a single-story standalone building and an adjacent parking lot. The offering includes two parcels: a 4,888 RSF building on Wilshire Boulevard and a 7,502 SF parking lot directly to the north, providing a combined 12,500 SF of land. The parcels will be delivered unencumbered and free of any leases.
Located on Wilshire Boulevard in Santa Monica, the property is positioned as a fully standalone asset for an owner-user looking to operate in either an office or retail configuration. The included 24-space parking lot supports day-to-day access for occupants and visitors.
CBRE presents the opportunity to acquire the real property and all improvements thereon at 427 Wilshire Boulevard, with the accompanying parking lot at 1148 5th Street.
Located on Wilshire Boulevard in Santa Monica, the property is positioned as a fully standalone asset for an owner-user looking to operate in either an office or retail configuration. The included 24-space parking lot supports day-to-day access for occupants and visitors.
CBRE presents the opportunity to acquire the real property and all improvements thereon at 427 Wilshire Boulevard, with the accompanying parking lot at 1148 5th Street.
Key Highlights
- Single‑story standalone building originally constructed in 1956, with renovations and improvements made by the current owner‑occupant over the past decade
- 4,888 RSF standalone building at 427 Wilshire Boulevard in Santa Monica, CA, suitable for office or retail use
- Adjacent 7,502 SF parking lot at 1148 5th Street included with the property
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$0.90 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
7,761
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
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Single-story standalone building with substantial on-site parking, delivered unencumbered for office or retail use.
Where is this office building located?
The property is located at 427 Wilshire Boulevard Santa Monica, CA.
What is the lease rate?
The lease rate is $6 SF/Yr.
What are key features of this property?
This property features: Single‑story standalone building originally constructed in 1956, with renovations and improvements made by the current owner‑occupant over the past decade; 4,888 RSF standalone building at 427 Wilshire Boulevard in Santa Monica, CA, suitable for office or retail use; Adjacent 7,502 SF parking lot at 1148 5th Street included with the property
