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Santa Monica Boulevard Retail Opportunity
For Sale
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518 Santa Monica Blvd, Santa Monica, CA 90401

Retail space for sale in prime Santa Monica location.

Property SizeContact for details
Days on Market143

Property Features for 518 Santa Monica Blvd

General Information

Standard status Active
Property subtype Retail
Listing Agency: Lee & Associates - Los Angeles - West
Listed By: Spencer Horak · License #CA 310.899.2728
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 2:48PM

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 Lee & Associates - Los Angeles - West

Investment Insights

Based on property information with market context.

The property at 518-520 Santa Monica Blvd is available for purchase for the first time. Its location provides access to Santa Monica amenities, restaurants, nightlife, and the expo line. This property presents a value-add opportunity for investors or owner/users. The building features open floor plans on both floors, with ceiling heights reaching up to 14 feet. These features allow for single or multi-tenant configurations. The building is accessible from both Santa Monica Blvd and the adjacent alley. This property offers the opportunity to own a building in the heart of Santa Monica.

Key Highlights

  • Prime location near Santa Monica amenities, restaurants, nightlife, and the Expo Line.
  • Value‑add opportunity for investors or owner/users.
  • Large, open floor plans on both floors.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service Grocery & Convenience Store Restaurant 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.

Location Intelligence

Trade Area within ½ mile

8,473
Businesses Nearby
499k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 34% Apparel 29% Shops & Services 19% Superstores 8%
Target Superstores
38,703 visits/mo 0.1 miles
T.J. Maxx Apparel
31,827 visits/mo 0.3 miles
Hillstone Dining
26,824 visits/mo 0.5 miles
Nordstrom Apparel
25,648 visits/mo 0.3 miles
Trader Joe's Groceries
23,003 visits/mo 0.1 miles

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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space for sale in prime Santa Monica location.
Where is this retail space located?
The property is located at 518 Santa Monica Blvd Santa Monica, CA.
What are key features of this property?
This property features: Prime location near Santa Monica amenities, restaurants, nightlife, and the Expo Line.; Value‑add opportunity for investors or owner/users.; Large, open floor plans on both floors.
More about this property
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