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Multi-Level Retail Building
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7906-7914 Santa Monica Blvd, West Hollywood, CA 90046

Multi-level retail building with direct parking access from all floors via rear alley access

Property Size18,000 SF
Price / SF$383.33
Days on Market266

Property Features for 7906-7914 Santa Monica Blvd

General Information

Standard status Active
Size 18,000 SF
Property subtype RETAIL

Additional Details

Frontage 75 ft
Listing Agency: Lee & Associates
Listed By: Armen Kazaryan · License #01291719
Source: Moodyscre
Added: Feb 6 Changed: Oct 25 Last Checked: Oct 28 at 12:03PM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This multi-level retail building offers direct access to parking from all floors, supporting tenant operations and customer convenience. The property includes rear access through an alley, with parking connectivity designed to serve every level.

The building has 75' of frontage on Santa Monica Blvd in the rear, with access provided via alley entry. With approximately 18,000 square feet of space, the layout is positioned to accommodate multiple retail configurations across its levels.

Retail users can benefit from having convenient parking access distributed throughout the building, along with frontage exposure along Santa Monica Blvd at the rear of the site.

Key Highlights

  • Direct access to parking from all floors
  • 75' rear frontage on Santa Monica Blvd via alley access
  • Multi‑level retail building with rear alley connectivity

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$398,243
Cap Rate
5.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,964,860 $8.0M
Cap Rate 7%
$5,689,186 $5.7M
Cap Rate 9%
$4,424,922 $4.4M
Market Conditions
NOI Build-Up for 18,000 SF
Gross rent
$609.1K $33.84/SF
− Vacancy
−$40.2K −$2.23/SF
EGI
$568.9K $31.61/SF
− OpEx
−$170.7K −$9.48/SF
NOI
$398.2K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,964,860
Cap Rate 7%
$5,689,186
Cap Rate 9%
$4,424,922

Alternative Uses

Best Use
Retail
$5.69M
$4.98M – $6.64M (±1% cap)
NOI $398,243 @ 7.0% cap · market cap 5.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.64M
$8.43M – $11.24M (±1% cap)
NOI $674,599 @ 7.0% cap · market cap 9.78%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Law Firm Food Market Grocery & Convenience Store Daycare Center (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

780
Businesses Nearby

Demographics for 90046, CA

49,987
Population
31,929
Households
1.6
Avg Household Size
39
Median Age
63%
College-Educated
95%
High-School Grad
5.7 sq mi
ZIP Area
8,770
Density / Sq Mi
$94,259
Median Household Income
$65,607
Median Earnings
$2,204
Median Rent
$1,411,500
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

Frequently Asked Questions

What type of property is this?
Retail space - Multi-level retail building with direct parking access from all floors via rear alley access
Where is this retail space located?
The property is located at 7906-7914 Santa Monica Blvd West Hollywood, CA.
What is the asking price?
The asking price for this property is $6,900,000.
What are key features of this property?
This property features: Direct access to parking from all floors; 75' rear frontage on Santa Monica Blvd via alley access; Multi‑level retail building with rear alley connectivity
(323) 767-2041 · Office Call to check price and availability
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