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    1823 Colorado Ave Santa Monica, CA 90404

    Sponsored
    For Lease
    $4 SF/Yr ($5,000 /Mo)

    7,500 SF Available in Prime Location

    Lot size:
    15,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional Santa Monica executive office space, located at 1823 Colorado Ave, offers 7,500 square feet of immediately available space within a 15,000 square foot building. The property is situated in Los Angeles County, California, zip code 90404, and boasts a highly desirable location. The space is perfect for businesses seeking a blend of collaborative and private work environments. The layout includes open floor plans, private offices, and spacious conference rooms designed to foster creativity and productivity. A key feature is the built-in kitchen, complete with high-end finishes, adding to the inviting atmosphere. The unique architectural detail of bow-truss wood beam ceilings creates a sophisticated and inspiring workspace. The building also provides ample parking with 14 spaces available for tenants. This multi-tenant building offers a fantastic opportunity for businesses seeking a prestigious and functional office space in the heart of Santa Monica. The property is classified as an office building with an executive office subtype. The available space represents a significant portion of the building's total square footage, making it ideal for a larger company or a group of smaller businesses seeking a shared space. The address is easily accessible and conveniently located within Santa Monica.

    Property Features for 1823 Colorado Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,000 SF
    Total Rate
    5000

    Unit(s) available at that property

    Space
    1823 Colorado Ave
    Size
    7,500 SF
    Rate per SF
    $4

    HighLights

    • Exposed wood ceilings enhance acoustics and aesthetics.
    • Polished concrete floors throughout.
    • Abundant natural light from operable windows and skylights, plus high ceilings.
    • Private offices feature glass doors and sidelights.
    • Individual tenant‑controlled HVAC systems.
    • High‑end built‑in kitchen.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Monica
    County
    Los Angeles
    State
    California
    Longitude
    -118.4784294
    Latitude
    34.0252241

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    FAQs

    What type of property is this?
    Office Property / Space - 7,500 SF Available in Prime Location
    Where is this office property / space located?
    The property is located at 1823 Colorado Ave Santa Monica, CA.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: Exposed wood ceilings enhance acoustics and aesthetics.; Polished concrete floors throughout.; Abundant natural light from operable windows and skylights, plus high ceilings.
    Request Owner's contact information
    1823 Colorado Ave Santa Monica, CA 90404
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    Santa Monica, CA 90404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1823 Colorado Ave Santa Monica, CA 90404
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