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Downtown Santa Monica Medical/Office Building
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1317 5th St, Santa Monica, CA 90401

Renovated medical/office building with rooftop potential in Downtown Santa Monica.

Days on Market1609

Property Features for 1317 5th St

General Information

Standard status Active
Property subtype Retail, Office, Restaurant
Listing Agency: Camacho Commercial Real Estate Services
Listed By: Gregory Camacho · License #CA 00755317
Source: Crexi
Added: Mar 6, 2022 Changed: Jul 10 Last Checked: Jul 31 at 12:26PM

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 Camacho Commercial Real Estate Services

Investment Insights

Based on property information with market context.

1317 5th St is a three-story medical/office building in the heart of Downtown Santa Monica, located just half a block north of Santa Monica Blvd. The building has recently undergone a complete renovation, featuring a new Terrazo tile entrance, new landscaping, new oxidized steel paneling, new elevator cabs, new ADA restrooms, common areas, and a new lobby/entrance. Onsite amenities include secured covered and open parking, with a public parking lot directly across the street. The third floor is occupied by a cosmetic surgeon with a newly built-out, state-of-the-art surgery center available for third-party use. The rooftop has been structurally reinforced and roofed with a flat surface, presenting a unique opportunity for a rooftop restaurant/bar. Situated less than half a mile from the beach and at the epicenter of a prominent pedestrian-focused mall, 1317 5th St offers proximity to restaurants and retail amenities.

Key Highlights

  • Prime downtown Santa Monica location, less than half a mile from the beach
  • Recently completed full renovation including new entrance, landscaping, steel paneling, elevator cabs, ADA restrooms, common areas, and lobby
  • Opportunity for rooftop restaurant/bar development due to structurally reinforced and roofed flat surface

Property Analytics

Current Use

Indomitable Entertainment Film Production The Biggest Loser Resort Weight Loss Service P & K Inc Medical Clinic Younique Cosmetic Surgery ... Medical Clinic Best Botox Los ... Spa & Massage Center

Suggested Use

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

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,190
Businesses Nearby
Under-served
Demand for This Use

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

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Renovated medical/office building with rooftop potential in Downtown Santa Monica.
Where is this medical office space located?
The property is located at 1317 5th St Santa Monica, CA.
What are key features of this property?
This property features: Prime downtown Santa Monica location, less than half a mile from the beach; Recently completed full renovation including new entrance, landscaping, steel paneling, elevator cabs, ADA restrooms, common areas, and lobby; Opportunity for rooftop restaurant/bar development due to structurally reinforced and roofed flat surface
More about this property
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