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    3003 Pennsylvania Ave Santa Monica, CA 90404

    Sponsored
    For Lease
    $63 SF/Yr

    Prime Santa Monica Office, 5,600 SF Available

    Lot size:
    5,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5,600-square-foot office space at 3003 Pennsylvania Avenue in Santa Monica, California, presents a unique opportunity for a single tenant. Located in the desirable Santa Monica submarket, this Class B building offers a blend of executive and creative office space, perfect for a company seeking a prestigious address. Built in 1956 and extensively renovated in 2012, the property boasts modern amenities within a classic structure. The entire 5,600 square feet is currently vacant, providing immediate occupancy for a new tenant. The single-story building sits on a 6,823-square-foot lot, offering ample space and potential for outdoor use, subject to zoning regulations. The property's zoning is designated as SMLMSD*, and its APN is 4268-004-019. This location provides easy access to Santa Monica's vibrant business district, renowned restaurants, and cultural attractions. The property's address is 3003 Pennsylvania Avenue, Santa Monica, CA 90404. This is an excellent opportunity to secure a well-maintained, spacious office in a highly sought-after location. The property is ready for immediate occupancy.

    Property Features for 3003 Pennsylvania Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,600 SF
    Class
    B
    Total Rate
    29400

    Building Details

    Year Built/Renovated
    1956/2012
    Buildings
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    5,600 SF
    Rate per SF
    $63

    HighLights

    • 5,600 SF standalone creative office building in Santa Monica, CA.
    • Features four offices, conference room, open area, and kitchen.
    • Includes glass roll‑up doors and polished concrete floors.
    • Abundant natural light throughout.
    • Excellent Westside location, 10‑minute walk to Expo Line (Bergamont Station).
    • Easy freeway access via the 10 and 405 freeways.
    Property Profile Location Intelligence

    Current Use by Public Records

    Peri Software Company Rule 14 Consultant HGM Business Management Consultant Zuma Financial Institution PLEXUS Business Management Consultant

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    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
    -118.46530213
    Latitude
    34.0327958

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    FAQs

    What type of property is this?
    Office space - Prime Santa Monica Office, 5,600 SF Available
    Where is this office space located?
    The property is located at 3003 Pennsylvania Ave Santa Monica, CA.
    What is the lease rate?
    The lease rate is $63 SF/Yr.
    What are key features of this property?
    This property features: 5,600 SF standalone creative office building in Santa Monica, CA.; Features four offices, conference room, open area, and kitchen.; Includes glass roll-up doors and polished concrete floors.
    Request Owner's contact information
    3003 Pennsylvania Ave 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
    3003 Pennsylvania Ave Santa Monica, CA 90404
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