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    12304 Santa Monica Blvd Los Angeles, CA 90025

    Sponsored
    For Lease
    $31 SF/Yr ($15,490 /Mo)

    Class A medical suites, 1,745-2,133 SF available.

    Lot size:
    5,958 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional three-story, Class A medical office building, totaling 5,958 square feet, presents a unique leasing opportunity in Los Angeles County. Constructed in 2008 and extensively renovated in 2009 by Gensler Architects, the building boasts a contemporary atrium design. Multiple suites are available, with a minimum divisible space of 1,745 square feet and a maximum contiguous space of 2,133 square feet. Currently, 6,647 square feet is vacant, offering flexibility for various medical practices. The building features three elevators providing convenient access from the subterranean parking garage and lobby levels. Parking is ample, with a ratio of 2.4 spaces per 1,000 square feet, accessible from both Santa Monica Boulevard and Wellesley Avenue. On-site property management and valet parking services enhance the tenant experience. This prestigious location on Santa Monica Boulevard offers excellent visibility and accessibility. The building's modern design and convenient amenities make it an ideal location for medical professionals seeking a high-quality, well-maintained space.

    Property Features for 12304 Santa Monica Blvd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,958 SF
    Class
    A
    Total Rate
    15490.8

    Building Details

    Year Built/Renovated
    2008/2009
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 202
    Size
    1,745 SF
    Rate per SF
    $31
    Space
    Suite 355
    Size
    2,133 SF
    Rate per SF
    $31
    Space
    Suite 106
    Size
    2,080 SF
    Rate per SF
    $31
    Space
    Suite 107A
    Size
    289 SF
    Rate per SF
    $36
    Space
    Suite 108A
    Size
    400 SF
    Rate per SF
    $36

    HighLights

    • Class A, three‑story medical office building totaling 5,958 square feet.
    • Building features extensive 2008/2009 renovations by Gensler Architects.
    • Offers 2.4 parking spaces per 1,000 square feet, with subterranean parking accessible from Santa Monica Boulevard and Wellesley Avenue, and three elevators.
    • Currently features 6,647 square feet of vacant space, divisible into units as small as 1,745 square feet, with a maximum contiguous space of 2,133 square feet.
    • Located in Los Angeles County at 12304 Santa Monica Boulevard, with on‑site management and valet parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Absolute Vending Machines Vending Machine Supplier Law & Mediation Offices ... Family Law Attorney Merlyn N Hernandez ... Attorney Unique Business Systems Software Company Sourcery Software Company

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Dental Office 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
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.4653188
    Latitude
    34.0390948

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    FAQs

    What type of property is this?
    Medical office - Class A medical suites, 1,745-2,133 SF available.
    Where is this medical office located?
    The property is located at 12304 Santa Monica Blvd Los Angeles, CA.
    What is the lease rate?
    The lease rate is $31-$36 SF/Yr.
    What are key features of this property?
    This property features: Class A, three-story medical office building totaling 5,958 square feet.; Building features extensive 2008/2009 renovations by Gensler Architects.; Offers 2.4 parking spaces per 1,000 square feet, with subterranean parking accessible from Santa Monica Boulevard and Wellesley Avenue, and three elevators.
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    Los Angeles, CA 90025
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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

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    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
    12304 Santa Monica Blvd Los Angeles, CA 90025
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