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    1523 26Th St Santa Monica, CA 90404

    Sponsored
    For Lease
    $33 SF/Yr ($9,548 /Mo)

    Prime Santa Monica flex space; needs renovation.

    Lot size:
    3,472 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional freestanding flex building, located directly across from Colorado Center in the heart of Santa Monica's thriving technology, media, life sciences, and entertainment district, presents a unique investment opportunity. The property boasts a total of 3,472 square feet, currently configured as two suites. While the building requires some refurbishment, its strategic location and flexible zoning offer significant upside potential. The zoning designation is SMLMSD*/SM OC, allowing for office and advanced technology uses (all zoning and permitted uses should be independently verified). The property includes ample parking with 10 spaces and two convenient drive-in bays. The entire building is currently available, offering a minimum divisible space of 3,472 square feet and a maximum contiguous space of 5,449 square feet. While the vacant square footage is listed as 8,921 square feet, this may reflect a discrepancy in the provided data and should be independently verified. This property is being offered in "as-is" condition. Investors and businesses seeking a prime Santa Monica location with significant renovation potential will find this offering particularly attractive. The property's proximity to Colorado Center and its position within a dynamic business district make it an ideal location for a variety of uses.

    Property Features for 1523 26Th St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,472 SF
    Total Rate
    9548

    Unit(s) available at that property

    Space
    Freestanding Building
    Size
    3,473 SF
    Rate per SF
    $33

    HighLights

    • Freestanding flex building totaling 3,472 square feet.
    • Building is currently vacant.
    • Features 10 parking spaces and 2 drive‑in doors.
    • Located across from Colorado Center in Santa Monica's tech/media district.
    • Zoned SMLMSD*/SM OC (Buyer/Tenant to verify permitted uses).
    • Requires renovations.
    Property Profile Location Intelligence

    Current Use by Public Records

    ring Corporate Office

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon 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
    -118.47209550032
    Latitude
    34.031449767228

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    FAQs

    What type of property is this?
    Flex space - Prime Santa Monica flex space; needs renovation.
    Where is this flex space located?
    The property is located at 1523 26Th St Santa Monica, CA.
    What is the lease rate?
    The lease rate is $33 SF/Yr.
    What are key features of this property?
    This property features: Freestanding flex building totaling 3,472 square feet.; Building is currently vacant.; Features 10 parking spaces and 2 drive-in doors.
    Request Owner's contact information
    1523 26Th St 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
    1523 26Th St Santa Monica, CA 90404
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