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Freestanding Retail Building in Santa Monica
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2331 4th St, Santa Monica, CA 90405

Unique retail building in a desirable Santa Monica location.

Property Size2,388 SF
Lot Size0.13 Acres
Price / SF$1,151
Days on Market1125

Property Features for 2331 4th St

General Information

Standard status Active
Size 2,388 SF
Lot size 0.13 Acres
Property subtype Retail
Zoning SMOP2
Investment Type Owner/User

Building Details

Year Built 1925
Stories 1
Listing Agency: Lee & Associates - Los Angeles - West
Listed By: Douglas R. Marshall, SIOR · License #CA 00869275
Source: Crexi
Added: Aug 8, 2023 Changed: Aug 13 Last Checked: Sep 4 at 11:37AM

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 Lee & Associates - Los Angeles - West

Investment Insights

Based on property information with market context.

This freestanding retail building is located at 2331 4th Street in Santa Monica. The property offers approximately 2,388 square feet of space on a 5,585 square feet lot. Constructed in 1925, the one-story building has a versatile layout and includes front and back parking. Recent upgrades include a new HVAC system and roof, along with numerous interior and exterior improvements. The property is situated just south of the 10 Freeway and a short distance from Main Street, providing excellent accessibility. It is also located near Santa Monica Airport, LAX, and various public transportation stops. The surrounding area features an affluent residential population.

Key Highlights

  • Prime Santa Monica location in an affluent residential area with a dense retail population.
  • Freestanding retail building with approximately 2,388 square feet of space.
  • Recent upgrades including a new HVAC system and roof.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Butcher Restaurant Clothing & Fashion Store (Bike/Boat/Book/etc) Store Mobile Phone Store Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,359
Businesses Nearby
186k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 53% Shops & Services 37% Groceries 9% Electronics 1%
Chick-fil-A Dining
30,006 visits/mo 0.4 miles
McDonald's Dining
19,236 visits/mo 0.5 miles
Urth Caffe Dining
17,729 visits/mo 0.2 miles
Gelson's Market Groceries
16,045 visits/mo 0.5 miles
ARCO Shops & Services
15,597 visits/mo 0.4 miles

Demographics for 90405, CA

27,966
Population
15,726
Households
1.8
Avg Household Size
43
Median Age
70%
College-Educated
96%
High-School Grad
2.8 sq mi
ZIP Area
9,988
Density / Sq Mi
$114,489
Median Household Income
$84,727
Median Earnings
$2,311
Median Rent
$1,940,700
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Similar Off Market Nearby

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  • Water Studio Santa Monica, CA 90401
  • Bloom Boom 500 Broadway #223, Santa Monica, CA 90401

Frequently Asked Questions

What type of property is this?
Storefront property - Unique retail building in a desirable Santa Monica location.
Where is this storefront property located?
The property is located at 2331 4th St Santa Monica, CA.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Prime Santa Monica location in an affluent residential area with a dense retail population.; Freestanding retail building with approximately **2,388 square feet** of space.; Recent upgrades including a **new HVAC system and roof**.
More about this property
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