5110 Santa Monica Blvd Los Angeles, CA 90029
- Retail properties
- 976 SF
Current Use by Public Records
- Retail properties
Property Details for 5110 Santa Monica Blvd
- Property size
- 976 SF
- Property type
- Retail properties
Description
This exceptional 976-square-foot retail space is ideally situated at 5110 Santa Monica Boulevard in Los Angeles, CA 90029. Located in the thriving East Hollywood submarket, bordered by Hollywood, Los Feliz, Silver Lake, and Koreatown, this single-tenant property benefits from a densely populated area with over 78,000 residents within a one-mile radius. Boasting a walk score of 91, this location is perfect for businesses seeking high foot traffic. The property's strategic location is further enhanced by its proximity to major developments, including the planned 600,000-square-foot studio campus at the former Sears site on Santa Monica Boulevard. Several large-scale residential projects within a two-mile radius, such as AVA Hollywood (695 units), The Rise Hollywood (369 units), and the 6901 Santa Monica Boulevard development (231 units), contribute to a growing and dynamic neighborhood. Further fueling the area's growth are significant mixed-use developments, including Reliable Properties' "SunWest" project (293 residential units and 33,000 square feet of commercial space) and American Commercial Equities' project at 5420 Sunset Boulevard (735 residential units and 95,820 square feet of commercial space). This presents a unique opportunity for businesses to establish themselves in a rapidly expanding and highly desirable area of Los Angeles. The entire 976 square feet is currently vacant and ready for immediate occupancy.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.301
- Latitude
- 34.0907
