1541 Ocean Ave Santa Monica, CA 90401
This exceptional Class A retail property, located at 1541 Ocean Avenue in Santa Monica, California (90401), offers a rare opportunity to lease a flagship ground floor space totaling 3,917 square feet. The property boasts a highly desirable location directly across from the iconic Santa Monica Pier, ensuring maximum exposure to the over 9 million annual visitors. The building, renovated in 2023, features two suites across three stories within two buildings, with the entire 3,917 square feet currently available for lease. The space is zoned C2 and benefits from a convenient location near the intersection of Ocean Avenue and Broadway in the West LA submarket of Los Angeles County. Ample parking is provided with 100+ spaces in a dedicated subterranean lot, complete with valet services. This location is surrounded by thriving businesses, including well-known restaurants like The Ivy, Red O, and Blue Plate Taco, ensuring high foot traffic and visibility. The building features elevators and offers a Building Floor Area Ratio (FAR) of 3. This is a truly unique opportunity to establish a presence in one of Santa Monica's most sought-after retail locations.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.