1601 Colorado Ave Santa Monica, CA 90404
- Manufacturing properties
- 5,900 SF
- 0.17 lot acres
Current Use by Public Records
- Buddy Nutrition / Venture Capital Company
- Hippeas / Corporate Office
Property Details for 1601 Colorado Ave
- Year built
- 1955
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.17 lot acres
- Property size
- 5,900 SF
- Zone code
- SMM1*
- Property type
- Manufacturing properties
- APN
- 4282-036-013
- APU
- 4282036013
Description
This exceptional 5,900-square-foot flex/warehouse property at 1601 Colorado Avenue in Santa Monica, California, is offered for sale at $4,450,000 ($754/SF). The property features a desirable blend of private offices, open work areas, multiple meeting rooms, a conference space, a well-equipped kitchen, and ample storage. Architectural details include exposed wood ceilings and polished concrete floors, adding to its unique character. The building includes a convenient roll-up door for easy loading and unloading, and benefits from a rear alleyway providing excellent access. Ten parking spaces are available on-site. The property is situated in a prime location, offering close proximity to the new Santa Monica Expo Line, as well as convenient access to the I-10 and I-405 freeways, ensuring seamless commutes for employees and clients. The current net lease expires June 30, 2025. This presents a compelling investment opportunity in a thriving Santa Monica location. The property is zoned for office and industrial use, making it suitable for a variety of businesses. This is a rare opportunity to acquire a well-maintained and strategically located property in the heart of Santa Monica. The property's combination of modern amenities and classic architectural features makes it an attractive option for a wide range of potential buyers.
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
- Santa Monica
- County
- Los Angeles
- State
- California
- Longitude
- -118.481
- Latitude
- 34.0233
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA