1415 Wilshire Blvd Santa Monica, CA 90403
- Retail space
- 5,000 SF
- 0.11 lot acres
Current Use by Public Records
- Santa Monica Bay Roofing / Roofing Contractor
Property Details for 1415 Wilshire Blvd
- Year built
- 1930
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.11 lot acres
- Property size
- 5,000 SF
- Zone code
- SMC6*
- Property type
- Retail space
- APN
- 4281-011-026
- APU
- 4281011026
Description
This exceptional Santa Monica storefront, located at 1415 Wilshire Boulevard, presents a compelling owner-user opportunity. The 4,878 square foot building sits on a 5,000 square foot lot and boasts a prime location in the affluent Wilshire-Montana neighborhood, with a median household income exceeding $113,000 within a one-mile radius. Built in 1930, the property is zoned MUB (Mixed-Use Boulevard), allowing for diverse uses. Its strategic placement along Wilshire Boulevard, just east of 14th Street, ensures high visibility and significant vehicular traffic (approximately 28,000 cars daily). The property is conveniently located approximately one mile from Downtown Santa Monica and the Third Street Promenade, and a short 20-minute drive from LAX. Within walking distance are numerous amenities, including Vons, Rite Aid, Bank of America, and UCLA Santa Monica Hospital. A Walk Score of 92 designates it a "Walker's Paradise," and it's a 14-minute walk from the Expo Line's 17th Street/SMC Station. The property is being delivered vacant, providing an ideal canvas for an owner-user or operator seeking a prominent Santa Monica presence. The asking price is $3,500,000, with a price per square foot of $717.51. The property's APN is 4281-011-026. This is a single-story building.
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
- -118.489
- Latitude
- 34.0273
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA