Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Office buildings

    1315 3rd St Promenade, Santa Monica, CA 90401-1354

    28,393 SF 0.17 ac lot Built 1991
    Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US09-6909944
    Property summary
    AI-generated overview

    This exceptional five-story retail property, located at 1315 3rd Street Promenade in Santa Monica, California (zip code 90401), presents a unique investment opportunity. The building is categorized as entertainment and restaurant space, ideal for a variety of uses. Its prime location on the bustling 3rd Street Promenade ensures high foot traffic and visibility, making it an attractive destination for businesses seeking a prominent presence in this vibrant area of Los Angeles County. The property is a single-tenancy building, offering a cohesive and easily managed space. The exact square footage is not specified, but the five-story structure suggests substantial space available. This property is perfect for a business looking to establish a flagship location or expand its existing operations in a high-demand market. The address is easily accessible and benefits from the high volume of pedestrian and vehicular traffic characteristic of the 3rd Street Promenade. Further details regarding lease terms and specific amenities are available upon request. This is a rare opportunity to secure a prominent retail space in one of Southern California's most desirable locations. Interested parties should inquire promptly to learn more about this exceptional property.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1991
    Construction STEEL FRAME
    Total area 28,393 SF
    Lot 0.17 ac (7,492 SF)
    Zoning code SMBSC1*
    APN 4291-012-017
    UPID US09-6909944
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Dialogue General Contractor Renovation Specialist
    • Chipotle Mexican Grill Restaurant
    • Camile Thai at Kitchen United MIX Restaurant
    • The Gallery Food Hall Restaurant
    • المعهد ecenglish High School
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Ed Samo LLC · 4 yrs held
    Ed Samo LLC
    since 2022
    Last sale
    $23.3M
    7 recorded transactions
    2022
    2021
    $23.3M
    2018
    2017
    2014
    2013
    $20.4M
    2010
    Zoning & alternative use
    SMBSC1* · Santa Monica, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 1315 3rd St Promenade?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message