1601 Colorado Ave Santa Monica, CA 90404-3318
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.
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Buddy Nutrition Venture Capital Company
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Hippeas Corporate Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
SMM1* · Santa Monica, CASanta Monica. Always verify with local authorities before improvements.
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.