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Property profile & analytics
OFF-MARKET Estimated value $3,975,000
Warehouses

1702 Olympic Blvd Santa Monica, CA 90404-3812

26,690 SF 0.31 ac lot Built 1981
Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-6282983
Property summary
AI-generated overview

This exceptional 2,450 square foot creative office space is immediately available in a desirable Santa Monica location. Situated in a Class B building constructed in 1981, this turnkey suite offers a modern open kitchen, abundant natural light, and excellent airflow. The space features high-height exposed wood ceilings and polished concrete floors, creating a stylish and functional work environment. A private gated entrance with a large reception area provides a professional and secure atmosphere. The building offers convenient amenities including two on-site EV charging stations and a private gated parking area located below the building at street level. This two-story building totals 13,350 square feet and provides 26 total parking spaces. The property's prime location offers easy access to major freeways including the 10 Freeway, Pacific Coast Highway (PCH), and the 405 Freeway. Commuters will also appreciate the short five-minute walk to the Metro Expo Line's 17th Street/Santa Monica College Station. The minimum divisible space is 2,450 square feet, with a maximum contiguous space also at 2,450 square feet. This is a single-building property with multiple tenants.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1981
Construction TILT-UP CONCRETE
Total area 26,690 SF
Lot 0.31 ac (13,563 SF)
Zoning code SMM1*
APN 4275-027-021
UPID US09-6282983
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
  • Hiilite Advertising Agency Marketing & Advertising
  • Turner Impact Capital Corporate Office Financial Advisor
  • The Futur Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Blind Inc Marketing & Advertising Advertising Agency
  • ring of fire Art Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$5.35M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.98M
Owner & transaction history
1702 Olympic Blvd LLC · 18 yrs held
1702 Olympic Blvd LLC
since 2007
7 recorded transactions
2026
Price N/A
2018
Price N/A
2007
Price N/A
2007
Price N/A
2005
Price N/A
1972
Price N/A
1969
Price N/A
Zoning & alternative use
SMM1* · Santa Monica, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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