1820 Santa Monica Blvd Santa Monica, CA 90404-1939

Property Details for 1820 Santa Monica Blvd

Year built

1976

Construction

TILT-UP CONCRETE

Lot size

0.11 lot acres

Property size

5,836 SF

Zone code

SMC4*

Property type

Automotive properties

APN

4275-010-002

APU

4275010002

Description

This exceptional retail property, located at 1820-1836 Santa Monica Boulevard in Santa Monica, California, presents a rare investment opportunity. The 12,466 square foot building sits on a substantial 29,993 square foot lot (APN: 4275-010-001 | 4275-010-002 | 4275-010-003 | 4275-010-004) and is zoned SMGC (General Commercial). Currently operating as an automotive sales facility, the property offers significant potential for redevelopment. The asking price is $18,000,000. Alternatively, a ground lease is available for a term up to 99 years at a monthly rate of $120,000. This hard-corner, signalized site boasts impressive visibility and high traffic counts of 31,350 vehicles per day. Its prime location on Santa Monica Boulevard places it near the beach, Santa Monica Pier, Third Street Promenade, and major transportation hubs, including proximity to the Metro Rail Line. The property's central location offers easy access to major tech employers such as Google, Snapchat, Twitter, Oracle, and Hulu. Potential future uses include medical, residential, retail, and EV parking, making this a truly generational trophy asset in one of the world's most desirable cities. The property allows for income generation while pursuing entitlements for future development.

Location Insight

City

Santa Monica

County

Los Angeles

State

California

Longitude

-118.481

Latitude

34.0274

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments