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Property profile & analytics
FOR LEASE
Industrial properties

1823 Colorado Ave Santa Monica, CA 90404

14,652 SF 0.34 ac lot Built 1947
Entity Owned 21-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US10-0312192
Property summary
AI-generated overview

This exceptional Santa Monica executive office space, located at 1823 Colorado Ave, offers 7,500 square feet of immediately available space within a 15,000 square foot building. The property is situated in Los Angeles County, California, zip code 90404, and boasts a highly desirable location. The space is perfect for businesses seeking a blend of collaborative and private work environments. The layout includes open floor plans, private offices, and spacious conference rooms designed to foster creativity and productivity. A key feature is the built-in kitchen, complete with high-end finishes, adding to the inviting atmosphere. The unique architectural detail of bow-truss wood beam ceilings creates a sophisticated and inspiring workspace. The building also provides ample parking with 14 spaces available for tenants. This multi-tenant building offers a fantastic opportunity for businesses seeking a prestigious and functional office space in the heart of Santa Monica. The property is classified as an office building with an executive office subtype. The available space represents a significant portion of the building's total square footage, making it ideal for a larger company or a group of smaller businesses seeking a shared space. The address is easily accessible and conveniently located within Santa Monica.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1947
Construction WOOD
Total area 14,652 SF
Lot 0.34 ac (15,000 SF)
Zoning code SMM1*
APN 4275-013-012
UPID US10-0312192
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.23M
Owner & transaction history
Entertaiment Property Grp LLC · 21 yrs held
Entertaiment Property Grp LLC
since 2004
4 recorded transactions
2004
Price N/A
1995
$1.4M
1969
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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