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    FOR LEASE
    Office buildings

    2811 Wilshire Blvd, Santa Monica, CA 90403

    103,143 SF 0.95 ac lot Built 1973
    Individually Owned 25-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US09-6998524
    Property summary
    AI-generated overview

    This exceptional medical office building, Wilshire Tower, located at 2811 Wilshire Blvd in Santa Monica, CA 90403, offers a total of 5,580 square feet of space. Currently, the entire building is vacant and available for lease. The property is categorized as a multi-tenant building, perfect for a variety of medical practices or related businesses. Individual suites range from a minimum of 1,412 square feet to a maximum contiguous space of 2,235 square feet, providing flexibility for different needs. The building's location in Los Angeles County offers excellent visibility and accessibility, making it an ideal location for attracting patients and clients. This is a rare opportunity to secure a prominent medical office space in the highly desirable Santa Monica market. The property is ready for immediate occupancy, allowing for a quick and efficient start to your business operations. Interested parties are encouraged to inquire about lease terms and availability. The building's address is easily accessible and situated in a vibrant and thriving commercial area. This presents a unique chance to establish or expand your medical practice in a prime location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1973
    Construction STEEL FRAME
    Total area 103,143 SF
    Lot 0.95 ac (41,440 SF)
    Zoning code SMC6*
    APN 4266-009-060
    UPID US09-6998524
    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
    • Bradley A. Jabour, MD Physician Medical Clinic
    • Santa Monica Periodontics & Implant Surgery Dental Office
    • Schuster and Ochoco Dental Dental Office
    • Michael J Brand DDS Dental Office
    • Brian C. Alessini, DDS, SM Dental Center Dental Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $26.28M
    Owner & transaction history
    2811 Wilshire Assoc · 25 yrs held
    2811 Wilshire Assoc
    since 2000
    6 recorded transactions
    2019
    2000
    1988
    $5.1M
    1969
    1969
    1969
    Zoning & alternative use
    SMC6* · Santa Monica, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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