2901 Wilshire Blvd Santa Monica, CA 90403
- Medical offices
- 45,881 SF
- 0.51 lot acres
Current Use by Public Records
- Brandon Seto, D.D.S., M.S.D., A Professional Corporation (Endodontist) / Dental Clinic / Endodontist
- Bradley Seto, D.D.S., M.S.D., A Professional Corporation (Endodontist) / Dental Clinic / Endodontist
- Santa Monica Dental Office: Aaronson Steven DDS / Dentist
- Michael J. Payne DDS / Dentist / Cosmetic Dentist
- Dr. Susan E. Hale, DDS / Dentist
Property Details for 2901 Wilshire Blvd
- Year built
- 1964
- Construction
- STEEL FRAME
- Lot size
- 0.51 lot acres
- Property size
- 45,881 SF
- Zone code
- SMC6*
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 4266-009-039
- APU
- 4266009039
Description
This exceptional commercial property at 2901 Wilshire Boulevard in Los Angeles County offers a unique opportunity for multiple tenants. The building currently features nine total suites, with three immediately available for lease. The available spaces cater to a variety of medical and professional uses. Two fully equipped and turnkey-ready dental suites are ready for immediate occupancy, eliminating the need for extensive build-out and saving valuable time and resources. Additionally, a fully functional physical therapy suite is available, complete with necessary equipment and infrastructure. Finally, a smaller medical office space is also available, providing flexibility for a range of medical practices or other professional services. The property is categorized as both office and land, though the total building square footage is currently listed as zero. This suggests potential for future development or expansion, depending on the needs and vision of the tenant(s). The multiple tenancy structure allows for a diverse range of businesses to coexist within the building, creating a vibrant and collaborative environment. This prime Wilshire Boulevard location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a prestigious address in a thriving area of Los Angeles. Interested parties are encouraged to inquire for further details and lease terms. The property is situated in Los Angeles County.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $14,500,000
- 6.5%
- $13,385,000
- 7%
- $12,430,000
-
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $20,855,000 Current use
- AUTO REPAIR, GARAGE
- $21,220,000 Change: +2% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Santa Monica
- County
- Los Angeles
- State
- California
- Longitude
- -118.475
- Latitude
- 34.0387
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
