Property profile

7141 Santa Monica Blvd West Hollywood, CA 90046

FOR LEASE
Investment properties
Property ID
US09-9943724
181,163 SF 1.34 ac lot Built 2016
Individually Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail property, located at 7141 Santa Monica Boulevard, offers a substantial 5,030 square feet of completely vacant space, ideal for a single large tenant or multiple smaller businesses. The property is classified as retail and features a multi-tenant configuration, providing flexibility for various business models. The entire building is currently available for lease, presenting a unique opportunity for immediate occupancy. With ample parking accommodating 42 vehicles, customer and employee convenience is ensured. The property's prominent Santa Monica Boulevard location offers high visibility and accessibility, making it an attractive proposition for businesses seeking a strong presence in a bustling commercial area. The substantial square footage allows for creative layout designs to suit diverse business needs, from expansive retail showrooms to multi-functional spaces. This is a rare opportunity to secure a significant retail presence on a highly desirable thoroughfare. The building's size and parking capacity make it suitable for a wide range of retail concepts, from flagship stores to smaller boutiques. Interested parties are encouraged to inquire promptly to explore the possibilities this exceptional property offers. The entire 5,030 square feet is ready for immediate occupancy, allowing for a swift and efficient business launch. This prime location offers unparalleled potential for growth and success.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2016
Construction WOOD
Total area 181,163 SF
Lot 1.34 ac (58,354 SF)
Zoning code WDC2A*
APN 5531-009-035
UPID US09-9943724

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Electric Vehicle Charging Station
  • Grocery & Convenience Store Food Market
  • Hotel & Motel Bed & Breakfast
  • Apartment Complex Apartment Building
  • Restaurant

Location

7141 Santa Monica Blvd West Hollywood, CA 90046
West Hollywood metro Census 700101 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$18.62M
Blend (final) Blend
$25.37M

Owner & transaction history

since 2019
7 recorded transactions
2019
$103.2M
2019
Price N/A
2018
Price N/A
2017
Price N/A
2013
$13.6M
2011
$100,000
2011
Price N/A

Zoning & alternative use

WDC2A* · West Hollywood, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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