11022 Santa Monica Blvd - Office FOR SALE
West Los Angeles, CA 90025 |
11022 Santa Monica Blvd
West Los Angeles, CA 90025
HIGHLIGHTS
- Prime location on the corner of Santa Monica Blvd and Camden Ave
- 27,914 rentable s.f. (BOMA measured in June 2020)
- Significant (27%) upside in rents.
- Seller has spent over $800,000 in renovations.
- Excellent owner user opportunity.
- Seller will deliver approx. 9,000 s.f. vacant at closing. Additional space may be delivered vacant. Make offers.
OVERVIEW
The offering consists of a four-story office building located on the southwest corner of Santa Monica Boulevard and Camden Avenue in West Los Angeles. The improvements are of steel frame, glass and concrete construction, situated on a 11,029 S.F. lot. BOMA measured 27,914 s.f. in June 2020. Property has three levels of subterranean parking totaling 59 parking spaces, a ratio of 2.2/1,000 rentable square feet. Prime location, corner of Santa Monica Blvd and Camden Ave. Significant (27%) upside in rents. Excellent owner user opportunity.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
27914
STORIES
4
BUILDING CLASS
B
YEAR BUILT
1985
SPRINKLERS
-
PARKING SPACES
59
LAND DETAILS
LAND ACRES
0.26 AC AC
LAND SF
11,326 SF
ZONING
-
APN/PARCEL ID
4323-013-163
