1560 12th St - Loft/Creative Space FOR SALE


Santa Monica, CA 90401- Pico
$12,900,000 USD
424-256-6360
1560 12th St, Santa Monica, CA for Sale
$12,900,000 USD
Loft/Creative Space - FOR SALE
1/23
null | Request Cap Rate

NEW


1560 12th St
Santa Monica, CA 90401
Pico


HIGHLIGHTS

  • Great Natural Light
  • Easy Parking and Access
  • Move In Condition

OVERVIEW

PRICED TO SELL! 16,000 square feet of Creative Office Space, first time for sale in 30 years! Completely built out with offices, conference rooms, private entrances, lobby, 7 private bathrooms, 4 kitchens and surface parking for 34 cars, including 3 charging stations. Metro adjacent means great future development potential. Potential to retain AT&T as a roof tenant for income. Will cooperate in your 1031 exchange.

FOR SALE DETAILS

PRICE

$12,900,000 USD

PRICE/SF

$1,092 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

R&D, Distribution, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

M1

APN/PARCEL ID

4282-031-030

ASK ABOUT THIS PROPERTY

Adam DavisSanta Monica CreativeMore Info
424-256-6360

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Adam DavisSanta Monica CreativeMore Info
424-256-6360

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.