1618 Ocean Park Blvd - Retail FOR SALE


Santa Monica, CA 90405- Sunset Park
$1,395,000 USD
818-501-4888
1618 Ocean Park Blvd, Santa Monica, CA for Sale
$1,395,000 USD
Retail - FOR SALE
1/7
null | Request Cap Rate

1618 Ocean Park Blvd
Santa Monica, CA 90405
Sunset Park


HIGHLIGHTS

  • Property to be sold by public auction Thursday September 4, 2025 @ 10:00 A.M. at site
  • Please contact listing office or see listing office website for Auction Terms & Conditions, registration, & auction requirements.
  • Buyer to verify all Loopnet/Costar info & advised to investigate all aspects of the property & verify the accuracy of all information provided.
  • LEASES AVAILABLE UPON REQUEST. MAY BE SUBJECT TO COURT CONFIRMATION.
  • INSPECTIONS: THURSDAY, AUGUST 21 & 28 (11:00 A.M.-2:00 P.M.) & 1 HOUR BEFORE AUCTION.

OVERVIEW

FAMILY TRUST AUCTION!!! RARE OPPORTUNITY TO BUY A COMMERCIAL PROPERTY WITH PARKING ON HIGH VISIBILITY, OCEAN PARK BLVD, IN THE HIGHLY SOUGHT AFTER CITY OF SANTA MONICA. ONE OF THE MOST DESIRABLE BEACH CITIES IN SOUTHERN CALIFORNIA. CURRENTLY, THERE ARE 3 TENANTS ON THE PROPERTY INCLUDING THE FABULOUS GHISALLO RESTAURANT. PARKING IN REAR WITH ALLEY ACCESS. INCOME: GHISALLO – $7,669 PER MONTH JYAN ISAAC BREAD – $1,800 PER MONTH SITE SPECIFIC ARCHITECTURE – $1,800 PER MONTH Property to be sold by public auction Thursday September 4, 2025 @ 10:00 A.M. at site. Please contact listing office or see listing office website for Auction Terms & Conditions, registration, & auction requirements. Registered agents/brokers must attend auction. Buyer to verify all MLS info, including permits & uses, parking, bed/bath counts, square footage, Zoning, Utilities, schools, and their enrollment availability. Buyer is advised to investigate all aspects of the property & verify the accuracy of all information provided. Offers possibly accepted prior to auction. Showing requests made through MLS portal will not be responded to. Years ago, property used to operate as a dry cleaners. LEASES AVAILABLE UPON REQUEST. MAY BE SUBJECT TO COURT CONFIRMATION.

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$563 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,994 SF

ZONING

-

APN/PARCEL ID

4285-005-006

ASK ABOUT THIS PROPERTY

Brian WeinerFlans & WeinerMore Info
818-501-4888

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Brian WeinerFlans & WeinerMore Info
818-501-4888

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