1762 14th St - Office FOR SALE


Santa Monica, CA 90404- Pico
$4,995,000 USD
310-899-2700
1762 14th St, Santa Monica, CA for Sale
$4,995,000 USD
Office - FOR SALE
1/22
null | Request Cap Rate

1762 14th St
Santa Monica, CA 90404
Pico


HIGHLIGHTS

  • New Skylights, Windows, & Roof
  • New HVAC Throughout
  • Frameless Glass Offices & Dedicated Server Room
  • All New Electrical Systems
  • Interactive Intercom for Controlled Access
  • 13 Camera CCTV & Alarm System

OVERVIEW

1762 14th Street presents the rare opportunity to acquire a first-class owner user compound located within Santa Monica’s West Olympic Corridor, amongst some of the most prolific tech and media firms in the world. The property recently underwent a full renovation totaling more than $1,600,000. The main building contains 6 executive offices, 2 smaller offices or file rooms, a large conference room, full kitchen, 4 bathrooms, I.T. room, storage rooms as well as large built-in work spaces. 12-foot-tall windows, frameless glass offices, and 17-foot tall exposed wood beam ceilings make the interior bright and expansive. 4 separate HVAC systems allow for efficient cooling / heating zones for each office. The large kitchen includes Caesarstone countertops and new appliances including a washer / dryer. The property also offers a Buyer the opportunity to generate additional income in the front 920 SF building along 14th Street, separate from the main 3,996 SF structure. With minor renovations, this front building is situated well for a small retail or office user. This is an opportunity to gain an architecturally significant creative conversion and timeless asset that rarely comes available in the area.

FOR SALE DETAILS

PRICE

$4,995,000 USD

PRICE/SF

$1,016 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

SM NC

APN/PARCEL ID

4283-014-001

ASK ABOUT THIS PROPERTY

Aleks TrifunovicLee & Associates - West LAMore Info
310-899-2700

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Aleks TrifunovicLee & Associates - West LAMore Info
310-899-2700

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