903 Colorado Ave - Flex FOR SALE


Santa Monica, CA 90401- Pico
$8,750,000 USD
310-899-2719
903 Colorado Ave, Santa Monica, CA for Sale
$8,750,000 USD
Flex - FOR SALE
1/3
null | Request Cap Rate

903 Colorado Ave
Santa Monica, CA 90401
Pico


OVERVIEW

RARE INVESTOR OPPORTUNITY Excellent opportunity acquires a highly regarded creative office property featuring high-quality interior upgrades. Situated in one of the most dynamic creative office markets in Greater Los Angeles, the property is presently leased to the Tenant. Tenant has two (2) option to extend. The first is a two (2) year, two (2) months option with pre-agreed terms and an outside notice date of October 31, 2026. The second option to extend is a five (5) year option to extend at fair market rates. MODERN CREATIVE BUILDOUT The interior boasts a light and airy atmosphere with modern updates, including operable steel windows, skylights, exposed wood truss ceilings, and polished concrete floors. The layout offers a balanced combination of open workspaces and private offices, with a high bay area. FIRST-CLASS LOCATION The property has excellent accessibility to the 10 and 405 Freeways, as well as the 17th/SMC and 5th Street Metro Station, which is just a 10-minute walk away. Santa Monica is a city known for its rich tradition and diversity. Its historic background, central location, and coastal charm have positioned it as an economic hub. The city is distinguished by its lively commercial districts, upscale residential neighborhoods, renowned hospitals, recreational and cultural venues, major corporate headquarters, and thriving tech, media, and entertainment industries.

FOR SALE DETAILS

PRICE

$8,750,000 USD

PRICE/SF

$545 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

1

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.33

LAND SF

14,375

ZONING

M1

APN/PARCEL ID

4282-029-009

ASK ABOUT THIS PROPERTY

Keith FieldingLee & Associates - West LAMore Info
310-899-2719

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

Keith FieldingLee & Associates - West LAMore Info
310-899-2719

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