Log In/Sign Up
Your email has been sent.
1031-1033 Montana Ave 2,929 SF Retail Building Santa Monica, CA 90403 $10,296,106 CAD ($3,515.23 CAD/SF)
Investment Highlights
- Heavy daytime foot traffic
- Steps from premier dining, boutique retail, and everyday amenities
- Consistent tenant demand with a strong mix of local and national brands
- Large display windows for maximum exposure
- Surrounded by high-income demographics with strong consumer spending
- Fully Renovated in 2015
Executive Summary
1031 – 1033 Montana Avenue presents a rare opportunity to acquire a fully leased, single-tenant NNN retail investment located along one of Montana Avenue’s most coveted corridors. The ±2,929 SF building, situated on a ±5,380 SF lot, has been fully renovated and offers exceptional street frontage, prominent visibility, and strong pedestrian traffic driven by affluent surrounding demographics.
The property is 100% leased to Restore Hyper Wellness, a nationally recognized, membership-based wellness concept, under a long-term triple net lease providing stable, passive income with 3% annual increases and minimal landlord responsibilities. Positioned in the heart of Santa Monica’s premier coastal market, just moments from the beach, Palisades Park, and high-end retail and dining—this asset combines secure cash flow with long-term appreciation potential in one of Los Angeles’ most supply-constrained and desirable submarkets.
• Exceptional visibility along one of Santa Monica’s most sought-after retail corridors
• Large display windows for maximum exposure
• Surrounded by high-income demographics with strong consumer spending
• Steps from premier dining, boutique retail, and everyday amenities
• Consistent tenant demand with a strong mix of local and national brands
• Close proximity to Palisades Park and the beach
• Easy access to Pacific Coast Highway and key Westside thoroughfares
• Fully Renovated in 2015
The property is 100% leased to Restore Hyper Wellness, a nationally recognized, membership-based wellness concept, under a long-term triple net lease providing stable, passive income with 3% annual increases and minimal landlord responsibilities. Positioned in the heart of Santa Monica’s premier coastal market, just moments from the beach, Palisades Park, and high-end retail and dining—this asset combines secure cash flow with long-term appreciation potential in one of Los Angeles’ most supply-constrained and desirable submarkets.
• Exceptional visibility along one of Santa Monica’s most sought-after retail corridors
• Large display windows for maximum exposure
• Surrounded by high-income demographics with strong consumer spending
• Steps from premier dining, boutique retail, and everyday amenities
• Consistent tenant demand with a strong mix of local and national brands
• Close proximity to Palisades Park and the beach
• Easy access to Pacific Coast Highway and key Westside thoroughfares
• Fully Renovated in 2015
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,929 SF
Building Class
B
Year Built
1950
Price
$10,296,106 CAD
Price Per SF
$3,515.23 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.54
Lot Size
0.12 AC
Zoning
SMC2YY
Parking
8 Spaces (2.7 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Air Conditioning
Exceptionally walkable
90/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 4280-024-015 | Improvements Assessment | $495,300 CAD |
| Land Assessment | $5,778,557 CAD | Total Assessment | $6,273,856 CAD |
Property Taxes
Parcel Number
4280-024-015
Land Assessment
$5,778,557 CAD
Improvements Assessment
$495,300 CAD
Total Assessment
$6,273,856 CAD
Contacts
-
Spencer Horak -
Duncan Lemmon -
Jennifer Town -
Lee & Associates, Los Angeles West, Inc
1 of 14
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
1031-1033 Montana Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.