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1221 Colorado Ave
Santa Monica, CA 90404
Office Property For Sale
Investment Highlights
- Recently built Class A office with premium finishes and creative space design.
- Exceptional sustainability with a solar roof system and EV charging stations.
- Includes a world-class screening room with an adjoining lounge and bar area.
- Features a private outdoor deck complete with a full kitchen for tenant use.
- Strategically located near Metro E Line and major Westside transportation routes.
- Outstanding walk and bike scores supported by abundant nearby amenities.
Executive Summary
1221 Colorado Avenue in Santa Monica presents an exceptional opportunity to acquire a contemporary Class A office building in Los Angeles’ Westside submarket. Completed in 2022, this 45,243-square-foot asset features premier design elements with 19-foot deck-to-deck ceilings, high-end finishes, and a fully equipped screening room and lounge. The property incorporates modern sustainability measures, including a solar roof system and EV charging stations, complemented by a secure subterranean parking structure. Located in the thriving Mid-City Santa Monica neighborhood, it offers outstanding walkability and access to the Metro E Line, as well as proximity to major thoroughfares connecting to Downtown LA and the Silicon Beach area. With a dynamic mix of surrounding retail and lifestyle amenities, this building offers investors a rare chance to secure a recently built, trophy-quality asset in one of Southern California’s strongest office markets.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
45,244 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2022
Price
$63,658,306 CAD
Price Per SF
$1,407.00 CAD
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
15,081 SF
Building FAR
2.00
Lot Size
0.52 AC
Zoning
M1
Amenities
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Numbers | Improvements Assessment | $5,315,205 CAD | |
| Land Assessment | $28,341,480 CAD | Total Assessment | $33,656,685 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$28,341,480 CAD
Improvements Assessment
$5,315,205 CAD
Total Assessment
$33,656,685 CAD
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