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Executive Summary

Rare owner/user or developer offering with RTI permits for full interior redevelopment. Currently vacant and partially demolished—ready for immediate transformation.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
23,997 SF
Building Class
C
Year Built
1981
Price
$13,573,210 CAD
Price Per SF
$565.62 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
7,999 SF
Slab To Slab
10’
Building FAR
1.60
Lot Size
0.34 AC
Zoning
SMBCD* - Commercial
Parking
30 Spaces (1.25 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Controlled Access
  • Fenced Lot
  • Security System
  • Wheelchair Accessible
  • Smoke Detector

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Allen J. Lynch
  • -
  • -
  • -
  • -
  • -
  • Blue Stone Construction
  • Construction
  • -
  • $48.89 CAD
  • Full Service
  • Dec 2018
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Feb 2021

Dr. Stefan Hagopian is a board-certified osteopathic physician specializing in neuromusculoskeletal medicine and osteopathic manipulative treatment. He earned his DO degree from the University of New England College of Osteopathic Medicine in 1988 and has practiced in the Los Angeles area for over 35 years. He maintains a private clinic in Brentwood and a secondary practice location in Santa Monica. Additionally, Dr. Hagopian serves as an international educator, having been part of the first faculty teaching the biodynamic system of osteopathy since the late 1990s.

  • Karen Adams Acupuncture And Herbal Medicine
  • Health Care and Social Assistance
  • -
  • -
  • -
  • -
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Apr 2021

Dr. Deutsch is a Doctor of Acupuncture and Chinese Medicine and a California licensed acupuncturist. She is also nationally board certified in Oriental medicine, acupuncture, Chinese herbs, and biomedicine, and a Fellow of the American Board of Oriental and Reproductive Medicine (ABORM). In addition, she has a strong practice in functional medicine and nutrition, and has been certified in functional medicine by The Kalish Institute. I have also completed coursework with the Institute of Functional Medicine (IFM). She is devoted to the art of healing and grateful to have the opportunity to help others attain optimal health and wellness.

  • Ocean Psychological Services
  • Health Care and Social Assistance
  • -
  • -
  • -
  • -
  • Palladin Productions Inc.
  • Professional, Scientific, and Technical Services
  • -
  • -
  • Full Service
  • Oct 2021
  • Finance and Insurance
  • -
  • -
  • -
  • -

State Farm began in 1922 when G.J. Mecherle founded the business in central Illinois as an auto insurance company built around fairness for farmers and other drivers. The company has since grown into a mutual insurer that offers auto, home, renters, life, health, and business coverage, along with financial services and claims support. State Farm’s public materials describe a long-running focus on helping customers manage everyday risks, recover from unexpected events, and plan for the future. Recent company reporting also shows a broad market presence across insurance and related services, with a wide network of agent offices serving millions of policies and accounts.

  • Services
  • -
  • -
  • Full Service
  • Dec 2022

Transcendental Meditation traces its origins to India in 1955 when Maharishi Mahesh Yogi began teaching the technique publicly. The practice became popular in the 1960s-70s after gaining celebrity endorsements. In 1974, followers established Maharishi International University in Fairfield, Iowa, making it their US headquarters. The organization provides TM instruction through certified teachers and operates health centers offering Ayurvedic consultations. They run educational programs from preschool through graduate levels at Maharishi University. The organization also engages in community development projects promoting sustainable architecture and natural farming methods.

  • Health Care and Social Assistance
  • -
  • -
  • -
  • Sep 2025

Dr. Ben Weitz is a Sports Chiropractor who works with professional athletes, weekend warriors, and non-athletes. He has helped thousands of patients over the last 30 yrs. recover from back pain, neck pain, rotator cuff shoulder tendinitis, sports injuries, headaches, tennis elbow, hip & knee strain, plantar fascitis, TMJ, & other musculoskeletal injuries. He utilizes specialized massage techniques, along with gentle manipulation, & other therapies, including ultrasound, ems, laser, & therapeutic exercises to treat your joint and muscle pain.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Allen J. Lynch - - - - -
Blue Stone Construction Construction - $48.89 CAD Full Service Dec 2018
Health Care and Social Assistance - - - Feb 2021
Karen Adams Acupuncture And Herbal Medicine Health Care and Social Assistance - - - -
Health Care and Social Assistance - - - Apr 2021
Ocean Psychological Services Health Care and Social Assistance - - - -
Palladin Productions Inc. Professional, Scientific, and Technical Services - - Full Service Oct 2021
Finance and Insurance - - - -
Services - - Full Service Dec 2022
Health Care and Social Assistance - - - Sep 2025
Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
4282-021-025
Land Assessment
$17,185,702 CAD
Improvements Assessment
$8,378,030 CAD
Total Assessment
$25,563,732 CAD
  • Listing ID: 36560767

  • Date on Market: 2025-07-01

  • Last Updated:

  • Address: 1448 15th St, Santa Monica, CA 90404

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