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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
$14,062,964 CAD
Price Per SF
$586.03 CAD
Percent Leased
Vacant
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
  • -
  • $50.47 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.

  • Health Care and Social Assistance
  • -
  • -
  • -
  • -

Karen Adams Acupuncture and Herbal Medicine offers acupuncture and herbal medicine care grounded in Traditional Chinese Medicine, with services that also include cupping, moxibustion, massage, and chiropractic support. The practice’s founder, Karen Adams, is an acupuncturist and herbalist who trained in biology and Chinese medicine, building a patient-centered approach around individualized treatment and time spent understanding each patient’s health needs. The company focuses on conditions such as pain, stress, sleep concerns, digestive issues, reproductive health, and pregnancy-related care, reflecting a broad Chinese medicine practice. Public materials also indicate that the business has served the Santa Monica community since the early 2000s.

  • 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 as a mutual auto insurer founded by George J. Mecherle, who wanted pricing based on drivers' actual risk rather than broad categories. Over time, the company expanded beyond auto coverage into homeowners, renters, farm and ranch, life, health, disability, liability, and business insurance. State Farm also offers financial services, including banking through an alliance with U.S. Bank and investment products such as mutual funds and advisory services. The business now serves a broad customer base through a large agent network and manages insurance and financial service products across a wide range 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 - $50.47 CAD Full Service Dec 2018
Health Care and Social Assistance - - - Feb 2021
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

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 464 SF
  • Office
  • Partial Build-Out
  • Now

Positioned in the vibrant core of Santa Monica, the Meridian Building at 1448 15th Street delivers flexibility for businesses seeking prime office accommodations. Spanning three levels across 23,997 square feet, the property features open layouts ready for customization, available immediately for tenants who value adaptability and convenience. Amenities include secured access, a fenced lot, a reliable security system, and ADA compliance, making it suitable for creative, professional, or medical office users. Located just blocks from iconic Santa Monica Boulevard, the building offers quick access to I-10, nearby bus lines, and extensive retail, dining, and lifestyle amenities. The neighborhood’s robust infrastructure and thriving commercial ecosystem foster growth while providing tenants with ample opportunities to connect with the local community. Covered and surface parking options support commuter convenience, while bicycle access and the property’s exceptional transit score enhance mobility alternatives. Businesses seeking modern office space in an established and walkable environment will find this property well-suited to deliver operational efficiency and visibility.

  • 2nd Floor
  • 11,767 SF
  • Office
  • Partial Build-Out
  • Now

Positioned in the vibrant core of Santa Monica, the Meridian Building at 1448 15th Street delivers flexibility for businesses seeking prime office accommodations. Spanning three levels across 23,997 square feet, the property features open layouts ready for customization, available immediately for tenants who value adaptability and convenience. Amenities include secured access, a fenced lot, a reliable security system, and ADA compliance, making it suitable for creative, professional, or medical office users. Located just blocks from iconic Santa Monica Boulevard, the building offers quick access to I-10, nearby bus lines, and extensive retail, dining, and lifestyle amenities. The neighborhood’s robust infrastructure and thriving commercial ecosystem foster growth while providing tenants with ample opportunities to connect with the local community. Covered and surface parking options support commuter convenience, while bicycle access and the property’s exceptional transit score enhance mobility alternatives. Businesses seeking modern office space in an established and walkable environment will find this property well-suited to deliver operational efficiency and visibility.

  • 3rd Floor
  • 11,766 SF
  • Office
  • Partial Build-Out
  • Now

Positioned in the vibrant core of Santa Monica, the Meridian Building at 1448 15th Street delivers flexibility for businesses seeking prime office accommodations. Spanning three levels across 23,997 square feet, the property features open layouts ready for customization, available immediately for tenants who value adaptability and convenience. Amenities include secured access, a fenced lot, a reliable security system, and ADA compliance, making it suitable for creative, professional, or medical office users. Located just blocks from iconic Santa Monica Boulevard, the building offers quick access to I-10, nearby bus lines, and extensive retail, dining, and lifestyle amenities. The neighborhood’s robust infrastructure and thriving commercial ecosystem foster growth while providing tenants with ample opportunities to connect with the local community. Covered and surface parking options support commuter convenience, while bicycle access and the property’s exceptional transit score enhance mobility alternatives. Businesses seeking modern office space in an established and walkable environment will find this property well-suited to deliver operational efficiency and visibility.

Space Size Space Use Build-Out Available
1st Floor 464 SF Office Partial Build-Out Now
2nd Floor 11,767 SF Office Partial Build-Out Now
3rd Floor 11,766 SF Office Partial Build-Out Now

1st Floor

Size
464 SF
Space Use
Office
Build-Out
Partial Build-Out
Available
Now

2nd Floor

Size
11,767 SF
Space Use
Office
Build-Out
Partial Build-Out
Available
Now

3rd Floor

Size
11,766 SF
Space Use
Office
Build-Out
Partial Build-Out
Available
Now

1st Floor

Size 464 SF
Space Use Office
Build-Out Partial Build-Out
Available Now

Positioned in the vibrant core of Santa Monica, the Meridian Building at 1448 15th Street delivers flexibility for businesses seeking prime office accommodations. Spanning three levels across 23,997 square feet, the property features open layouts ready for customization, available immediately for tenants who value adaptability and convenience. Amenities include secured access, a fenced lot, a reliable security system, and ADA compliance, making it suitable for creative, professional, or medical office users. Located just blocks from iconic Santa Monica Boulevard, the building offers quick access to I-10, nearby bus lines, and extensive retail, dining, and lifestyle amenities. The neighborhood’s robust infrastructure and thriving commercial ecosystem foster growth while providing tenants with ample opportunities to connect with the local community. Covered and surface parking options support commuter convenience, while bicycle access and the property’s exceptional transit score enhance mobility alternatives. Businesses seeking modern office space in an established and walkable environment will find this property well-suited to deliver operational efficiency and visibility.

2nd Floor

Size 11,767 SF
Space Use Office
Build-Out Partial Build-Out
Available Now

Positioned in the vibrant core of Santa Monica, the Meridian Building at 1448 15th Street delivers flexibility for businesses seeking prime office accommodations. Spanning three levels across 23,997 square feet, the property features open layouts ready for customization, available immediately for tenants who value adaptability and convenience. Amenities include secured access, a fenced lot, a reliable security system, and ADA compliance, making it suitable for creative, professional, or medical office users. Located just blocks from iconic Santa Monica Boulevard, the building offers quick access to I-10, nearby bus lines, and extensive retail, dining, and lifestyle amenities. The neighborhood’s robust infrastructure and thriving commercial ecosystem foster growth while providing tenants with ample opportunities to connect with the local community. Covered and surface parking options support commuter convenience, while bicycle access and the property’s exceptional transit score enhance mobility alternatives. Businesses seeking modern office space in an established and walkable environment will find this property well-suited to deliver operational efficiency and visibility.

3rd Floor

Size 11,766 SF
Space Use Office
Build-Out Partial Build-Out
Available Now

Positioned in the vibrant core of Santa Monica, the Meridian Building at 1448 15th Street delivers flexibility for businesses seeking prime office accommodations. Spanning three levels across 23,997 square feet, the property features open layouts ready for customization, available immediately for tenants who value adaptability and convenience. Amenities include secured access, a fenced lot, a reliable security system, and ADA compliance, making it suitable for creative, professional, or medical office users. Located just blocks from iconic Santa Monica Boulevard, the building offers quick access to I-10, nearby bus lines, and extensive retail, dining, and lifestyle amenities. The neighborhood’s robust infrastructure and thriving commercial ecosystem foster growth while providing tenants with ample opportunities to connect with the local community. Covered and surface parking options support commuter convenience, while bicycle access and the property’s exceptional transit score enhance mobility alternatives. Businesses seeking modern office space in an established and walkable environment will find this property well-suited to deliver operational efficiency and visibility.

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
$17,508,684 CAD
Improvements Assessment
$8,535,483 CAD
Total Assessment
$26,044,167 CAD
  • Listing ID: 41114233

  • Date on Market: 2025-07-01

  • Last Updated:

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

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