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2300 Wilshire Blvd - 2300 Wilshire 23,637 SF Retail Condo Unit Offered at $47,549,965 CAD in Santa Monica, CA 90403



Investment Highlights
- PRIME RETAIL OPPORTUNITY LOCATED AT THE HIGHLY VISIBLE CORNER OF WILSHIRE BLVD BETWEEN 23RD STREET AND 24TH STREET
- GROUND FLOOR RETAIL/COMMERCIAL UNITS INCLUDE TRADER JOES, EXER URGENT CARE AND FEDEX OFFICE AND PRINT SERVICES
- STRONG DEMOGRAPHICS AND TRAFFIC COUNTS
- LOCATED ON MAJOR THOROUGHFARE WILSHIRE BOULEVARD, THE PROPERTY HAS DIRECT ACCESS TO SANTA MONICA, BRENTWOOD, AND WEST LOS ANGELES
- THE AREA FEATURES A DIVERSE SELECTION OF RESTAURANTS AND COFFEE SHOPS
- EASY ACCESS TO PUBLIC TRANSPORTATION AND CONVENIENTLY POSITIONED NEAR THE 405 AND 10
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | 4276-017-125 |
| Cap Rate | 5.50% |
| Sale Type | Investment |
| Cap Rate | 5.50% |
| APN/Parcel ID | 4276-017-125 |
Description
California Realty Group, as exclusive advisor, proudly presents the ground floor retail/commercial component of this high profile mixed-use building. There are 4 retail/commercial units totaling 23,637 square feet. One of Trader Joes top performing stores anchors the property in 14,377 square feet. The other tenants included are Exer Urgent Care at 4,780 square feet, FedEx Office and Print Services at 2,240 square feet and one space available for lease at 2,240 square feet. The project includes 30 luxury condominiums located on the second and third floors, which are not a part of this offering. The site also provides an abundant amount of parking.
Located in a high traffic area, the site offers outstanding street presence, excellent visibility, and prominent signage. The property is surrounded by a variety of retail shops and services including regional and national grocery stores, coffee shops, restaurants, drug stores, and medical facilities. Additional mixed-use projects are currently under construction or planned along Wilshire Boulevard in Santa Monica.
Located in a high traffic area, the site offers outstanding street presence, excellent visibility, and prominent signage. The property is surrounded by a variety of retail shops and services including regional and national grocery stores, coffee shops, restaurants, drug stores, and medical facilities. Additional mixed-use projects are currently under construction or planned along Wilshire Boulevard in Santa Monica.
Sale Notes
2300 Wilshire Boulevard is situated along Wilshire Boulevard between 23rd and 24th Street, block to block. The property borders Brentwood, West Los Angeles, and surrounding affluent neighborhoods. The location is supported by high household incomes and significant daily traffic counts, offering exceptional visibility and access to a strong consumer base. The site also provides easy access to public transportation and is conveniently positioned near the 405 and 10 freeways.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 101-104 | 23,637 SF | Retail | $47,549,965 CAD ($2,011.68 CAD/SF) | $2,615,248.07 CAD |
Unit 101-104
| Unit Size |
| 23,637 SF |
| Condo Use |
| Retail |
| Price |
| $47,549,965 CAD ($2,011.68 CAD/SF) |
| NOI |
| $2,615,248.07 CAD |
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Unit 101-104
| Unit Size | 23,637 SF |
| Condo Use | Retail |
| Price | $47,549,965 CAD ($2,011.68 CAD/SF) |
| NOI | $2,615,248.07 CAD |
| Sale Type | Investment |
| Cap Rate | 5.50% |
| APN/Parcel ID | 4276-017-125 |
| Description | |
| California Realty Group, as exclusive advisor, proudly presents the ground floor retail/commercial component of this high profile mixed-use building. There are 4 retail/commercial units totaling 23,637 square feet. One of Trader Joes top performing stores anchors the property in 14,377 square feet. The other tenants included are Exer Urgent Care at 4,780 square feet, FedEx Office and Print Services at 2,240 square feet and one space available for lease at 2,240 square feet. The project includes 30 luxury condominiums located on the second and third floors, which are not a part of this offering. The site also provides an abundant amount of parking.<br> <br> Located in a high traffic area, the site offers outstanding street presence, excellent visibility, and prominent signage. The property is surrounded by a variety of retail shops and services including regional and national grocery stores, coffee shops, restaurants, drug stores, and medical facilities. Additional mixed-use projects are currently under construction or planned along Wilshire Boulevard in Santa Monica.</li></ul> | |
| Sale Notes | |
| 2300 Wilshire Boulevard is situated along Wilshire Boulevard between 23rd and 24th Street, block to block. The property borders Brentwood, West Los Angeles, and surrounding affluent neighborhoods. The location is supported by high household incomes and significant daily traffic counts, offering exceptional visibility and access to a strong consumer base. The site also provides easy access to public transportation and is conveniently positioned near the 405 and 10 freeways.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 60,184 SF | Typical Floor Size | 20,061 SF |
| Property Type | Multifamily (Condo) | Year Built | 2019 |
| Property Subtype | Apartment | Lot Size | 0.94 AC |
| Building Class | A | Parking Ratio | 1.94/1,000 SF |
| Floors | 3 | ||
| Zoning | C6 - Mixed-Use Boulevard | ||
| Total Building Size | 60,184 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | A |
| Floors | 3 |
| Typical Floor Size | 20,061 SF |
| Year Built | 2019 |
| Lot Size | 0.94 AC |
| Parking Ratio | 1.94/1,000 SF |
| Zoning | C6 - Mixed-Use Boulevard |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 828 - 946 |
| 2+2 | 18 | - | 1,131 - 1,699 |
| 2+2.5 | 6 | - | 1,371 - 1,711 |
Exceptionally walkable
90/100
Exceptionally drivable
100/100
Good public transit
60/100
Moderately bikeable
70/100
1 of 9
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2300 Wilshire Blvd - 2300 Wilshire
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