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Ocean Park Plaza 2701 Ocean Park Blvd 100,700 SF Vacant Office Building Santa Monica, CA 90405 $77,143,503 CAD ($766.07 CAD/SF)
INVESTMENT HIGHLIGHTS
- Assumable Financing Available!
- The Project’s current zoning allows for the entire building to be converted to Medical Office.
- Located directly across the street from the Santa Monica Business Park.
- Ocean Park Plaza currently has 73,557 square feet (73% of project) available for immediate occupancy, ideal for an owner/user.
- $8 million in recent capital upgrades.
EXECUTIVE SUMMARY
Colliers presents Ocean Park Plaza, a two-story, 100,700-square-foot office/medical building located in the highly desirable Ocean Park neighborhood of Santa Monica. With approximately $8 million invested into the property since 2017, Ocean Park Plaza offers an owner/user the unique opportunity to acquire a state-of-the-art, secure office project adjacent to the Santa Monica Business Park in the heart of Silicon Beach.
The property is ideally situated for both traditional and medical office users as the project features ample outdoor space, 11-foot ceiling heights, operable windows, direct freeway access, convenient covered parking, natural light, security, and walkable amenities.
With 73,557 square feet (73% of project) available for immediate occupancy, an owner/user could acquire the project, occupy all (or a portion of) the available space, and benefit from the income of the existing tenant roster. Given the strong market fundamentals and medical office optionality, an investor could also implement a value-add lease-up strategy with a large reduction in the amount of capital required due to the existing quality of the vacant suites and the recent renovation that took place.
PROPERTY FACTS
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
2nd Generation office/retail. Ground floor suite fronting Ocean Park Blvd. Reception, Conference room, 2 window offices, 2 interior rooms, operable windows and kitchenette.
2nd Generation office. Ground floor suite with direct access off the new tenant lounge.
Ground floor suite with direct access off the new tenant lounge. Shell condition and ready for a customized buildout. Suite features operable windows.
Move-in ready “jewel-box” creative office/retail space with direct access from Ocean Park Blvd. Reception, 28 Window offices, 2 large conference rooms, multiple meeting rooms, large open bullpen area and kitchen. Substantial use of glass throughout. Prominent building signage opportunity. For Office/Medical contact: Ben Silver. For “Retail” contact: Devin Klein.
Creative office with exposed ceiling and concrete floors, 1 office/conference room, open area for workstations, operable windows, kitchenette, dual glass lines providing an abundance of natural light.
Move-in ready creative spec suite; 1 conference room, 1 office, open area for workstations, operable windows, kitchenette, dual glass lines providing an abundance of natural light.
Move-in ready creative space with operable windows; 20+ offices; multiple conference rooms; large break/tenant lounge area; open plan seating for 50+; elevator identity. 2701 Ocean Park is located in bustling Santa Monica, only 2.5 miles from the sand and within walking distance to coffee, banks, gyms and parks. Otherwise known as Silicon Beach, tenants will find themselves in the backyard of entertainment and tech’s largest players — providing prime access to opportunity.
Unique large block of space ready for a customized buildout overlooking Ocean Park Blvd. and Clover Park. The suite provides an expansive window line on all 4 sides providing an abundance of natural light and features operable windows throughout.
Move-in ready creative office with 1 conference room, 2 offices, kitchenette and storage room. Suite features operable windows and skylights.
Shell condition and ready for a customized buildout. Suite features operable windows.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 100 | 1,776 SF | Office/Medical | Full Build-Out | Now |
| 1st Fl-Ste 104 | 1,659 SF | Office/Medical | Full Build-Out | Now |
| 1st Fl-Ste 112 | 2,230 SF | Office | Shell Space | Now |
| 1st Fl-Ste 140 | 17,544 SF | Office/Medical | Full Build-Out | Now |
| 2nd Fl-Ste 208 | 1,490 SF | Office/Medical | Spec Suite | Now |
| 2nd Fl-Ste 212 | 1,742 SF | Office/Medical | Spec Suite | Now |
| 2nd Fl-Ste 220 | 16,356 SF | Office/Medical | Spec Suite | 30 Days |
| 2nd Fl-Ste 250 | 20,210 SF | Office/Medical | Shell Space | Now |
| 2nd Fl-Ste 252 | 2,605 SF | Office/Medical | Spec Suite | Now |
| 2nd Fl-Ste 253 | 8,220 SF | Office/Medical | Shell Space | Now |
1st Fl-Ste 100
| Size |
| 1,776 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 104
| Size |
| 1,659 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 112
| Size |
| 2,230 SF |
| Space Use |
| Office |
| Condition |
| Shell Space |
| Available |
| Now |
1st Fl-Ste 140
| Size |
| 17,544 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 208
| Size |
| 1,490 SF |
| Space Use |
| Office/Medical |
| Condition |
| Spec Suite |
| Available |
| Now |
2nd Fl-Ste 212
| Size |
| 1,742 SF |
| Space Use |
| Office/Medical |
| Condition |
| Spec Suite |
| Available |
| Now |
2nd Fl-Ste 220
| Size |
| 16,356 SF |
| Space Use |
| Office/Medical |
| Condition |
| Spec Suite |
| Available |
| 30 Days |
2nd Fl-Ste 250
| Size |
| 20,210 SF |
| Space Use |
| Office/Medical |
| Condition |
| Shell Space |
| Available |
| Now |
2nd Fl-Ste 252
| Size |
| 2,605 SF |
| Space Use |
| Office/Medical |
| Condition |
| Spec Suite |
| Available |
| Now |
2nd Fl-Ste 253
| Size |
| 8,220 SF |
| Space Use |
| Office/Medical |
| Condition |
| Shell Space |
| Available |
| Now |
1st Fl-Ste 100
| Size | 1,776 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
2nd Generation office/retail. Ground floor suite fronting Ocean Park Blvd. Reception, Conference room, 2 window offices, 2 interior rooms, operable windows and kitchenette.
1st Fl-Ste 104
| Size | 1,659 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
2nd Generation office. Ground floor suite with direct access off the new tenant lounge.
1st Fl-Ste 112
| Size | 2,230 SF |
| Space Use | Office |
| Condition | Shell Space |
| Available | Now |
Ground floor suite with direct access off the new tenant lounge. Shell condition and ready for a customized buildout. Suite features operable windows.
1st Fl-Ste 140
| Size | 17,544 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
Move-in ready “jewel-box” creative office/retail space with direct access from Ocean Park Blvd. Reception, 28 Window offices, 2 large conference rooms, multiple meeting rooms, large open bullpen area and kitchen. Substantial use of glass throughout. Prominent building signage opportunity. For Office/Medical contact: Ben Silver. For “Retail” contact: Devin Klein.
2nd Fl-Ste 208
| Size | 1,490 SF |
| Space Use | Office/Medical |
| Condition | Spec Suite |
| Available | Now |
Creative office with exposed ceiling and concrete floors, 1 office/conference room, open area for workstations, operable windows, kitchenette, dual glass lines providing an abundance of natural light.
2nd Fl-Ste 212
| Size | 1,742 SF |
| Space Use | Office/Medical |
| Condition | Spec Suite |
| Available | Now |
Move-in ready creative spec suite; 1 conference room, 1 office, open area for workstations, operable windows, kitchenette, dual glass lines providing an abundance of natural light.
2nd Fl-Ste 220
| Size | 16,356 SF |
| Space Use | Office/Medical |
| Condition | Spec Suite |
| Available | 30 Days |
Move-in ready creative space with operable windows; 20+ offices; multiple conference rooms; large break/tenant lounge area; open plan seating for 50+; elevator identity. 2701 Ocean Park is located in bustling Santa Monica, only 2.5 miles from the sand and within walking distance to coffee, banks, gyms and parks. Otherwise known as Silicon Beach, tenants will find themselves in the backyard of entertainment and tech’s largest players — providing prime access to opportunity.
2nd Fl-Ste 250
| Size | 20,210 SF |
| Space Use | Office/Medical |
| Condition | Shell Space |
| Available | Now |
Unique large block of space ready for a customized buildout overlooking Ocean Park Blvd. and Clover Park. The suite provides an expansive window line on all 4 sides providing an abundance of natural light and features operable windows throughout.
2nd Fl-Ste 252
| Size | 2,605 SF |
| Space Use | Office/Medical |
| Condition | Spec Suite |
| Available | Now |
Move-in ready creative office with 1 conference room, 2 offices, kitchenette and storage room. Suite features operable windows and skylights.
2nd Fl-Ste 253
| Size | 8,220 SF |
| Space Use | Office/Medical |
| Condition | Shell Space |
| Available | Now |
Shell condition and ready for a customized buildout. Suite features operable windows.
PROPERTY TAXES
| Parcel Number | 4270-014-046 | Improvements Assessment | $56,155,863 CAD |
| Land Assessment | $45,726,915 CAD | Total Assessment | $101,882,778 CAD |
PROPERTY TAXES
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Ocean Park Plaza | 2701 Ocean Park Blvd
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