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The 31 - Silicon Beach 3115-3125 Santa Monica Blvd 7,500 SF 100% Leased Retail Building Santa Monica, CA 90404 $5,769,666 CAD ($769.29 CAD/SF)



Executive Summary
The Property is a single-story freestanding retail/office building which will be delivered vacant at the close of escrow | Located on vibrant Santa Monica Boulevard in Santa
Monica with many walkable amenities in the area including restaurants, cafes, bars, an eclectic mix of retail shops and much more | The demographic profile of the surrounding areas gives the underlying real estate a strong intrinsic value | The average household income within a 3-mile radius of the subject property is $149,580 | Great visibility with Santa Monica Boulevard frontage and tremendous daily automobile traffic; 30,000 cars per day pass this site | On Santa Monica Boulevard with convenient access to the
405 & 10 freeways | Easy accessible location for Santa Monica, West LA & Brentwood area residents
Monica with many walkable amenities in the area including restaurants, cafes, bars, an eclectic mix of retail shops and much more | The demographic profile of the surrounding areas gives the underlying real estate a strong intrinsic value | The average household income within a 3-mile radius of the subject property is $149,580 | Great visibility with Santa Monica Boulevard frontage and tremendous daily automobile traffic; 30,000 cars per day pass this site | On Santa Monica Boulevard with convenient access to the
405 & 10 freeways | Easy accessible location for Santa Monica, West LA & Brentwood area residents
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,500 SF
Year Built
1964
Price
$5,769,666 CAD
Price Per SF
$769.29 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.51
Lot Size
0.34 AC
Zoning
SMC4*
Parking
70 Spaces (9.33 Spaces per 1,000 SF Leased)
Frontage
96’ on Santa Monica Blvd
Amenities
- Atrium
- Banking
- Bus Line
- Conferencing Facility
- Courtyard
- Fenced Lot
- Food Court
- Metro/Subway
- Raised Floor
- Restaurant
- Security System
- Signage
- Tenant Controlled HVAC
- Enclosed Mall
- Storage Space
- Air Conditioning
Moderately walkable
70/100
Exceptionally drivable
100/100
Good public transit
70/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 4267-013-024 | Improvements Assessment | $355,427 CAD |
| Land Assessment | $501,446 CAD | Total Assessment | $856,872 CAD |
Property Taxes
Parcel Number
4267-013-024
Land Assessment
$501,446 CAD
Improvements Assessment
$355,427 CAD
Total Assessment
$856,872 CAD
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The 31 - Silicon Beach | 3115-3125 Santa Monica Blvd
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