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820 Wilshire Blvd
Santa Monica, CA 90401
Retail Property For Sale
Investment Highlights
- Freestanding restaurant building located eight blocks from the beach in Santa Monica.
- Ten on-site parking spaces plus additional metered street parking.
- Surrounded by dense residential neighborhoods and major retail destinations, including 3rd Street Promenade.
- Approximately 150 feet of frontage along Wilshire Boulevard for strong signage visibility.
- Fully built-out as a full-service pizza restaurant with functional kitchen infrastructure.
- Immediate access to major roadways and proximity to I-10 for regional connectivity.
Executive Summary
This freestanding restaurant property offers a rare ownership opportunity in the heart of Santa Monica, just eight blocks from the beach. Positioned along Wilshire Boulevard with approximately 150 feet of frontage, the site provides exceptional visibility and signage potential in a high-traffic corridor. The property spans approximately 1,932 square feet on a 5,000-square-foot parcel, zoned SMC6, and will be delivered vacant upon close, allowing for immediate repositioning or continued restaurant use.
The surrounding area is a vibrant mix of residential, retail, and office users, ensuring a steady flow of customers and strong market fundamentals. With proximity to the 3rd Street Promenade, Santa Monica Place, and major thoroughfares, the location benefits from significant pedestrian and vehicular traffic. Offered at $3,000,000, this asset presents an attractive opportunity for investors or owner-users seeking a well-located property in one of Southern California’s most desirable coastal markets.
The surrounding area is a vibrant mix of residential, retail, and office users, ensuring a steady flow of customers and strong market fundamentals. With proximity to the 3rd Street Promenade, Santa Monica Place, and major thoroughfares, the location benefits from significant pedestrian and vehicular traffic. Offered at $3,000,000, this asset presents an attractive opportunity for investors or owner-users seeking a well-located property in one of Southern California’s most desirable coastal markets.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
1,932 SF
Building Class
C
Year Built
1965
Price
$4,127,460 CAD
Price Per SF
$2,136.37 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.40
Lot Size
0.11 AC
Zoning
C4YY - Commercial C2 Uses with Limitation, R4 Uses
Parking
10 Spaces (5.18 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Signage
Property Taxes
| Parcel Number | 4282-009-024 | Improvements Assessment | $508,260 CAD |
| Land Assessment | $2,922,527 CAD | Total Assessment | $3,430,786 CAD |
Property Taxes
Parcel Number
4282-009-024
Land Assessment
$2,922,527 CAD
Improvements Assessment
$508,260 CAD
Total Assessment
$3,430,786 CAD
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