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1548-1550 18th St 5 570 pi² 100% Loué Bureau Immeuble Santa Monica, CA 90404 5 509 240 $ CAD (989,09 $ CAD/pi²)



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FAITS SAILLANTS DE L'INVESTISSEMENT
- Positioned in Santa Monica’s Mid-City corridor with direct access to Olympic Boulevard, Santa Monica Boulevard, and the Metro E Line station.
- Located in a high-income area with a median household income of $139,797 within a 1-mile radius and a Walk Score of 86 and Bike Score of 98.
- Half of the building is leased to Salinas Music through April 2029, while the remaining space will be delivered vacant for owner-user flexibility.
- Surrounded by major institutions including Santa Monica College, UCLA Health, and creative office campuses.
RÉSUMÉ DE L'ANNONCE
WESTMAC Commercial Brokerage Company presents an exclusive opportunity to acquire 1548-1550 18th Street, a ±5,570 SF single-story commercial building located in Santa Monica’s Mid-City corridor. This property offers a compelling owner-user or investment scenario, with approximately half the building (±2,904 SF) delivered vacant and the other half leased to Salinas Music through April 2029.
Built in 1959 and last renovated in 1968, the building sits on a ±7,500 SF lot and is zoned SMM1*/IC for commercial use. The site benefits from excellent connectivity—just blocks from Olympic Boulevard and near the Metro E Line station at 18th and Colorado. It boasts a Walk Score of 86 and a Bike Score of 98, underscoring its accessibility and appeal.
Surrounding amenities include Santa Monica College, UCLA Health, and a mix of creative office campuses and residential neighborhoods. Within a 1-mile radius, the median household income is $139,797 and the population exceeds 42,000, reinforcing the area’s long-term commercial viability.
This property represents a rare chance to own in one of Southern California’s most desirable coastal markets, offering both immediate utility and long-term upside.
Built in 1959 and last renovated in 1968, the building sits on a ±7,500 SF lot and is zoned SMM1*/IC for commercial use. The site benefits from excellent connectivity—just blocks from Olympic Boulevard and near the Metro E Line station at 18th and Colorado. It boasts a Walk Score of 86 and a Bike Score of 98, underscoring its accessibility and appeal.
Surrounding amenities include Santa Monica College, UCLA Health, and a mix of creative office campuses and residential neighborhoods. Within a 1-mile radius, the median household income is $139,797 and the population exceeds 42,000, reinforcing the area’s long-term commercial viability.
This property represents a rare chance to own in one of Southern California’s most desirable coastal markets, offering both immediate utility and long-term upside.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Bureau
Taille du bâtiment
5 570 pi²
Classe d’immeuble
C
Année de construction
1959
Prix
5 509 240 $ CAD
Prix par pi²
989,09 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Superficie de plancher typique
5 570 pi²
Dalle à dalle
11’
Coefficient d’occupation des sols de l’immeuble
0,74
Taille du lot
0,17 AC
Zonage
SMM1*
Stationnement
4 places (0,72 places par 1 000 pi² loué)
1 1
Walk Score®
Très pratique à pied (87)
Bike Score®
Un paradis pour un cycliste (98)
Impôts fonciers
| Numéro de lot | 4275-012-011 | Évaluation des bâtiments | 542 883 $ CAD |
| Évaluation du terrain | 2 887 484 $ CAD | Évaluation totale | 3 430 367 $ CAD |
Impôts fonciers
Numéro de lot
4275-012-011
Évaluation du terrain
2 887 484 $ CAD
Évaluation des bâtiments
542 883 $ CAD
Évaluation totale
3 430 367 $ CAD
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1548-1550 18th St
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