1438-1444 9th St - Loft/Creative Space FOR SALE


Santa Monica, CA 90401
$13,950,000 USD
310-478-7729
1438-1444 9th St, Santa Monica, CA for Sale
$13,950,000 USD
Loft/Creative Space - FOR SALE
1/42
null | Request Cap Rate

1438-1444 9th St
Santa Monica, CA 90401


HIGHLIGHTS

  • GREAT OWNER-USER OPPORTUNITY
  • PERFECT FOR A VAREITY OF LIGHT INDUSTRIAL, FLEX OR OTHER COMMERCIAL USERS
  • TERRIFFIC SANTA MONICA LOCATION
  • WITHIN CLOSE PROXIMITY TO DOWNTOWN SANTA MONICA, WEST LA, THE 10 FREEWAY AND THE EXPO LIGHT RAIL
  • PARKING FOR 45 CARS IN A SECURE SUBTERRANEAN PARKING GARAGE
  • ALLEY ACCESS / 2 LOADING DOORS IN THE REAR OF THE PROPERTY

OVERVIEW

GREAT OWNER-USER OPPORTUNITY - Great building for an owner-user to own and control their facility. - Perfect for a combination office/light industrial use, flex or other commercial/industrial uses. - Owner can occupy approximately 80% of the property at close of escrow which includes approximately 9,500 sf of second floor office area and approximately 6,000 sf of ground floor warehouse/flex area. - Building is perfect for a variety of light industrial, flex, office, studio or other uses. PROPERTY HIGHLIGHTS - Property consists of an elevator served two story office/industrial/flex building with one level of subterranean parking. The majority of parking is located in a secure, subterranean - parking garage. Parking for 45 cars. Additional street parking is available. - Open air second floor patio/deck area - Two partial dock high loading doors in the rear of the property - Alley access. EXCELLENT LOCATION - Located in the highly desirable Submarket of Santa Monica with close proximity to the 10 Freeway, Downtown Santa Monica, West L.A. and The Expo Rail Line. - Highly desirable community with a dense residential population surrounding the subject property. Building is situated on the West side of 9th Street just North of Broadway providing convenient access to Third Street Promenade. - Numerous brand new mixed use developments in close proximity to the subject property - Many popular restaurants and retail establishments within close proximity to the subject property including Vons, Walgreens, UCLA Medical Center, Kaiser Permanente, Santa Monica Lexus, Starbucks, and more.

FOR SALE DETAILS

PRICE

$13,950,000 USD

PRICE/SF

$725 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

R3

APN/PARCEL ID

4282-027-034

ASK ABOUT THIS PROPERTY

Justin AltemusThe Altemus CompanyMore Info
310-478-7729

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Justin AltemusThe Altemus CompanyMore Info
310-478-7729

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.