310-899-2738
1630-1638 12th St, Santa Monica, CA for Sale
Loft/Creative Space - FOR SALE
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1630-1638 12th St
Santa Monica, CA 90404


HIGHLIGHTS

  • Excellent opportunity acquire a highly-regarded creative office property featuring high-quality interior upgrades.
  • The interior boasts a light and airy atmosphere with modern updates.
  • Operable steel windows, skylights, exposed wood truss ceilings, and polished concrete floors.

OVERVIEW

Lee & Associates Los Angeles West, Inc. is pleased to bring to market 1630-1638 12th Street. This fully leased investment opportunity includes two parcels: a 19,335 SF standalone creative office building on a 23,503 SF lot, and an adjacent 7,520 SF parking lot, totaling 31,023 SF of land. For the past 26 years, Radical Media, a leading media and production company based in New York, has occupied the entire property. Their lease is set to expire on July 31, 2027, with one five-year renewal option at market rates. Originally built in the 1950s and extensively renovated into creative office space in 1997, the property boasts an industrial-modernist design. The bright and airy interior features operable steel windows, skylights, exposed wood truss ceilings, and polished concrete floors. The layout combines open spaces with enclosed rooms, some including barn doors. The HVAC system comprises package units across various zones, allowing efficient airflow control. Additionally, there is a large kitchen area next to an outdoor covered patio and a separate building frequently used for casting. Positioned as a creative office space in Santa Monica, one of Los Angeles’ most sought-after locations, this property benefits from its proximity to major tech and media employers. The potential for investment and its close access to premier Santa Monica amenities, dining, and nightlife make 1630-1638 12th Street a compelling long-term investment opportunity in one of the most supply-constrained markets in the United States.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,189 SF

ZONING

SMM1

APN/PARCEL ID

4283-006-018,4283-006-021

ASK ABOUT THIS PROPERTY

George WilsonLee & Associates - West LAMore Info
310-899-2738

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George WilsonLee & Associates - West LAMore Info
310-899-2738

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