• $9,735,000

    Asking Price

  • 0.41

    Acres

  • MUB & R-2

    Zoning

  • Development

    Property Type

  • Vacant

    Tenancy

  • 1

    Buildings

$9,735,000

Asking Price

0.41

Acres

MUB & R-2

Zoning

Development

Property Type

Vacant

Tenancy

1

Buildings

Offering Summary

Address

  • 1901 Wilshire Blvd & 1143 19th St
    Santa Monica, CA 90403

Pricing

  • Asking Price$9,735,000

Details

  • Property TypeDevelopment
  • Property StatusOn Market
  • Square Feet8,008
  • Year Built1938
  • Building ClassC
  • Building(s)1
  • Stories1
  • Acres0.41
  • ZoningMUB & R-2
  • APN4276-008-009, 010
  • TenancyVacant
  • Occupancy0%

Address

  • 1901 Wilshire Blvd & 1143 19th St
    Santa Monica, CA 90403

Pricing

  • Asking Price$9,735,000

Details

  • Property TypeDevelopment
  • Property StatusOn Market
  • Square Feet8,008
  • Year Built1938
  • Building ClassC
  • Building(s)1
  • Stories1
  • Acres0.41
  • ZoningMUB & R-2
  • APN4276-008-009, 010
  • TenancyVacant
  • Occupancy0%
Read Less...

1901 Wilshire Blvd. & 1143 19th St. is an existing, 8,008-square foot retail building and parking lot located in Santa Monica, California.

Situated on two separate parcels totaling 17,700 SF (0.41 AC), the properties offer a unique repositioning or development opportunity while benefiting from flexible MUB and R-2 zoning.

Among allowable uses that are permitted by right, include but are not limited to multifamily residential, elderly and long-term care, and hospitals and clinics. All new construction of office, and medical and dental office require a conditional use permit.

Ideally positioned in close proximity to Santa Monica’s deep and diverse employment base and within 0.5 miles from two world renowned health centers, the property benefits from some of the most robust demographics in the country.

The properties are being offered for $9,735,000 on an as-is basis for the fee simple interest in the building and the land thereunder.

Read More...

Description

1901 Wilshire Blvd. & 1143 19th St. is an existing, 8,008-square foot retail building and parking lot located in Santa Monica, California.

Situated on two separate parcels totaling 17,700 SF (0.41 AC), the properties offer a unique repositioning or development opportunity while benefiting from flexible MUB and R-2 zoning.

Among allowable uses that are permitted by right, include but are not limited to multifamily residential, elderly and long-term care, and hospitals and clinics. All new construction of office, and medical and dental office require a conditional use permit.

Ideally positioned in close proximity to Santa Monica’s deep and diverse employment base and within 0.5 miles from two world renowned health centers, the property benefits from some of the most robust demographics in the country.

The properties are being offered for $9,735,000 on an as-is basis for the fee simple interest in the building and the land thereunder.

Deal Team

Portrait of Sean Fulp

Sean Fulp

Executive Managing Director

CA RE Lic. #01389064

Portrait of Ryan Plummer

Ryan Plummer

Managing Director

CA RE Lic. #01765854

Portrait of Mark Schuessler

Mark Schuessler

Managing Director

CA RE Lic. #02033871

Portrait of Ryan Tetrault

Ryan Tetrault

Associate

CA RE Lic. #01996711