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1438-1444 9th St

19,238 SF 60% Leased Office Building Santa Monica, CA 90401 $13,950,000 ($725/SF)

Investment Highlights

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

Executive Summary

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.

Property Facts

Sale Type
Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
19,238 SF
Building Class
C
Year Built
1980
Price
$13,950,000
Price Per SF
$725
Percent Leased
60%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,500 SF
Building FAR
1.30
Lot Size
0.34 AC
Zoning
R3 - Santa Monica R3 Zoning. Building operating under a C.U.P. in perpetuity.
Parking
45 Spaces (2.37 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Natural Light
  • Balcony

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste A/B/C
  • 5,985 SF
  • Office
  • Full Build-Out
  • Now

Creative office/ flex space for lease. Perfect for a variety of creative office, flex or light industrial uses. Includes loading door/alley access. Space is divisible to 4,125 to 1,860 sf.

  • 2nd Fl-Ste 1444
  • 1,650 SF
  • Office
  • Full Build-Out
  • Now

Great creative office space in the heart of Santa Monica. 3 private offices, open bullpen area, kitchen/break area and common area restrooms. 2nd floor space with elevator. Corner window line office provides for great natural light.

Space Size Space Use Condition Available
1st Fl-Ste A/B/C 5,985 SF Office Full Build-Out Now
2nd Fl-Ste 1444 1,650 SF Office Full Build-Out Now

1st Fl-Ste A/B/C

Size
5,985 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 1444

Size
1,650 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste A/B/C

Size 5,985 SF
Space Use Office
Condition Full Build-Out
Available Now

Creative office/ flex space for lease. Perfect for a variety of creative office, flex or light industrial uses. Includes loading door/alley access. Space is divisible to 4,125 to 1,860 sf.

2nd Fl-Ste 1444

Size 1,650 SF
Space Use Office
Condition Full Build-Out
Available Now

Great creative office space in the heart of Santa Monica. 3 private offices, open bullpen area, kitchen/break area and common area restrooms. 2nd floor space with elevator. Corner window line office provides for great natural light.

Walk Score ®
Very Walkable (89)
Transit Score ®
Excellent Transit (77)
Bike Score ®
Biker's Paradise (96)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4282-027-034
Land Assessment
$7,388,553
Improvements Assessment
$1,970,275
Total Assessment
$9,358,828
  • Listing ID: 34054933

  • Date on Market: 12/2/2024

  • Last Updated:

  • Address: 1438-1444 9th St, Santa Monica, CA 90401

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