1452 26th St
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1452 26th St
2,874 SF Office Building Santa Monica, CA 90404 $2,950,000 ($1,026/SF) 5.27% Cap Rate
Investment Highlights
- The 13 offices are all improved and designed for individual practitioners. Each office has individual climate control, state-of-the-art soundproofing.
Executive Summary
Muselli Commercial Realtors is pleased to present an opportunity to acquire a 2,874 SF owner/user or investment Psychotherapy building. It is ideally suited for psychiatrists, psychotherapists, physical therapists, and chiropractors. This is your chance to own property in Santa Monica, one of California’s premier coastal markets. Within a 2-mile radius, this location is dense with homeowners, employees, hospitals, students, seniors, and tourists. A Walker's Paradise with a Walk Score of 91 and a Bike Score of 79.
The 13 offices are all improved and designed for individual practitioners. Each office has individual climate control, state-of-the-art soundproofing (double studded walls with resilient channel, drop-down threshold, etc.), and a natural gas fireplace. There are four separate waiting rooms, and each tenant is provided with one parking space. Most offices have separate egress. There are 3 bathrooms. Parking on-site is available for all tenants. Ample street parking.
Prime location with easy access to the 10 Freeway, West Los Angeles, Brentwood Pacific Palisades, Venice. Marina Del Rey & more.
The 13 offices are all improved and designed for individual practitioners. Each office has individual climate control, state-of-the-art soundproofing (double studded walls with resilient channel, drop-down threshold, etc.), and a natural gas fireplace. There are four separate waiting rooms, and each tenant is provided with one parking space. Most offices have separate egress. There are 3 bathrooms. Parking on-site is available for all tenants. Ample street parking.
Prime location with easy access to the 10 Freeway, West Los Angeles, Brentwood Pacific Palisades, Venice. Marina Del Rey & more.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
2,874 SF
Building Class
C
Year Built
1947
Price
$2,950,000
Price Per SF
$1,026
Cap Rate
5.27%
NOI
$155,465
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
2,000 SF
Building FAR
0.41
Land Acres
0.16 AC
Zoning
C1 - Commercial use; office space less than 10k of space
Parking
10 Spaces (3.48 Spaces per 1,000 SF Leased)
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Walk Score ®
Walker's Paradise (94)
Bike Score ®
Biker's Paradise (97)
PROPERTY TAXES
| Parcel Number | 4275-001-010 | Improvements Assessment | $234,561 |
| Land Assessment | $656,799 | Total Assessment | $891,360 |
PROPERTY TAXES
Parcel Number
4275-001-010
Land Assessment
$656,799
Improvements Assessment
$234,561
Total Assessment
$891,360
-
Vincent Muselli -
Evan Pozarny -
Muselli Commercial Realtors
(310) 458-4100
x221
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1452 26th St
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