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Neo Facto 2110 Main St

17,684 SF 60% Leased Office Building Santa Monica, CA 90405 $10,800,000 ($611/SF) 5.50% Cap Rate

Investment Highlights

  • NEO-FACTO - Exceptional Mixed-Use Commercial Building in Santa Monica 2 Blocks from Beach
  • Rare Two-Level Subterrannean Parking
  • Unique Combination of Location, Amenities and Investment Opportunity

Executive Summary

Douglas Elliman Commercial & Real Investments proudly present the iconically named NEO-FACTO building Designed by world renown Lomax/Rock at 2110 Main Street in Santa Monica, is an authentic, a one-of-a-kind investment opportunity, blending architectural sophistication, historical significance and an unmatched location in the vibrant Main Street district. A detailed overview of the standout qualities includes Mixed-Use Flexibility:

Triple Mixed Use: The building accommodates outstanding residential live/work, office, and retail spaces, offering maximum versatility for Tenants;
The Investment Potential is remarkable with Modern Amenities and Maintenance: Reflecting pride of ownership, the building’s well-maintained condition supports higher rental rates and has always attracted higher quality tenants;
Size and RSF: The property spans approximately 17,528 RSF (recently verified by a new BOMA measurement), adding substantial value for investors assessing occupancy and revenue potential;
Design by Lomax/Rock: Known as the NEO-FACTO building, its architecture is a modern marvel, showcasing bold exposed steel and masonry, delivering both aesthetic appeal and structural integrity;
Prime Santa Monica Location: Main Street Hub: Situated in the heart of Santa Monica’s bustling Main Street, known for its eclectic shops, galleries, restaurants, and ocean-side charm;
Nearby Luxury Hotels and Beaches: Close proximity to premier hotels (e.g., The Viceroy, Shutters, Casa Del Mar) and the allure of Santa Monica Beach. With easy access to PCH and I-10, the location bolsters the appeal for both Tenants and visitors;
Architectural and Functional Features: Spacious Layout and High Ceilings: High ceilings paired with exposed masonry add unique character, while operable windows ensure natural light and energy efficiency with an abundance of Outdoor Space, which includes large patios providing spaces for outdoor meetings, relaxation, or events; all enhancing the property’s versatility;
Subterranean Parking: Two levels of private, gated parking ensure convenience and exclusivity for tenants;
Sydney Pollack Connection: Occupied by the iconic film producer while creating some of his memorable works, this property holds a special place in cinematic history, enhancing its cultural and historical value;
Santa Monica’s Allure: Main Street’s pedestrian-friendly layout, coastal atmosphere, and diverse entertainment make it a key attraction for residents and tourists alike, ideal for businesses seeking visibility and foot traffic.

The property offers an era-defining opportunity to own a piece of Santa Monica’s irreplaceable business district. With its combination of residential live/work, commercial, and retail spaces in a design-forward, historically resonant structure, it’s a compelling investment in one of Southern California's most coveted areas.

NEO-FACTO offers a compelling combination of features, amenities, and location advantages that make it an attractive investment opportunity in Santa Monica's thriving commercial real estate market. *Owner records shows property RSF differ from the new BOMA measurements completed by SAA dated 5/21/24. Buyer(s) shall rely solely on their own professional investigation(s) of property for all aspects of the property including, but not limited to RSF.

Attachments

OM 2110 Main

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
17,684 SF
Building Class
B
Year Built
1987
Price
$10,800,000
Price Per SF
$611
Cap Rate
5.50%
NOI
$594,000
Percent Leased
60%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,843 SF
Building FAR
1.93
Lot Size
0.21 AC
Zoning
SMCM3 - Heavy Industrial
Parking
38 Spaces (2.17 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Bus Line
  • Controlled Access
  • Commuter Rail
  • Car Charging Station
  • Basement
  • High Ceilings
  • Natural Light
  • Open-Plan
  • Outdoor Seating
  • Air Conditioning
  • Balcony

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Fl-Ste 204
  • 645 SF
  • Office
  • -
  • Now

The photos included with this listing show where the divisible wall will be placed. Unit 204 is currently attached to unit 207. Please call us with any questions or concerns

  • 2nd Fl-Ste 206
  • 603 SF
  • Office
  • -
  • Now

The photos included with this listing show where the divisible wall will be placed. Unit 206 is currently attached to unit 207. Please call us with any questions or concerns

  • 2nd Fl-Ste 207
  • 3,055 SF
  • Office
  • -
  • Now

Creative office space available in Santa Monica, CA. The office includes a conference room, an executive office, an assistant office, a reception area, and lots of open space. The building offers garage parking, an elevator, and a secure entry system.

  • 3rd Fl-Ste 302
  • 1,531 SF
  • Office
  • -
  • Now

This office features a spacious glass conference room, two large offices, a welcoming reception area, and a balcony that wraps around the front side of the building facing Main Street, Santa Monica. It also includes a kitchenette and a large server room with storage space.

  • 3rd Fl - 304
  • 1,318 SF
  • Flex
  • -
  • Now

Experience coastal living in this one-bedroom apartment located in a mixed-use building. Enjoy a spacious balcony with ocean views, an elevator, a buzzer entry system, and secure parking in our two-floor garage. Features include: - Exposed ceilings and stylish cinder block walls - Large closets with ample storage - Well-equipped kitchen with plenty of cabinet space, stainless steel refrigerator, dishwasher, and a new stovetop - Cozy fireplace for added warmth - Lots of natural light throughout the apartment Conveniently located near shops, restaurants, and cafes, this apartment is perfect for those seeking a vibrant lifestyle. Don’t miss out! 1,318 SQFT Two Parking Spaces, Water, & Trash Removal Included. $6,600.00 per month

Space Size Space Use Condition Available
2nd Fl-Ste 204 645 SF Office - Now
2nd Fl-Ste 206 603 SF Office - Now
2nd Fl-Ste 207 3,055 SF Office - Now
3rd Fl-Ste 302 1,531 SF Office - Now
3rd Fl - 304 1,318 SF Flex - Now

2nd Fl-Ste 204

Size
645 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 206

Size
603 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 207

Size
3,055 SF
Space Use
Office
Condition
-
Available
Now

3rd Fl-Ste 302

Size
1,531 SF
Space Use
Office
Condition
-
Available
Now

3rd Fl - 304

Size
1,318 SF
Space Use
Flex
Condition
-
Available
Now

2nd Fl-Ste 204

Size 645 SF
Space Use Office
Condition -
Available Now

The photos included with this listing show where the divisible wall will be placed. Unit 204 is currently attached to unit 207. Please call us with any questions or concerns

2nd Fl-Ste 206

Size 603 SF
Space Use Office
Condition -
Available Now

The photos included with this listing show where the divisible wall will be placed. Unit 206 is currently attached to unit 207. Please call us with any questions or concerns

2nd Fl-Ste 207

Size 3,055 SF
Space Use Office
Condition -
Available Now

Creative office space available in Santa Monica, CA. The office includes a conference room, an executive office, an assistant office, a reception area, and lots of open space. The building offers garage parking, an elevator, and a secure entry system.

3rd Fl-Ste 302

Size 1,531 SF
Space Use Office
Condition -
Available Now

This office features a spacious glass conference room, two large offices, a welcoming reception area, and a balcony that wraps around the front side of the building facing Main Street, Santa Monica. It also includes a kitchenette and a large server room with storage space.

3rd Fl - 304

Size 1,318 SF
Space Use Flex
Condition -
Available Now

Experience coastal living in this one-bedroom apartment located in a mixed-use building. Enjoy a spacious balcony with ocean views, an elevator, a buzzer entry system, and secure parking in our two-floor garage. Features include: - Exposed ceilings and stylish cinder block walls - Large closets with ample storage - Well-equipped kitchen with plenty of cabinet space, stainless steel refrigerator, dishwasher, and a new stovetop - Cozy fireplace for added warmth - Lots of natural light throughout the apartment Conveniently located near shops, restaurants, and cafes, this apartment is perfect for those seeking a vibrant lifestyle. Don’t miss out! 1,318 SQFT Two Parking Spaces, Water, & Trash Removal Included. $6,600.00 per month

Walk Score®
Walker's Paradise (95)
Bike Score®
Very Bikeable (85)
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
4289-021-012
Land Assessment
$1,405,742
Improvements Assessment
$3,508,771
Total Assessment
$4,914,513
  • Listing ID: 31784997

  • Date on Market: 5/13/2024

  • Last Updated:

  • Address: 2110 Main St, Santa Monica, CA 90405

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