1231 3rd Street Promenade | Santa Monica, CA 90401
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- LoopNet Team
1231 3rd Street Promenade
Santa Monica, CA 90401
Retail Property For Sale
Investment Highlights
- RARE opportunity to acquire a generational trophy asset in prime Santa Monica, CA
- IRREPLACEABLE Santa Monica location, one of the most sought-after destinations in the nation
- RARE rooftop area totaling approximately ±8,615 SF; potential to permit the space
- VALUE-ADD retail/commercial investment or owner/user opportunity with multiple potential uses
- EXCELLENT visibility and foot passage per day with 70’ of frontage along 3rd Street Promenade
- IDEALLY positioned in Downtown Santa Monica, a major commercial corridor and world famous shopping district, drawing in thousands of visitors a year
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
30,660 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1962/2000
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.93
Lot Size
0.24 AC
Zoning
BCD
Frontage
64 ft on 3rd Street Promenade
PROPERTY TAXES
| Parcel Number | 4291-003-014 | Improvements Assessment | $30,074,257 |
| Land Assessment | $18,786,333 | Total Assessment | $48,860,590 |
PROPERTY TAXES
Parcel Number
4291-003-014
Land Assessment
$18,786,333
Improvements Assessment
$30,074,257
Total Assessment
$48,860,590
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