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$ 9,795,000
Est. payment /mo
Active
11500 Santa Monica Boulevard Los Angeles, CA 90025
20,057 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 20,057 sqft
Price per Sqft $488
MLS Listing ID CL25593311
HOA Y/N No
Year Built 1995
Lot Size 0.289 Acres
Acres 0.29
Property Sub-Type Comm Ind For Sale
Property Description
Situated in the heart of West Los Angeles, the subject property for sale is a commercial building with three stories of retail and office space, and one level of subterranean parking. Located at the signalized corner of Santa Monica Boulevard and Butler Avenue, in an affluent neighborhood with daily high traffic counts, in close proximity to the 10 and the 405 freeways.The subject was built in 1995, is well maintained, and has approximately 20,057 rentable square feet situated on a 12,580 square foot lot, zoned for commercial use. The subject is an attractive option for the discerning buyer and is optimal for investment or owner/user purposes. The current vacancy would allow a prospective investor the opportunity to occupy a portion of the building, and/or maximize the building's rental income from the vacant units.11500 Santa Monica Boulevard is walking distance to numerous amenities including restaurants, cafes, banks and a mix of retailers. Neighbors include UCLA, Cedars-Sinai, St. John's Medical Center, The Getty Center, Starbucks, Bank of America, The Landmark Theatre, and many more. Over 34,000 vehicles pass this site on any given day. In addition, the property, has wraparound frontage, for maximum exposure and visibility from all sides. The units offer high ceilings and an
Location
State CA
County Los Angeles
Zoning LAC2
Interior
Interior Features Elevator
Heating Forced Air
Fireplace No
Exterior
Total Parking Spaces 38
Building
New Construction No
Others
Tax ID 4261012041
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Listed by Gregory Eckhardt • PAR Commercial Brokerage