2709 Santa Monica Boulevard, Santa Monica, CA 90404
2709 Santa Monica Boulevard, Santa Monica, CA 90404
2709 Santa Monica Boulevard, Santa Monica, CA 90404
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$3,799,000
Est. payment /mo
4,393 SqFt
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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,393 sqft

Price per Sqft $864

MLS Listing ID CL26651121

HOA Y/N No

Year Built 1946

Lot Size 7,522 Sqft

Acres 0.1727

Property Sub-Type Other

Property Description

Introducing a rare and unique mixed-use investment opportunity in Santa Monica. 2709 Santa Monica features two front units, and one middle bakery all currently leased on a month-to-month basis, providing a buyer with immediate flexibility to re-tenant, reposition, or adjust rents toward market levels while recapturing the operating expenses via a NNN lease structure. The commercial component benefits from prominent frontage along a high-traffic Santa Monica Boulevard corridor, surrounded by established businesses and dense residential neighborhoods. The rear of the property consists of three residential units, all currently vacant and market-ready, offering immediate income upside. The unit mix includes: One (1) Studio + 1 Bathroom, One (1) One-Bedroom + 1 Bathroom, One (1) Two-Bedroom + 1 Bathroom (unit includes in-unit laundry). The residential units have been updated and refreshed, featuring a combination of LED lighting, new windows and blinds, upgraded flooring, new countertops, and additional improvements. In addition to the existing improvements, the property includes plans for a proposed three-story building development, presenting a compelling long-term redevelopment or expansion opportunity. A buyer may elect to operate the property in its current configuration while evaluating the development plans and applicable zoning regulations. Strategically positioned along one of Santa Monica's primary east-west thoroughfares and adjacent to West Los Angeles, the property enjoys close proximity to a wide array of restaurants, coffee shops, grocery markets, bars, retail shopping, and daily conveniences, while remaining just a short drive to the beach, nightlife, and major employment hubs. *[Units 1-3 are Residential. Units 4-6 are Commercial]

Location

State CA

County Los Angeles

Zoning SMC4*

Interior

Heating Wall Furnace

Fireplace No

Exterior

View Y/N false

View None

Building

New Construction No

Others

Tax ID 4267009022


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Bridge MLS
Listed by Dennis Adelpour • Berkshire Hathaway HomeServices California Properties

NEARBY SCHOOL & BUSINESS

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Maya Hiersoux

Maya Hiersoux

+1(415) 971-3559

Agent | License ID: 01450016

Agent License ID: 01450016

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