exceptional santa monica location 3113 pico boulevard · santa monica. beach city. 3113. 4pico...

FOR SALE OR LEASEFOR SALE OR LEASESELLER FINANCING AVAILABLE!

EXCEPTIONAL SANTA MONICA LOCATION

PICO BOULEVARD3113

3113 PICO BOULEVARD | SANTA MONICA 2

CONTACT

WESTMAC COMMERCIAL BROKERAGE COMPANY1515 S. Sepulveda Boulevard, CA 90025Phone: 310.778.7700Company DRE# 01096973www.westmac.com

T.C. MACKER, [email protected]# 01232033

MICHAEL GORDON, MBAVice [email protected]# 01318101

SANTA MONICA, CA 90405SANTA MONICA, CA 90405

PICO BOULEVARD3113

©2020 WESTMAC Commercial Brokerage Company. All Rights Reserved. WESTMAC Commercial Brokerage fully supports the principles of the Equal Opportunity Act. WESTMAC Commercial Brokerage Company and the WESTMAC Commercial Brokerage Company logo are registered service marks owned by WESTMAC Commercial Brokerage Company and may not be reproduced by any means or in any form whatsoever without written permission.

OFFERING MEMORANDUM 3

OFFERING SUMMARYSANTA MONICA BEACH CITY


WESTMAC Commercial Brokerage Company is proud to present the opportunity to own or lease 3113 Pico Boulevard, a highly visible two-story commercial building in Santa Monica.

3113 Pico Boulevard is comprised of approximately 1,298 square feet on approximately 2,500 square feet of land. The zoning is Neighborhood Commercial (SMC2*). There is a parking lot at the rear of the building with room for approximately four (4) cars.

The property has been operating as a law office and will be delivered vacant at the close of escrow. The Property is being sold in “AS IS” condition. Seller financing available.

3113 Pico Boulevard is strategically located in an excellent Santa Monica location bordering West Los Angeles. Westwood, Brentwood, Mar Vista, Venice and Pacific Palisades are adjoining neighbors. It is near the 10 and 405 Freeways, giving travelers easy access to all parts of the City, including Santa Monica’s most famous attractions: the beach, pier, and world-class shopping & entertainment. The subject property is within two short blocks of many fine businesses including: Trader Joe’s, UnUrban Coffee House, Chase Bank, Rejuice, Crossfit Reflex, Mc Cabe’s, The Upper West and Valentino restaurants, and walking distance to many more! Nearby are indoor sports facilities such as Virtual Snow and Wired Golf.


ADDRESS 3113 Pico Boulevard, Santa Monica, CA 90405APN 4274-034-027

BUILDING SIZE Approximately 1,298 square feet (per tax record) buyer to verify

LAND SIZE Approximately 2,500 square feet YEAR BUILT 1948

TYPE Commercial (formerly used as a law office)ZONING SMC2*/ Neighborhood Commercial

OCCUPANCY Property will be delivered vacant at close of escrowPARKING Four (4) spaces

FRONTAGE 25’ along Pico Boulevard

PROPERTY

SUMMARY

SALESALE LEASELEASE

per month + triple net charges$1,800,000 $6,000


PARCEL MAPPARCEL MAP


AERIAL SNAPSHOTAERIAL SNAPSHOT


PROPERTY

IMAGES


» Updated Professional Building with Great Signage Opportunity along Pico Boulevard

» Property Features Include: Waiting Room, Outdoor Deck, and Rear Parking Lot

» Motivated Seller

» Highly Desirable Community with Dense Retail Population

» Plentiful Walkable Amenities - Many popular restaurants and retailers within walking distance (See Amenities Map for details); Walk Score of 86 (Very Walkable)

» Close to Major Transportation including the I-405 and I-10 Freeways, Santa Monica Airport, LAX, and varoius stops along the Metro Expo Rail Line

PROPERTY

HIGHLIGHTS


@ Downtown Santa Monica

@ Pico Boulevard Businesses

» Apple Store on 3rd » Bay Cities Italian » Blue Daisy » Blue Plate Taco » Coffee Bean & Tea Leaf » Jack in the Box » Lemonade » Sidecar Doughnuts » Spectrum

» Sugarfish » Sweetfin » Tender Greens » Tesla » The Hive Cafe » Tocaya Organica » Umami Burger » Vanilla Bake Shop » and many more!

» Baskin-Robbins » Campos Famous Burritos » Virtual Snow » Lazy Daisy Cafe » Wired Golf » Lunetta All Day » McDonalds » Rejuice

» Rite-Aid » Starbucks » Tandoor India » The Upper West » Trader Joe’s » UnUrban Coffee House » Whole Foods » Yoshinoya

AMENITIES

MAP


AMENITIES

MAP

N

1-3-5


DEMOGRAPHICSMILES FROM SUBJECT PROPERTY

POPULATION

90,555

MEDIAN HOME VALUE

$1,738,248BACHELOR DEGREE OR HIGHER 67%

POPULATION 1 MILE 3 MILE 5 MILE

Total 2020 (Estimated) 28,159 340,629 572,754

Total 2025 (Projected) 28,191 343,369 577,626

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2020 Total Households 12,775 163,326 261,121

Median HH Income $85,223 $92,159 $97,379

Average HH Income $114,024 $122,622 $130,138

BUSINESS 1 MILE 3 MILE 5 MILE

# of Businesses 2,893 29,230 51,085

Total Consumer Spending $359,316 $4,727,392 $7,931,152

CITY OFSANTA MONICA

MIRACLE MILE

SANTA MONICA

LAX

DTLA

BEVERLY HILLS

VENICE

BEL AIR

CULVER CITY

STUDIO CITY

GLENDALE

INGLEWOOD

LOS FELIZ

KOREATOWN

USCJEFFERSON

VERNON

WATTS

PLAYA VISTA

WESTWOOD

HOLLYWOOD


PICO BOULEVARD3113

N


This offering has been prepared solely for informational purposes. While the information contained herein is from sources deemed reliable, it has not been independently verified by WESTMAC Commercial Brokerage Company or by the Seller.

This document is provided subject to errors, omissions and changes in the information and is subject to modification o r withdrawal. The contents herein are confidential and are not to be reproduced without the express written consent.

Interested buyers should be aware that the Seller is selling the Property “AS IS” CONDITION WITH ALL FAULTS, WITHOUT REPRESENTATIONS OR WARRANTIES OF ANY KIND OR NATURE.

The Seller reserves the right to withdraw the Property being marketed at any time without notice, to reject all offers, and to accept any offer without regard to the relative price and terms of any other offer.

Prospective buyers shall be responsible for their costs and expenses of investigating the Property and all other expenses, professional or otherwise, incurred by them.

DISCLAIMER


PICO BOULEVARD3113 FOR MORE INFORMATION CONTACT LISTING AGENTS:

T.C. MACKER, [email protected]# 01232033

MICHAEL GORDON, MBAVice [email protected]# 01318101

FOR SALE OR LEASE

1515 S. Sepulveda Boulevard, Los Angeles, CA 90025Company DRE# 01096973www.westmac.com

exceptional santa monica location 3113 pico boulevard · santa monica. beach city. 3113. 4pico...

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