1433 Wilshire Blvd, Santa Monica, CA 90403
5,219 SF | Retail Building | Santa Monica, CA 90403 | $4,500,000 ($862/SF)
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $4,500,000
- Property Type
-
Retail, Restaurant
- Square Feet
- 5,219 SF
- Price / Square Foot
- $862
Listing Contacts
Christine Deschaine
Verified Profile
Ed Sachse
Verified Profile
- Property Info
Property Overview
As exclusive advisors to the Owner, Kennedy-Wilson Properties, Ltd. is pleased to present this opportunity to acquire the fee simple interest in or lease of 1433 Wilshire Boulevard (the “Property”), a second generation restaurant space in Santa Monica, California.
Built in 1925, remodeled in 1973, and retrofitted 2021, this ±5,219 square foot retail building is situated on the northwest signalized corner of Wilshire Boulevard and 15th Street, less than two miles from the beach. The asset is across from UCLA Santa Monica Medical Center, a 281-bed facility with 1,100 physicians, 2,500 employees, and 800 volunteers and care extenders. Six (6) parking spaces plus one (1) shared handicapped space behind premises available, per separate lease.
The Property is located in the Wilshire Boulevard neighborhood of Santa Monica. Stretching nearly 16 miles from downtown Los Angeles to Ocean Avenue in Santa Monica, Wilshire Boulevard is a kaleidoscope of California culture. Visitors will find chef-driven dining hot spots near mom-and-pop bakeries and generations-old Mexican eateries. A smattering of vintage and designer consignment stores make the whole strip a favorite for deal hunters.
Built in 1925, remodeled in 1973, and retrofitted 2021, this ±5,219 square foot retail building is situated on the northwest signalized corner of Wilshire Boulevard and 15th Street, less than two miles from the beach. The asset is across from UCLA Santa Monica Medical Center, a 281-bed facility with 1,100 physicians, 2,500 employees, and 800 volunteers and care extenders. Six (6) parking spaces plus one (1) shared handicapped space behind premises available, per separate lease.
The Property is located in the Wilshire Boulevard neighborhood of Santa Monica. Stretching nearly 16 miles from downtown Los Angeles to Ocean Avenue in Santa Monica, Wilshire Boulevard is a kaleidoscope of California culture. Visitors will find chef-driven dining hot spots near mom-and-pop bakeries and generations-old Mexican eateries. A smattering of vintage and designer consignment stores make the whole strip a favorite for deal hunters.
Property Details
- Class
- C
- Year Built
- 1925
- Stories
- 1
- Property Subtype
- Freestanding, Storefront, Storefront Retail/Office
- Lot Size (sq. ft)
- 9,583 SF
Highlights
- Second generation restaurant space; FF&E included
- Large outdoor patio potential along 15th Street
- Iconic location at signalized, high profile corner at Wilshire Boulevard and 15th Street; 28,386 CPD at Wilshire and 16th Street
- Six (6) parking spaces plus one (1) shared handicapped space behind premises available, per separate lease
- Across from UCLA Santa Monica Medical Center
- Structural retrofit recently completed
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