For Sale | Owner-User or Investment Opportunity | 5,570 SF Building

Description:

WESTMAC Commercial Brokerage Company is thrilled to present an exclusive opportunity to acquire 1548-1550 18th Street, an owner-user/investment opportunity in the city of Santa Monica, nestled in West Los Angeles. This ±5,570 square foot single-story building is situated on a ±7,500 square foot lot and zoned for commercial uses. There is 1 tenant occupying approximately half of the building with a lease through April 2029 and the other half (±2,904 SF) will be delivered vacant for an owner-user buyer.

Constructed in 1959 and last renovated in 1968, the building maintains solid construction characteristics. Located just blocks from Olympic Boulevard and a short distance to the Metro E Line (Expo station at 18th and Colorado), the asset enjoys a Walk Score of 86 and a Bike Score of 98, with abundant transit and pedestrian connectivity. Surrounding amenities include Santa Monica College, UCLA Health facilities, various creative office campuses, and a vibrant residential base. Demographic data within a 1-mile radius shows a median household income of $139,797 and a total population of over 42,000, reinforcing the site’s long-term commercial viability.

The subject property is an excellent opportunity for an owner-user or investor to own property in a highly sought-after neighborhood, where property value continues to grow.

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