Retail BUILDING ALONG Santa Monica Blvd.
$2,150,000
11517 Santa Monica Boulevard, Los Angeles, CA 90025
5.1
Cap Rate
3,297 sqft
Building Size
Details:
Description:
Located in the heart of West Los Angeles, 11517 Santa Monica Blvd presents a rare opportunity to acquire a highly visible retail asset along one of the area’s most heavily traveled commercial corridors. The property consists of approximately 3,297 square feet and is positioned on the north side of Santa Monica Boulevard between Butler Avenue and Colby Avenue, offering excellent frontage and accessibility.
Santa Monica Boulevard experiences daily traffic counts exceeding 40,000 vehicles, providing strong exposure for retail and service-oriented uses. The property is situated just west of the I-405 Freeway, allowing for efficient regional access and connectivity. Nearby anchors and attractions include the Laemmle Royal Theater, Bank of America, and a variety of neighborhood-serving retail and dining options. A city-provided parking lot in close proximity further enhances convenience for customers and tenants.
The surrounding trade area is supported by dense and affluent demographics, with more than 250,000 residents within a three-mile radius and a median household income exceeding $100,000. The location also benefits from proximity to major employment centers, UCLA, and the highly desirable Brentwood and Beverly Hills submarkets.
This offering is well suited for both owner-users and investors seeking a prime West Los Angeles asset on a proven retail corridor. At closing, the seller is willing to execute a three-year leaseback, providing immediate income and operational stability while allowing the buyer flexibility for future repositioning, redevelopment, or long-term strategic planning.
APPROX. 3,297 SF RETAIL BUILDING.
PRIME WEST LOS ANGELES LOCATION!!!
OUTSTANDING CAR TRAFFIC COUNTS; OVER 40,000 CARS PER DAY ALONG SANTA MONICA BLVD.
EXCELLENT FREEWAY ACCESSIBILITY; JUST WEST OF THE 405 FREEWAY.
PERFECT FOR AN OWNER/USER OR AN INVESTOR WITH TENANT(S) IN MIND!!!
GREAT DEMOGRAPHICS; OVER 250,000 PEOPLE RESIDE WITHIN A 3-MILE RADIUS WITH A MEDIAN HH INCOME OF OVER $100,000.
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Location
Gallery