Exceptional Owner/User & Investment Opportunity in Downtown Santa Monica

830 Colorado Ave, Santa Monica, CA

Market Price

Price

2,908 sqft

Building Size

6,114 acres

Lot Area

Overview
Building Size
2,908 sqft
Lot Area
6,114 acres
Class
C
Year Built
1998
Floors
1
Description

Executive Summary

Compass is proud to present a rare and exceptional investment opportunity in the heart of Santa Monica. This prime office building, located at 830 Colorado Avenue, offers a strategic location ideal for both owner-users and savvy investors seeking a foothold in Southern California's most vibrant and sought-after commercial real estate market.

Ideal for Owner-Users: This property is perfectly suited for businesses looking to establish or expand their presence in Santa Monica. The flexible floor plan allows for customization, and its prime location provides convenience and visibility.

Attractive Investment Opportunity: For investors seeking stable, long-term returns, 830 Colorado Avenue is a compelling choice. Santa Monica's robust commercial real estate market and its appeal to a wide range of industries make this property an attractive option for generating rental income and capital appreciation.

Versatile Use: With a design that caters to creative office spaces and accommodating various industry types, this property offers a flexible canvas for businesses to thrive in. Its existing adaptable layout allows for customization, fostering an environment where innovation can flourish.

Situated in the heart of Santa Monica, 830 Colorado Avenue offers unparalleled access to a dynamic business environment, renowned entertainment and dining options, and the world-famous Santa Monica beach. Just steps from the Metro, Third Street Promenade, and easy access to all major highways.

Highlights
  • Size: 2,809 SF
  • Land SF: 6,098 SF
  • Zoning: SMM1
  • APN: 4283-001-004
  • Parking: Private gated lot with a parking ratio of 2.41/1,000 SF
  • Accessibility: Walking distance to the Metro's Colorado stop, and minutes to all major highways.
  • Amenities: Third Street Promenade, Ocean Avenue, Santa Monica Pier, countless walkable restaurants, bars, personal services and shops.

Location