901-909 Pico Blvd. Santa Monica CA 90405

$8,200,000
For Sale
Screenshot 2019-09-25 17.10.34

Property Details

0 0 0 Commercial Air Conditioning, Commercial Kitchen, Flexible Space, High Ceilings, Multiple Meeting Rooms, Upgraded Electrical

901-909 PICO BOULEVARD, SANTA MONICA, California 90405

Description:

901 – 909 Pico Boulevard is located on the northeast corner of Pico Blvd. and 9th Street in Santa Monica, just east of Lincoln Boulevard. The building is approximately 9,599 square feet sitting on a commercial lot of approximately 6,546 square feet. The property is located just blocks from the beach. Great opportunity for Owner User to own and operate your own building in the heart of the coastal community of Santa Monica. The Pico Corridor Neighborhood is going through major gentrification. Santa Monica remains a premier destination in Los Angeles; it is one of the highest demand and desirable rental areas in California and the United States. Santa Monica is known for our beautiful beaches, surfing, shops, restaurants and evolving employment hubs. Home to the Santa Monica Pier, Main Street, The 3rd Street Promenade, Downtown Santa Monica, The Media District and Bergamot Station with numerous galleries and nightlife. The area continues to grow and thrive as tech giants and businesses expand to Silicon Beach. Located in the desirable Santa Monica Malibu Unified School District and close to Santa Monica College. Easily accessible to the Santa Monica (10) Freeway, Pacific Coast Highway and close proximity to the new Metro Station, allowing just a short train ride to many destinations. Santa Monica continues to be a growing vibrant diverse economy. Close to neighboring communities of Venice Beach, Marina Del Rey, Playa Del Rey, West Los Angeles, Brentwood, Westwood and Pacifi c Palisades. The existing tenant is a non-profit organization that wants the option to remain on site paying a negotiable fair market rent for up to one year with the option to terminate the lease prior to one year. PROPERTY IS BEING SOLD AS IS.