MIXED USE COMPOUND NEAR SANTA MONICA COLLEGE
|STATUS: Active||ADDRESS: 1740 & 1738 Ocean Park Blvd.||LP: $2,495,000|
Just what you’ve
been looking for – an SMC2 zoned centrally located mixed-use compound
near Santa Monica College. Situated in the heart of Santa Monica’s
up-and-coming Sunset Park business district, 1740 – 1738 Ocean Park
Blvd. offers 3 storefronts + office / creative / residential spaces. A
total of more than 3,770 sq. ft. on a 6990+ sq. ft. lot. Current leases
are Month-to-Month. The possibilities are endless.
Total Rent - $ 9,225 per month, $110,700 per year
Ocean Park Blvd. is the first commercial street south of the Santa Monica College campus. Boasting such favorite local business as Bob’s Market, Marty’s Wines and Liquors and the Sunset Grill, 1738-1740 Ocean Park Blvd. is ideally located to cater to both an upscale residential and youth market, as proven by the success of current tenants, Pookie Clothing, The Christine Willis Gallery and Bring Something to the Party. The property lies due west of the rapidly developing business corridor on Ocean Park Blvd. between 23th St. and Centinela. 1738-40 Ocean Park Blvd. is in the neighborhood of Sunset Park, where properties have been appreciating at a stunning rate of return.
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