2947 Bradley
2947 Bradley Street, Pasadena, CA, 91107, US
10 631 mètres carrés
Descriptif
JLL, as exclusive advisor, is pleased to offer qualified investors an opportunity to acquire the 100% fee simple interest in 401 Santa Monica Blvd., 1351 4th St., 2415 Michigan Ave., and 625 Arizona Ave. ("Santa Monica Creative Portfolio", the "Property" or "Properties"); a distinctive four building Portfolio in the heart of Santa Monica that totals 134,553 RSF. Qualified buyers can assume existing debt at a blended 4.04% rate for 6+ Years. All four buildings underwent extensive renovations, with current ownership investing $10 million to transform them into highly desirable creative assets that command significant rent premiums over traditional office properties in the market. $7 million of this investment has been since 2021, with 401 Santa Monica receiving comprehensive reconstruction during 2021-2023.
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Attributs
Superficie du bâtiment nette
17 205 mètres carrés
Année de construction
1972
Superficie du terrain nette
0,76 ha
Santa Monica Creative (5 Propriétés)
Santa Monica Creative (5 Propriétés)
Média
Points forts de l'investissement
- Prime Retail Footprint: 18,000 SF of Class A retail space in one of LA's premier market
- 6+ Years Assumable Debt at a blended 4.04% rate
- Proven Rent Growth: Creative office achieving 15-34% growth while commodity office down -12% to -21%
- Exit Optionality driven by flexibility of owning four separate legal parcels
- Supply-Constrained Location: Prime Santa Monica with no new creative pipeline
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Dernière mise à jour
12 sept. 2025
