1217 2nd Street

1217 2nd Street, Santa Monica, CA, 90401, US

Descripción

JLL, as exclusive advisor, is pleased to offer to qualified investors an opportunity to purchase 1217 2nd Street (the “Property”) in Santa Monica, California as a single asset. The offering conveys the 100% fee simple interest in a four story, Class A creative office building with subterranean parking. Constructed in 2002 and fully renovated in 2022 with substantial capital improvements, the ± 25,646 RSF Property occupies 0.1719 acre in the heart of downtown Santa Monica, one block from the famed Third Street Promenade.

The Property offers investors a beach house-inspired building that features sliding glass walls opening to ocean views, spacious porcelain decks, and museum-quality finishes throughout. The low-maintenance design allows owners and tenants to focus on business rather than repairs.

...

Atributos

Superficie neta construida

2383 m²

Año de construcción

2002

Año de renovación

2022

Media

Aspectos destacados de la inversión

PRIME LOCATION - Situated in downtown Santa Monica's core, just steps from the iconic Third Street Promenade
STRONG RENTAL PERFORMANCE - Creative office sector delivering 15-34% increases while traditional office down -12% to -21%
MOVE-IN READY CONDITION - Immediate occupancy potential with zero capital investment required before leasing. All future improvements directly enhance value.
NO NEW OFFICE SUPPLY - Prime Santa Monica with zero new creative office projects in pipeline