Description

JLL, as exclusive advisor, is pleased to offer an opportunity to acquire the 100% fee simple interest in 625 Arizona Ave. ("the Property"); a

distinctive 18,500-square-foot creative office building in the heart of Santa Monica. Perfectly sized for an Owner/User, the Property includes 19 parking stalls in a convenient surface lot directly adjacent to the building. 625 Arizona underwent extensive renovations to transform it into a highly desirable creative asset that commands significant rent premiums over traditional office properties in the market. Situated in a supply-constrained core location with a Walk Score of 94, the Property offers exceptional access to sought-after amenities and the affluent neighborhoods of Malibu, Santa Monica and Brentwood.

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Attributes

Building area net

1,672 m²

Year built

1938

Parking spaces

Media

Investment Highlights

IDEAL USER SIZE WITH CONVENIENT SURFACE PARKING

At just 18,500 square feet, 625 Arizona is perfectly sized for an Owner/User. The opportunity includes 19 parking stalls in a convenient surface lot directly adjacent to the Property.

SUPPLY CONSTRAINED CORE LOCATION

The vast majority of Santa Monica's existing office inventory is held by institutions with generational investment horizons, making acquisition opportunities of this caliber exceptionally rare. Santa Monica's challenging development process further restricts new competitive supply.

EXCEPTIONAL WALKING AMENITIES

With a Walk Score of 94, the surrounding neighborhood offers a wealth of sought-after amenities within walking distance, including Equinox, Trader Joe's, Elephante and many others. The Property also sits near a major hospital, ensuring quick access to medical services.

A RARE STANDALONE OPPORTUNITY

625 Arizona is one of only four standalone vacancies between 15,000 and 25,000 square feet in all of Santa Monica, placing it within an exceptionally narrow subset of buildings capable of meeting an Owner/ User requirement of this size.