Los Angeles, CA 90025 12118 W Santa Monica Boulevard

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  • MLS# SB21035018
  • 02/21/2021
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Presented By: Howard Gunderson with Marian Keith.
  • Year Built • 1947

Home Details

LOS ANGELES IS NOW OPEN FOR BUSINESS. 12118, 12120, 12122, 12124 SANTA MONICA BLVD. 4 STORES. ALL RENTED, NOW OPEN, ALL PAYING RENT. MONTH TO MONTH TENANTS, BUT WILL SIGN LEASES IF BUYER PREFERS. RENT TOTAL IS $8500.00 PER MONTH. HAIR SALON PAYS $2500.00, OTHERS PAY $2000.00 EACH 3210 SQUARE FEET, EACH UNIT IS ABOUT SAME SIZE. EACH UNIT HAS FRONT AND BACK DOOR, BATHROOM AND READ OFFICE SPACE. STEEL POST AND STUCCO CONSTRUCTION. CEILINGS CAN BE RAISED. ROOF IS ABOUT 12 YEARS OLD. ABOUT 60 FEET OF FRONTAGE ON SANTA MONICA BLVD, JUST WEST OF BUNDY. NO PARKING BUT THAT IS NOT A PROBLEM FOR CURRENT TENANTS. IF BUYER NEEDS PARKING IT IS POSSIBLE TO LEASE SPACES IN THE AREA. ON BUS LINE, EASY ACCESS TO THE 405 ON THE EAST AND THE 10 ON THE SOUTH. GREAT COMMERCIAL AREA. CLOSE TO STARBUCKS, IHOP, AND DARYA. BUILDING IS 32 FEET HIGH PROVIDING AMPLE SIGNAGE SPACE. SEPARATE ELECTRIC METERS FOR EACH TENANT. TENANTS PROVIDE OWN COOLING AND HEATING. OWNER ONLY PAYS WATER, ABOUT $600.00 A YEAR. VERY LOW MAINTENANCE. CLOSE TO SANTA MONICA, WESTWOOD, BRENTWOOD, BEL AIR, BEVERLY HILLS. SELLER IS DOING A 1031 EXCHANGE AND UP LEG IS IN ESCROW AND MUST CLOSE SOON. HIGH VISIBILITY ON MAJOR STREET, POLICE ONE MILE AWAY. VERY SAFE AREA, NO DEMONSTRATIONS EVER.
Presented By: Howard Gunderson with Marian Keith.

Interior Features for 12118 W Santa Monica Boulevard

Other Interior Features

Air Conditioning Y/NNo
Heating Y/NNo
Laundry FeaturesNone

General for 12118 W Santa Monica Boulevard

Additional Parcels Y/NNo
Business TypeCommercial
Construction MaterialsStucco, Steel
CoolingNone
HeatingNone
Listing AgentHoward Gunderson - BRE#00554522
Listing Agent State License00554522
MLS AreaWLA - West Los Angeles
Property Sub Type AdditionalRetail
Property SubTypeRetail
Property TypeCommercial Sale
RoofRolled/Hot Mop
Terms1031 Exchange
UtilitiesElectricity Connected, Sewer Connected, Water Connected
Water Sewer Expense600

Exterior for 12118 W Santa Monica Boulevard

FencingNone
Lot FeaturesNear Public Transit, Street Level
Lot Size Acres0.09
Lot Size Area3845
Lot Size SourceAssessor
Lot Size Square Feet3845
Lot Size UnitsSquare Feet
Number of Buildings1
Total Parking0
Water SourcePublic

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group
Price $2,250,000
MLS#SB21035018
List Date 02/21/2021
Property Type Commercial
Phone 310.658.1749
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