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$6,750,000
349 Days Online

1540 7th Street
Santa Monica, CA 90401

For Sale|Multi-Family|Pending
County:
Los Angeles
Listed by Filip Niculete of Marcus & Millichap

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(866) 538-6057
1540 7Th Street1540 7Th Street1540 7Th Street1540 7Th Street
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We are proud to present this significant price reduction for 1540 7th Street in Downtown Santa Monica, California. Built in 1986 and renovated in 2006, this 9,434 SF mixed-use property consists of both office and multi-family units, with the potential for future redevelopment, highlighted in the Downtown Santa Monica Specific Plan.1540 7th Street is currently laid out as a three-story creative office/live-work building, comprising of 8 units in total. The building is zoned SMC3*/TA (Transit Adjacent), and has a parking ratio of approximately 2.00/1,000 SF, secured through a private garage. The building is currently 50% occupied with three vacant office units totaling 4,715 SF. All Tenants are on month-to-month leases, giving an investor or owner/user the opportunity to quickly add value or run their business while obtaining historically low financing.

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Listing Snapshot
Price 
$6,750,000
Days Online 
349 Days
Bedrooms 
N/A
Inside Area (SqFt) 
9,434 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.17 Acres
Year Built 
1986
MLS Number 
21748066
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS
5 months agoStatus changed to Pending
7 months agoPrice changed to $6,750,000
10 months agoPrice changed to $7,500,000
11 months agoListing first seen online
General Features
Parking 
Covered
Parking Spaces 
0
Number of Stories 
0
Acreage 
0.17
Zoning 
SMC3*
Listing Conditions 
Standard
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Community Features
Association Dues 
0
Senior Community 
No
MLS Area 
C14 - Santa Monica
Crmls Logo Real Estate For Sale

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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