Listing banner image
  • Asking Price (Sale)
    $11,500,000Asking Price (Sale)
  • Property Type
    Land/DevelopmentProperty Type
  • Highest & Best Use
    Multifamily/Mixed-UseHighest & Best Use
  • Total Acres
    ~0.86 acTotal Acres
  • Properties
    1Properties
  • Size
    10,113 SFSize

Description

1501-1511 Wilshire is a premier 0.86-acre corner lot redevelopment opportunity in Santa Monica, California, boasting over 150 feet of frontage along Wilshire Boulevard and an ideal location across the street from the UCLA Medical Center.

Situated in the core of Santa Monica’s coveted Wilshire/Montana neighborhood and comprising two contiguous parcels with 10,113 square feet of existing vacant retail improvements, the site is ideally positioned for a mixed-use residential conversion that aligns with the city’s long-term urban planning goals and strong housing demand.

Santa Monica continues...

Documents

Offering Summary

  • Asking Price
    $11,500,000
  • Property Type
    Land/Development
  • Size
    10,113 SF
  • Properties
    2 Retail Buildings

Documents

Property Address

1501-1511 Wilshire Blvd
Santa Monica, CA 90403

Property Details

  • Square Feet
    10,113 SF
  • Acres
    0.86
  • Property Type
    Land/Development
  • Entitlements
    No (Unentitled)
  • Topography
    Flat
  • Zoning
    MUB & R2
  • Highest & Best Use
    Multifamily/Mixed-Use
  • APN
    231, 54654-687987, 65456456-5646-211, 5454-8798-51455, 544554-54654, 545665454-584545, 54545454-65464-54545
  • Ownership Interest
    Fee Simple

Property Details

  • Square Feet
    10,113 SF
  • Acres
    0.86
  • Property Type
    Land/Development
  • Entitlements
    No (Unentitled)
  • Topography
    Flat
  • Zoning
    MUB & R2
  • Highest & Best Use
    Multifamily/Mixed-Use
  • APN
    231, 54654-687987, 65456456-5646-211, 5454-8798-51455, 544554-54654, 545665454-584545, 54545454-65464-54545
  • Ownership Interest
    Fee Simple

Deal Team

Sean Fulp profile image
Sean Fulp
Vice Chair Vice Chair
CA RE Lic. 01389064
Mark Schuessler profile image
Mark Schuessler
Executive Vice President Executive Vice President
CA RE Lic. 02033871
Jordan Garcia profile image
Jordan Garcia
Associate Vice President Associate Vice President
CA RE Lic. 02090086
Eric Longo profile image
Eric Longo
Financial Analyst Financial Analyst
CA RE Lic. 02234481

Description

1501-1511 Wilshire is a premier 0.86-acre corner lot redevelopment opportunity in Santa Monica, California, boasting over 150 feet of frontage along Wilshire Boulevard and an ideal location across the street from the UCLA Medical Center.

Situated in the core of Santa Monica’s coveted Wilshire/Montana neighborhood and comprising two contiguous parcels with 10,113 square feet of existing vacant retail improvements, the site is ideally positioned for a mixed-use residential conversion that aligns with the city’s long-term urban planning goals and strong housing demand.

Santa Monica continues...

Documents

Offering Summary

  • Asking Price
    $11,500,000
  • Property Type
    Land/Development
  • Size
    10,113 SF
  • Properties
    2 Retail Buildings

Documents

Property Address

1501-1511 Wilshire Blvd
Santa Monica, CA 90403

Property Details

  • Square Feet
    10,113 SF
  • Acres
    0.86
  • Property Type
    Land/Development
  • Entitlements
    No (Unentitled)
  • Topography
    Flat
  • Zoning
    MUB & R2
  • Highest & Best Use
    Multifamily/Mixed-Use
  • APN
    231, 54654-687987, 65456456-5646-211, 5454-8798-51455, 544554-54654, 545665454-584545, 54545454-65464-54545
  • Ownership Interest
    Fee Simple

Property Details

  • Square Feet
    10,113 SF
  • Acres
    0.86
  • Property Type
    Land/Development
  • Entitlements
    No (Unentitled)
  • Topography
    Flat
  • Zoning
    MUB & R2
  • Highest & Best Use
    Multifamily/Mixed-Use
  • APN
    231, 54654-687987, 65456456-5646-211, 5454-8798-51455, 544554-54654, 545665454-584545, 54545454-65464-54545
  • Ownership Interest
    Fee Simple

Deal Team

Sean Fulp profile image
Sean Fulp
Vice Chair Vice Chair
CA RE Lic. 01389064
Mark Schuessler profile image
Mark Schuessler
Executive Vice President Executive Vice President
CA RE Lic. 02033871
Jordan Garcia profile image
Jordan Garcia
Associate Vice President Associate Vice President
CA RE Lic. 02090086
Eric Longo profile image
Eric Longo
Financial Analyst Financial Analyst
CA RE Lic. 02234481
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