7740 Santa Monica Blvd

7740 Santa Monica Blvd, West Hollywood, CA 90046

Listing Price: $2,385,000.00

Gross SF
Rentable SF
Land SF

Property Description

Marcus and Millichap is pleased to present 7740 Santa Monica Boulevard, a freestanding street front retail building with second-floor office and gated parking. Situated in the dynamic city of West Hollywood, renowned as one of Greater Los Angeles’ premier retail destinations, this 2,616-square-foot property underwent extensive renovations in 2024, including a new roof, HVAC systems, electrical, and plumbing. Elevating its appeal, the premises features a secure gated concrete parking lot at the rear. The ground floor retail unit consists of approximately 1,492 SF and the second floor consists of two office suites (can be combined) totaling approximately 1,124 SF. Each unit has its own bathroom and is separately metered for electricity.

Ideally located just 3 ½ blocks east of N Fairfax on Santa Monica Blvd, a bustling intersection with a daily traffic count exceeding 54,392 vehicles and positioned directly adjacent to the signalized intersection of Santa Monica Blvd and Genesee Ave, the property offers exceptional visibility and accessibility. Boasting an impressive Walk Score of 96, labeling it a “Walker’s Paradise,” it is surrounded by a vibrant array of upscale restaurants, trendy shopping boutiques, and luxury hotels. Moreover, the area showcases a robust demographic profile, with a daytime population surpassing 412,035 and an average annual household income of $132,724 within a 3-mile radius.

7740 Santa Monica will be delivered vacant at the close of escrow offering versatility to either an Owner/User or Investor. An Owner/User can capitalize on SBA Financing with a minimal down payment of just 10%, enabling them to occupy the entire building or a designated portion, while simultaneously leasing out the remaining space to alleviate their cost of occupancy. Alternatively, Investors can capitalize on leasing the entire building at market rent, securing a stable investment in a coveted and high-demand market.

Property Highlights

    • Recently Renovated Freestanding Street Front Retail with Office Space
    • Available for Sale or Lease
    • Major Improvements in 2024 | New Roof, HVAC, Electrical, Plumbing, Drywall, Paint, & Skylight
    • Concrete Parking Lot with Fully Secured Gate
    • Public Parking Lot on the corner of Spaulding & Santa Monica
    • $2.00/Hr All Day Parking Available
    • Walker’s Paradise (93) | Good Transit (56)
    • Located in West Hollywood
      • 1.3 Miles from The Grove
      • 1.5 Miles from the Hollywood Walk of Fame
      • 2.4 Miles from Wilshire Country Club
      • 3.2 Miles from Larchmont Village
    • Surrounded by Upscale Trendy Restaurants | Amour WeHo, PREMIER Restaurant & Bar, Norah, Employees Only Restaurant & Bar, La Boheme, Jones, & much more
    • Strong Infill Affluent Demographics | Over 412,035 Daytime Population with an average annual household income of $132,724 within a 3-mile radius