3130 Wilshire

3130 Wilshire 3130 Wilshire Boulevard, 1225 Stanford Street
Santa Monica, CA 90403

  • Unpriced

    Asking Price

  • 96,085

    Square Feet

  • 74%

    Occupancy

  • 3/ 1,000 SF

    Parking Ratio

  • Office

    Property Type

  • A

    Building Class

Offering Summary

Offers Due 6/22/2022

Address

  • 3130 Wilshire Boulevard
    Santa Monica, CA 90403

Pricing

  • Asking PriceUnpriced

Details

  • Property TypeOffice
  • Listing StatusOffers Due 6/22/2022
  • Square Feet96,085
  • Occupancy74%
  • Year Built1968
  • Year Renovated2016
  • Building ClassA
  • Building(s)1
  • Stories6
  • Parking Ratio3/ 1,000 SF
  • Acres1.30
  • APN4267002025 426700306
  • TenancyMultiple

Address

  • 3130 Wilshire Boulevard
    CA 90403

Pricing

  • Asking PriceUnpriced

Details

  • Property TypeOffice
  • Listing StatusOffers Due 6/22/2022
  • Square Feet96,085
  • Occupancy74%
  • Year Built1968
  • Year Renovated2016
  • Building ClassA
  • Building(s)1
  • Stories6
  • Parking Ratio3/ 1,000 SF
  • Acres1.30
  • APN4267002025 426700306
  • TenancyMultiple

Description

Newmark, as an exclusive advisor, is pleased to present the value-add opportunity to acquire the fee-simple interest in 3130 Wilshire Boulevard, a six-story office property consisting of 96,085 rentable square feet.

Situated in the heart of Los Angeles’ esteemed Santa Monica submarket —one of the region’s highest “barriers to entry” locations — 3130 Wilshire is 74% leased to a diverse tenant roster. In addition to its attached five-level parking garage, the property also includes a separate 0.34 acre (± 15,000-square-foot) surface parking lot located two blocks away at 1225 Stanford Street. The surface parking lot maintains a zoning designation of “R-2”, providing the investor with the optionality of converting the parcel to residential.

Deal Team

Kevin Shannon

Kevin Shannon

Co-Head of U.S. Capital Markets

310-491-2005 kevin.shannon@nmrk.com

CA RE Lic. #00836549

Laura Stumm

Laura Stumm

Senior Managing Director

310-491-2020 laura.stumm@nmrk.com

CA RE Lic. #01914207

Sean Fulp

Sean Fulp

Vice Chairman

310-407-6596 sean.fulp@nmrk.com

CA RE Lic. #01389064

Ryan Plummer

Ryan Plummer

Managing Director

310-407-6570 ryan.plummer@nmrk.com

CA RE Lic. #01765854