Santa Monica & Van Ness

Off-Market

5800 Santa Monica Blvd, Los Angeles, CA 90038

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Retail - Strip/Convenience
  • Property Size 52,081 SF
  • Lot Size 2.4 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1986

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Los Angeles

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Los Angeles Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2021 Avg. Asking Rent $46.17
  • 2021 Office Vacancy Rate 16.53%
  • 2021 Office Completions (SF) 1,315,654

Los Angeles Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2021 Avg. Price per SF $484.38
  • Y-o-Y Avg. PpSF Change 6.84%
  • 2021 Office Sales Volume $479.9M
  • 2021 Number of Transactions 15
View more Los Angeles market trends

Location

Getting Around

  • Walk Score ®

    85/100 Very Walkable
  • Transit Score ®

    62/100 Good Transit
  • Bike Score ®

    77/100 Very Bikeable
Powered by Walk Score ®
  • City Los Angeles, CA
  • Neighborhood Hollywood
  • Zip Code 90038
  • Market Los Angeles

Points of Interest

  • Hollywood/Vine

    0.88 miles

  • Hollywood/Western

    0.91 miles

  • Vermont/Santa Monica

    1.46 miles

  • Vermont/Santa Monica North Entrance

    1.46 miles

  • Vermont/Santa Monica South Entrance

    1.47 miles

  • Hollywood/Highland

    1.47 miles

  • Vermont/Sunset Entrance

    1.56 miles

  • Vermont/Sunset

    1.58 miles

  • Vermont/Beverly

    1.75 miles

  • Wilshire/Western

    2.02 miles

  • Mobil

    0.55 miles

  • Mobil

    0.55 miles

  • Shell

    0.60 miles

  • Arco

    0.68 miles

  • Valero

    0.75 miles

  • Arco

    1.06 miles

  • Mobil

    1.06 miles

  • 76

    1.06 miles

  • Mobil

    1.10 miles

  • Mobil

    1.23 miles

  • Lemon Grove Parking

    0.21 miles

  • Van Ness Parking

    0.38 miles

  • "B" Tank

    0.38 miles

  • Visitor Parking

    0.40 miles

  • East Bronson Parking

    0.45 miles

  • West Bronson Parking

    0.45 miles

  • Sunset Bronson Studios Parking Structure

    0.46 miles

  • Pickford Parking

    0.46 miles

  • Gower Parking Structure

    0.47 miles

  • Plaza Parking

    0.47 miles

  • Little Caesars

    0.09 miles

  • Baroo

    0.20 miles

  • BBQ+RICE Korean Rice Bowl

    0.21 miles

  • Subway

    0.30 miles

  • McDonald's

    0.46 miles

  • Yoshinoya

    0.48 miles

  • Arby's

    0.51 miles

  • Panda Express

    0.51 miles

  • Dave's Hot Chicken

    0.51 miles

  • Tamarind Ave. Deli

    0.52 miles

  • Smart & Final

    0.48 miles

  • Sunset Gower Studios

    0.53 miles

  • Lucy`s

    0.65 miles

  • Target

    0.66 miles

  • Pavilions

    0.69 miles

  • Jon's Marketplace

    0.70 miles

  • Food 4 Less

    0.71 miles

  • Trader Joe's

    0.84 miles

  • Marshalls

    0.94 miles

  • Ralphs

    0.98 miles

Frequently Asked Questions

What is the total square footage of Santa Monica & Van Ness?

Santa Monica & Van Ness totals 52,081 square feet.

When was this property built?

Santa Monica & Van Ness was built in 1986.

What is the market value for Santa Monica & Van Ness?

The market value* for Santa Monica & Van Ness in 2022-2023 was $9,549,364.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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