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1313 3rd Street & 312 Arizona Avenue

Off-Market

1313 3rd Street, Santa Monica, CA 90401

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  • Property Type Retail - Street Retail
  • Property Size 52,981 SF
  • Lot Size 0.52 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2015

Location

  • City Santa Monica, CA
  • Neighborhood Downtown Santa Monica
  • Zip Code 90401
  • Market Los Angeles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 21 Jun, 2015
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Santa Monica

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 Santa Monica Office Market

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

  • 2020 Avg. Asking Rent $72.71
  • 2020 Office Vacancy Rate 11.55%
  • 2020 Office Completions (SF) 80,109
View more Santa Monica market trends

Tax

  • Property Tax in 2021-2022 $1,247,946
  • Market Value* $107,368,708
  • Assessed Value $107,368,708

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 1313 3rd Street & 312 Arizona Avenue?

1313 3rd Street & 312 Arizona Avenue totals 52,981 square feet.

When was this property built?

1313 3rd Street & 312 Arizona Avenue was built in 2015.

When was 1313 3rd Street & 312 Arizona Avenue last sold?

1313 3rd Street & 312 Arizona Avenue was last sold on 21 Jun, 2015.

What is the property tax for 1313 3rd Street & 312 Arizona Avenue?

The property tax for 1313 3rd Street & 312 Arizona Avenue in 2021-2022 was $1,247,946.

What is the market value for 1313 3rd Street & 312 Arizona Avenue?

The market value* for 1313 3rd Street & 312 Arizona Avenue in 2021-2022 was $107,368,708.
*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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