Pen Factory - West Building

2701 Olympic Blvd, Santa Monica, CA 90404

Property Information

  • For Lease $4.00 - $4.75/SF/MO
  • Property Type Office - Creative Office
  • Property Size 132,200 SF
  • Lot Size 7.14 Acre
  • Parking Spaces Avail. 661
  • Parking Ratio 5.00 / 1,000 SF
  • Property Tenancy Single Tenant
  • LEED Certified Gold
  • Building Class A
  • Year Built 1957
  • Date Updated Apr 29, 2026

Description

Pen Factory - West Building is a LEED Gold Certified, Class A creative office building in Santa Monica, offering 132,200 square feet of workspace on a 7.14-acre lot. The property includes 661 parking spaces with a parking ratio of 5 spaces per 1,000 square feet, ensuring convenience for tenants and visitors. Built in 1957, this office space is thoughtfully designed to support modern business needs while maintaining its distinctive character.

Nestled in Mid-City Santa Monica, this location is surrounded by a variety of amenities within walking distance. Dining options like Le Great Outdoor, Birdie G's, and Tiato are just steps away, while Santa Monica College Center for Media and Design is approximately 0.2 miles from the property. Hotels such as Comfort Inn and Gateway Hotel Santa Monica are nearby, making accommodations accessible for business travelers. Transportation hubs like the Palms station are approximately 3.7 miles away, while major fuel stations such as Chevron and Shell are within 0.3 miles. Nearby child care centers like Bright Horizons and Evergreen Community School add further convenience for tenants.

2 Spaces Available

Space Available

Space Type

Creative Office

Lease Rate

$4.00/SF/MO

Total Space

73,869 SF

Divisible Space

73,869 - 131,749 SF

Available Date

Immediate

Lease Type

Modified Gross

Renewal Option

No

Sublease

Yes

Sublease Expiry

Feb 28, 2031

Build Type

Full build out

Turnkey

Yes

73,869 SF of beautifully built out space in “plug and play” condition.

Ability to extend to 07/31/2033.

Space Available

Space Type

Creative Office

Lease Rate

$4.75/SF/MO

Total Space

57,880 SF

Divisible Space

57,880 - 131,749 SF

Available Date

Immediate

Lease Type

Modified Gross

Renewal Option

No

Sublease

Yes

Sublease Expiry

Feb 28, 2031

57,880 SF ready for improvements; $75/RSF TIA available on expansion space.

Ability to extend to 07/31/2033.

Location

Located at 2701 Olympic Blvd, Santa Monica, CA 90404, this property is part of the Mid-City Santa Monica neighborhood and Los Angeles market.

Contact Pen Factory - West Building
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