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Pen Factory - West Building


2701 Olympic Blvd, Santa Monica, CA 90404

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  • Property Type Office - Creative Office
  • Property Size 132,200 Sqft
  • Lot Size 7.14 Acre
  • Parking Spaces Avail. 661
  • Parking Ratio 5.00/ 1,000 SF
  • Property Tenancy Vacant
  • LEED Certified Gold
  • Building Class A
  • Year Built 2017


  • City Santa Monica, CA
  • Neighborhood Mid-City Santa Monica
  • Zip Code 90404
  • Market Los Angeles


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  • Registered Owner


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Market Trends

Average Actual Rents in Santa Monica

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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 (Sqft) 80,109
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  • Property Tax in 2021-2022 $2,922,276
  • Market Value $251,421,814
  • Assessed Value $251,421,814

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Frequently Asked Questions

What is the total square footage of Pen Factory - West Building?

Pen Factory - West Building totals 132,200 square feet.

When was this property built?

Pen Factory - West Building was built in 2017.

What is the property tax for Pen Factory - West Building?

The property tax for Pen Factory - West Building in 2021-2022 was $2,922,276.

What is the market value for Pen Factory - West Building?

The market value for Pen Factory - West Building in 2021-2022 was $251,421,814.

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Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.