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191 Commercial Real Estate Listings in Santa Monica, CA

  • Wilshire Boulevard 100 - Santa Monica
    100 Wilshire Boulevard, Downtown Santa Monica, Santa Monica, CA 90401
    For Lease $111/Sqft/Year
    Property
    • Office
    Availability
    • 5 Spaces
    • 19,687 Sqft
  • Broadway Place - 2032-2050 Broadway - Santa Monica
    2050 Broadway, Mid-City Santa Monica, Santa Monica, CA 90404
    For Lease $57/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 9,200 Sqft
  • 3201 Wilshire Blvd - Santa Monica
    3201 Wilshire Blvd, Wilshire - Montana, Santa Monica, CA 90403
    For Lease $45/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 3,493 Sqft
  • 3435 Ocean Park Blvd - Santa Monica
    3435 Ocean Park Blvd, Sunset Park, Santa Monica, CA 90405
    For Lease $47.4/Sqft/Year
    Property
    • Office
    Availability
    • 4 Spaces
    • 6,793 Sqft
  • 1411-1413 5th Street - Santa Monica
    1411 5th Street, Downtown Santa Monica, Santa Monica, CA 90401
    For Lease $49 - $54/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 8,000 Sqft
  • NMS Studios - Santa Monica
    2932 Nebraska Avenue, Mid-City Santa Monica, Santa Monica, CA 90404
    For Lease Contact for pricing
    Property
    • Office
    Availability
    • 14 Spaces
    • 13,831 Sqft
  • Media Park Santa Monica - Santa Monica
    1813 Centinela Avenue, Mid-City Santa Monica, Santa Monica, CA 90025
    For Lease $54/Sqft/Year
    Property
    • Office
    Availability
    • 5 Spaces
    • 32,050 Sqft
  • 520 Broadway - Santa Monica
    520 Broadway, Downtown Santa Monica, Santa Monica, CA 90401
    For Lease $84/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 21,194 Sqft
  • 1341 4th Street - Santa Monica
    1341 4th Street, Downtown Santa Monica, Santa Monica, CA 90401
    For Lease $78/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 8,900 Sqft
  • Roberts Business Park - Santa Monica
    2842 Colorado Avenue, Mid-City Santa Monica, Santa Monica, CA 90404
    For Lease $39 - $55.8/Sqft/Year
    Property
    • Office
    Availability
    • 9 Spaces
    • 14,188 Sqft
  • 1520-1528 Cloverfield Blvd - Santa Monica
    1520 Cloverfield Blvd, Mid-City Santa Monica, Santa Monica, CA 90404
    For Lease $42/Sqft/Year
    Property
    • Industrial
    Availability
    • 2 Spaces
    • 4,955 Sqft
  • 730 Arizona Ave - Santa Monica
    730 Arizona Avenue, Downtown Santa Monica, Santa Monica, CA 90401
    For Lease $14.57 - $32.7/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 4,100 Sqft
  • 1556 20th Street - Santa Monica
    1556 20th Street, Mid-City Santa Monica, Santa Monica, CA 90404
    For Lease $39 - $52.2/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 15,629 Sqft
  • 3130 Wilshire - Santa Monica
    3130 Wilshire Blvd, Mid-City Santa Monica, Santa Monica, CA 90403
    For Lease $57 - $59.4/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 6,959 Sqft
  • 201 Wilshire Blvd - Santa Monica
    201 Wilshire Blvd, Wilshire - Montana, Santa Monica, CA 90401
    For Lease $66/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 1,600 Sqft
  • 501 Santa Monica Blvd - Santa Monica
    501 Santa Monica Blvd, Downtown Santa Monica, Santa Monica, CA 90401
    For Lease $78/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 6,569 Sqft
  • Wells Fargo Bank Building - Santa Monica
    2444 Wilshire Blvd, Mid-City Santa Monica, Santa Monica, CA 90403
    For Lease $39.6 - $42/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 1,714 Sqft
  • 2601 Ocean Park Blvd - Santa Monica
    2601 Ocean Park Blvd, Sunset Park, Santa Monica, CA 90405
    For Lease $43.8/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 2,400 Sqft
  • Lantana Media Campus - South 1 & South 2 Buildings - Santa Monica
    3003 Exposition Blvd, Pico, Santa Monica, CA 90404
    For Lease $69/Sqft/Year
    Property
    • Office
    Availability
    • 5 Spaces
    • 92,800 Sqft
  • The Telephone Building - Santa Monica
    1314 7th Street, Downtown Santa Monica, Santa Monica, CA 90401
    For Lease $5.5/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 8,236 Sqft
  • 2730 Wilshire - Santa Monica
    2730 Wilshire Blvd, Mid-City Santa Monica, Santa Monica, CA 90403
    For Lease $67.8/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 4,731 Sqft
  • 1640 5th Street - Santa Monica
    1640 5th Street, Downtown Santa Monica, Santa Monica, CA 90401
    For Lease $51 - $63/Sqft/Year
    Property
    • Office
    Availability
    • 13 Spaces
    • 17,506 Sqft
  • Arboretum Courtyard - 2120 Colorado Avenue - Santa Monica
    2120 Colorado Avenue, Mid-City Santa Monica, Santa Monica, CA 90404
    For Lease $77.76/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 11,039 Sqft
  • 2121 Wilshire Blvd - Santa Monica
    2121 Wilshire Blvd, Wilshire - Montana, Santa Monica, CA 90403
    For Lease $63/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 3,098 Sqft
  • Pier Point Pacific - Santa Monica
    1540 2nd Street, Downtown Santa Monica, Santa Monica, CA 90401
    For Lease $63/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 4,886 Sqft

Santa Monica, CA Commercial Real Estate

There are currently 189 commercial listings available in Santa Monica, CA. These listings include 210 commercial spaces that encompass a total of 1,470,122 square feet. Available commercial spaces in Santa Monica, CA range in size from 105 square feet to 131,749 square feet. A total of 110 off-market commercial properties located in Santa Monica, CA are also available for research.

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Santa Monica, CA Economic Overview

Location Photo

Santa Monica is a beachfront city in Santa Monica Bay, located in western Los Angeles County. A famed resort town, Santa Monica is bordered on three sides by the city of Los Angeles and the Pacific Ocean on the west, encompassing an area slightly greater than eight square miles. The city is home to a residential population of over 93,600 and accommodates over 23,150 companies. Santa Monica has emerged as the center of “Silicon Beach” and is home to hundreds of venture-capital funded startups. With its thriving tech startup culture and small business community, it’s currently ranked by Fundera as the 6th best city for small business. Santa Monica is also home to numerous tourist attractions, including the famed Santa Monica Pier and vibrant shopping districts. Santa Monica is also one of the most environmentally activist municipalities in the nation, as one of the first to formally adopt a comprehensive sustainability plan. Due to its agreeable climate, revitalized downtown core, significant job growth, and coastal tourism industry, Santa Monica commercial real estate is among the most desirable in the State.

Santa Monica lies at the heart of “Silicon Beach,” the Westside region of the Los Angeles metropolitan area, and hosts over 500 technology startup companies. In 2016, Santa Monica ranked 2nd in terms of companies funded by venture capital firms, just behind the neighboring city of Venice. Unlike the traditional definition of Silicon Valley, Silicon Beach boasts a more diversified economy where tourism, finance, and other industries play a vital role. Nearby startup incubators and accelerators include Amplify.LA and the Disney Accelerator, serving startup firms such as Vertabrae, Inc., Tradesy, Headspace, and ZipRecruiter.

Santa Monica’s tourism industry caters to over 7.3 million Pier visitors each year, which bring in a total annual contribution of approximately $2 billion. Its larger-scale technology sector includes the headquarters of notable companies such as Hulu and the RAND Corporation. Entertainment companies like Universal Music Group and Lionsgate Films, also maintain headquarters in the City.

A number of game development studios are based in Santa Monica, as well, making it a major location for the industry. Headquarters to retail brand TOMS Shoes, can also be found here. Local businesses will find that Santa Monica is home to a highly affluent community, with median household income levels significantly higher than the rest of the State, sitting at approximately $77,000.

Santa Monica, CA Commercial Real Estate Market

Due to its advantageous positioning in proximity to Los Angeles and its centrality to Silicon Beach, Santa Monica offers startups and other small business owners an ideal location with ocean views, access to a middle-class income demographic, and exposure to its tourism industry. Technology and entertainment industries continue to drive commercial growth in the area, although healthcare is not far behind. In terms of retail, Santa Monica is home to three main shopping districts, Montana Avenue on the north side, the Downtown District in the city's core, and Main Street on the south end. Rental properties for lease here, including office and commercial space, can be found throughout the numerous neighborhoods of Santa Monica at large, but are concentrated in the downtown core.

The Santa Monica office market is currently experiencing a rapid rise in tenant demand, after a handful of well publicized companies had left two years prior. Absorption in the micro market is on the rise, driven by large scale expansions and relocation by homegrown technology companies. Santa Monica offers a total inventory of just over 7.7 million square feet of office space, with 422,000 square feet under construction as of mid-2017, at a total vacancy rate of 14.2%. Santa Monica is the second-largest office market in the Westside L.A. region, just behind Century City.

Downtown Santa Monica currently hosts a wide variety of businesses that differ greatly in size and offers the maximum possible visibility in the area. The Downtown Santa Monica commercial real estate market is located just steps away from the Pier and placed among vibrant shopping locations, such as the Third Street Promenade, a major outdoor pedestrian-only shopping district between Wilshire Blvd. and Broadway. Santa Monica Place, a three-level outdoor shopping center, can also be found here.

Santa Monica, CA Commercial Inventory Breakdown

Office Spaces

Total: 11,068,208 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 3,469,731 SF / 31.35% of total office
  • 100k to 500k SF: 7,598,477 SF / 68.65% of total office

By class:

  • Class A: 7,815,204 SF / 70.61% of total office
  • Class B: 2,257,788 SF / 20.4% of total office
  • Class C: 94,681 SF / 0.86% of total office

Industrial

Total: 202,730 SF

Data provided by Yardi Matrix, properties over 50k SF

By square footage range:

  • 50k to 100k SF: 202,730 SF / 100% of total industrial

By class:

  • Class A: 57,028 SF / 28.13% of total industrial
  • Class B: 145,702 SF / 71.87% of total industrial

Office Spaces with Retail

Total: 1,137,114 SF

Data provided by Yardi Matrix, properties over 50k SF

By square footage range:

  • 50k to 100k SF: 416,372 SF / 36.62% of total office with retail
  • 100k to 500k SF: 203,742 SF / 17.92% of total office with retail
  • 500k to 1M SF: 517,000 SF / 45.47% of total office with retail

Employment in Santa Monica, CA

Employment

Record-high levels of employment in Santa Monica are set to sustain a growing economy for the years ahead. Santa Monica boasts a labor force of 56,900, with 54,700 currently employed. The City’s unemployment rate is at a low 3.8%, compared to the Los Angeles average of 4.5% and State average of 4.7%. The most common job groups are Management, Arts and Recreation, Sales, Administrative, and Business. The occupations with the fastest project job growth in the Los Angeles County area include Mathematicians, Personal Care Aides, and Statisticians.

According to the Bureau of Labor Statistics, the industries in the Los Angeles-Long Beach-Glendale, CA area with the highest employment numbers include:

  • Trade, Transportation, and Utilities—currently employs 820,000, growing at 0.2%/year
  • Education and Health Services—currently employs 781,000, growing at 2.6%/year
  • Professional and Business Services—currently employs 615,000, growing at 3.1%/year

Education in Santa Monica, CA

The Santa Monica-Malibu Unified School District provides public education at the elementary and secondary levels. The district maintains eight public elementary schools, three public middle schools, and two high schools. Seven private and religious schools are also located within the City. In addition to the traditional model of early education school houses, SMASH (Santa Monica Alternative School House) is a K-8 public school of choice with team teachers and multi-aged classrooms.

Santa Monica is home to Santa Monica College (SMC), a community college founded in 1929. Many SMC graduates transfer to the University of California system. It sprawls over 35 acres and enrolls 30,000 students annually. The Art Institute of California – Los Angeles is also in Santa Monica near the Santa Monica Airport.

Commuting Time in Santa Monica, CA

Santa Monica has made getting around easy with its award-winning bus system, electric shuttles, and bike paths. Major transportation options include:

  • Commuting to Los Angeles is regularly conducted through the Santa Monica Freeway (Interstate 10), beginning in Santa Monica near the Pacific Ocean and heading east. The Santa Monica Freeway between Santa Monica and downtown Los Angeles has the distinction of being one of the busiest highways in all of North America.
  • Commute by Santa Monica’s award-winning bus line, the Big Blue Bus, which also serves much of West Los Angeles and the University of California, Los Angeles. The city of Santa Monica is also served by the Los Angeles County Metropolitan Transportation Authority's (Metro) bus lines.
  • By light rail, the Expo Line from Culver City to Santa Monica started service beginning on May 20, 2016. Santa Monica Metro stations include 26th Street/Bergamot, 17th Street/Santa Monica College, and Downtown Santa Monica. Travel time between the downtown Santa Monica and the downtown Los Angeles termini is approximately 47 minutes.
  • The city owns and operates a general aviation airport, Santa Monica Airport, which has been the site of several important aviation achievements. Commercial flights are available for residents at Los Angeles International Airport, a few miles south of Santa Monica.
  • Santa Monica has a bike action plan and recently launched a bicycle sharing system in November 2015 and traversed by the Marvin Braude Bike Trail. Santa Monica is thought to be one of the leaders for bicycle infrastructure and programming in Los Angeles County.

Employees in Santa Monica have a shorter commute time of 23.3 minutes than the national average of 24.8 minutes. The largest share of workers drives alone, followed by those who work at home and use public transit.

Santa Monica Demographics

Population

  • Total Population92,078
  • Male Population(49.0 %) 45,136
  • Female Population(51.0 %) 46,942
  • Median Age39.90

Income/Financial

  • Average Household Income$142,957
  • Median Household Income$93,865
  • Median Income Under 25$47,580
  • Median Income 25-44$115,674
  • Median Income 45-64$96,584
  • Median Income Over 65$48,893

News

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