Overview

Description

Lee & Associates Los Angeles West, Inc. is pleased to bring to market 1630-1638 12th Street. This fully leased investment opportunity includes two parcels: a 19,335 SF standalone creative office building on a 23,503 SF lot, and an adjacent 7,520 SF parking lot, totaling 31,023 SF of land.

For the past 26 years, Radical Media, a leading media and production company based in New York, has occupied the entire property. Their lease is set to expire on July 31, 2027, with one five-year renewal option at market rates.

Originally built in the 1950s and extensively renovated into creative office space in 1997, the property boasts an industrial-modernist design. The bright and airy interior features operable steel windows, skylights, exposed wood truss ceilings, and polished concrete floors. The layout combines open spaces with enclosed rooms, some including barn doors. The HVAC system comprises package units across various zones, allowing efficient airflow control. Additionally, there is a large kitchen area next to an outdoor covered patio and a separate building frequently used for casting.

Positioned as a creative office space in Santa Monica, one of Los Angeles’ most sought-after locations, this property benefits from its proximity to major tech and media employers. The potential for investment and its close access to premier Santa Monica amenities, dining, and nightlife make 1630-1638 12th Street a compelling long-term investment opportunity in one of the most supply-constrained markets in the United States.

Location

The property has excellent accessibility to the 10 and 405 Free-ways, as well as the 17th/SMC Metro Station, which is just a 10-minute walk away. Santa Monica is a city known for its rich tradition and diversity. Its historic background, central loca-tion, and coastal charm have positioned it as an economic hub. The city is distinguished by its lively commercial districts, up-scale residential neighborhoods, renowned hospitals, recre-ational and cultural venues, major corporate headquarters, and thriving tech, media, and entertainment industries.

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