Retail Space
1620 Wilshire Boulevard Santa Monica, CA 90403
Details & Description
Price: $165,000
    PROPERTY DESCRIPTIONBUSINESS OPPORTUNITY: POSH CAFESIZE: Approximately 1,100 square feetASKING PRICE: $165,000CURRENT RENT: $6,000 per month including NNNCURRENT LEASE: 2 years and 5 year option remainPARKING: Metered street parkingAVAILABLE: ImmediatelyPlease do not disturb tenant• Posh Cafe has been a favorite Go To cafe for great sandwiches, salads and coffees over the last 3 years• Great location on Wilshire which serves the local business and residential community• Seats 28• Great opportunity to add value and other streams of sales and income• Very low labor as owner operator works the cafe with limited staff• Ideal for owner operator preferably• Large kitchen for preparations with storage space and refrigerator, freezer
    Additional Photos
    Listing Agents
    John Moudakis

    O: 310-395-2663
    johnm@parcommercial.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1620 Wilshire Boulevard

    Santa Monica, CA 90403

    Listing ID: 147716
    • 1620 Wilshire Boulevard Santa Monica, CA 90403 | for Sale | Photo 1
    • 1620 Wilshire Boulevard Santa Monica, CA 90403 | for Sale | Photo 2
    • 1620 Wilshire Boulevard Santa Monica, CA 90403 | for Sale | Photo 3
    • 1620 Wilshire Boulevard Santa Monica, CA 90403 | for Sale | Photo 4
    • 1620 Wilshire Boulevard Santa Monica, CA 90403 | for Sale | Photo 5
    1620 Wilshire Boulevard | for Sale | Thumbnail 1
    1620 Wilshire Boulevard | for Sale | Thumbnail 2
    1620 Wilshire Boulevard | for Sale | Thumbnail 3
    1620 Wilshire Boulevard | for Sale | Thumbnail 4
    1620 Wilshire Boulevard | for Sale | Thumbnail 5
    Building Size: 1,100 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $150.00
    Land $/SF:
    Price
    $165,000
    Description
    PROPERTY DESCRIPTION
    BUSINESS OPPORTUNITY: POSH CAFE
    SIZE: Approximately 1,100 square feet
    ASKING PRICE: $165,000
    CURRENT RENT: $6,000 per month including NNN
    CURRENT LEASE: 2 years and 5 year option remain
    PARKING: Metered street parking
    AVAILABLE: Immediately

    Please do not disturb tenant

    • Posh Cafe has been a favorite Go To cafe for great sandwiches, salads and coffees over the last 3 years
    • Great location on Wilshire which serves the local business and residential community
    • Seats 28
    • Great opportunity to add value and other streams of sales and income
    • Very low labor as owner operator works the cafe with limited staff
    • Ideal for owner operator preferably
    • Large kitchen for preparations with storage space and refrigerator, freezer
    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Los Angeles History of Retail Space for Sale

    Loan and Amortization Calculator

    Listing Price
    Down Payment

    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    Santa Monica Area Market Trends

    Listing Demographics for 1620 Wilshire Boulevard Santa Monica, CA 90403

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population41,980202,283436,694
    Population Median Age414039
    Population by Age0-9 Yrs3635 (8%)17598 (8%)37308 (8%)
    10-19 Yrs2938 (6%)15118 (7%)41083 (9%)
    20-29 Yrs7221 (17%)35614 (17%)83687 (19%)
    30-39 Yrs7816 (18%)38120 (18%)78171 (17%)
    40-49 Yrs5715 (13%)28702 (14%)58079 (13%)
    50-59 Yrs4968 (11%)24172 (11%)49524 (11%)
    60-69 Yrs4635 (11%)21266 (10%)43495 (9%)
    70+ Yrs5052 (12%)21693 (10%)45347 (10%)
    Median HH Income$92,871$94,619$90,505
    Total Household Income< 24K3607 (17%)14831 (15%)31246 (15%)
    25-49K2470 (11%)12836 (13%)27260 (13%)
    50-74K2700 (12%)11670 (12%)25504 (13%)
    75-99K2353 (11%)10871 (11%)22655 (11%)
    100-199K6139 (29%)25929 (27%)50861 (25%)
    200K+3648 (17%)19600 (20%)38598 (19%)
    Highest Education LevelNo Diploma1518912620223
    Diploma or GED31771229126826
    Some College42992180648441
    Assoc. Degree1556748215624
    Bachelors Degree1318661888118285
    Higher Degree94374525193039
    Total Housing Units23,507105,453215,709
    --Owner-Occupied5,10232,22668,993
    --Renter-Occupied15,81363,511127,131
    Owner-Occupied Values< 100K495541117
    100-199K34239536
    200-299K30279680
    300-399K78406824
    400-499K1599182085
    500K+47542983063751
    Total Working Age Population36,499175,003379,716
    In Work Force25,437124,991260,627
    Not In Work Force11,06250,012119,089
    Workforce Employed24,006117,631245,484
    Workforce Unemployed1,4307,30915,059
    Civlian Workforce25,437124,939260,543
    Military Workforce05184
    Total Households20,91695,738196,124
    Family Households8,14941,20386,173
    Non-Family Households12,76654,534109,951
    Married Couple6,37931,70866,663
    Other Family1,7709,49619,510
    Married w/Child2,55612,16125,709
    Single Male w/Child1901,3102,390
    Single Female w/Child6212,9855,747

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    California33,871,648+1037,253,956+940,467,295+843,631,295
    Los Angeles County9,519,338+39,818,605+610,369,367+410,759,850

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1620 Wilshire Boulevard in Santa Monica?
    The asking price for 1620 Wilshire Boulevard is $165,000
    What is the building size of this Retail property in Santa Monica, CA?
    The size of the building/unit at 1620 Wilshire Boulevard in Santa Monica is 1,100 square feet
    What is the population within 1 mile of 1620 Wilshire Boulevard in Santa Monica?
    The population within 1 mile of 1620 Wilshire Boulevard Santa Monica, CA 90403 is 41,980 people.
    Who do I contact for questions about 1620 Wilshire Boulevard?
    You should contact the listing agent, John Moudakis, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Los Angeles International Airport (LAX) 7
    John Wayne Airport-Orange County Airport (SNA) 43
    Ontario International Airport (ONT) 51
    Price
    $165,000
    Listing Agent
    More listings from John Moudakis
    Featured Local Vendors
    • SUPPORT OUR FREE PLATFORM •
    The below vendors allow us to provide our platform at no cost. Please consider their services when needed.
    • Cleaning Company •
    Cosmic Commercial Cleaning logo
    A clean, sanitized office is here!
    • HVAC Contractor •
    Highland Air logo
    Click to stay cool this summer
    • Cleaning Company •
    Clean Pros logo
    A clean, sanitized office is here!
    • HVAC Contractor •
    Omni Air HVAC LLC logo
    Click to stay cool this summer
    • Electrical Contractor •
    KP Electric logo
    New or existing work, get a quote!

    Share
    Other property types near Santa Monica, CA