Office for Sale in Santa Monica, CA
- Price: $22M
- Listing type: For sale
- Asset type: Office
- Location: Santa Monica, CA 90401
Description
5,500 SF Office in Downtown Santa Monica!
Market Context
This office in Santa Monica, CA is listed for sale at $21,995,000. It has been on the market for 147 days. Compare it against other office listings for sale in Santa Monica, CA — <a href="/search/sale/office/california/santa-monica">view the full market</a>.
As of Q1 2026, the Greater Los Angeles office market showed a 14.7% vacancy rate, average asking rents near $35.40/SF/yr, rents up 0.7% year over year, and cap rates around 5.8%. Source: Consensus Q1 2026 market report.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Office market FAQ
- What is the typical cap rate for office in Greater Los Angeles?
- About 5.8% as of Q1 2026, per Consensus.
- Is the Greater Los Angeles office market tightening or softening?
- Vacancy is around 14.7%, with asking rents rising year over year (Q1 2026).
Unified Estimate
Medium Confidence$166.25/SF – $201.11/SF
Mid: $195.59/SF
Rate-first confidence-weighted blend with cost-of-business adjustment.
Contact
- Greg Briest · 818 800 4492 · Greg.Briest@cbre.com
- Marisa Renfro · 949 922 7278 · Marisa.Renfro@cbre.com
- Houman Mahboubi · 310 550 2651 · Houman.Mahboubi@cbre.com
Explore this market
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