1248 5th Street Santa Monica, CA 90406

Mixed Use Development - we are pleased to present the investment opportunity to acquire the 100% fee simple interest in the Santa Monica Post Office. This iconic property offers an unprecedented opportunity to capitalize on Santa Monica’s March 2023 Housing Element update to build 157 luxury residences anchored by 32,900 square feet of existing, architecturally stunning retail in the heart of Downtown Santa Monica. With its multi-level design, this two-story, historical building stands as a remarkable landmark. Its enviable location provides immediate access to a vibrant technology and creative community, prestigious shops, renowned restaurants, nightlife, and attractions, ensuring strong rental absorption and retail fundamentals. Boasting meticulously preserved interiors that exude an air of sophistication and charm, this space is truly unrivaled and ready for an investor to reinvent the asset into a world class destination. Please inquire for more details.

Lower Ground Floor: 15,382 SF
Ground Floor: 17,553 SF
Mezzanine Floor: 1,948 SF
Total Square Footage: 34,883 SF

• Price Available Upon Request
• InvestmentProperty Type