725 Arizona Ave — Sale in Santa Monica, CA
- Price: Contact for price
- Listing type: For sale
- Asset type: Office
- Location: Santa Monica, CA 90401
Description
Available on a shared basis with 3 offices and eight (8) open desks on a short-or long-term basis OR the full private space for the remainder of the term. Brand new spec suite build out with creative finishes with exposed ceilings and polished concrete floor. Exclusive large patio on the 2nd floor for tenant’s use.
Market Context
This office in Santa Monica, CA is listed for sale. It has been on the market for 23 days. Compare it against other office listings for sale in Santa Monica, CA — view the full market.
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: multiple brokerage reports, Q1 2026.
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 multiple brokerage reports.
- Is the Greater Los Angeles office market tightening or softening?
- Vacancy is around 14.7%, with asking rents rising year over year (Q1 2026).
Estimated Market Rate
$310.59/SF – $420.21/SF
Mid: $365.40/SF
Rate estimator only; cost-of-business estimate unavailable.
Contact
- Blake Olson · blake.olson@jll.com
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