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Property profile & analytics
OFF-MARKET
Estimated value
$6,390,000
Office buildings
6700 Santa Monica Blvd Los Angeles, CA 90038-1203
Individually Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6964498
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Construction
TILT-UP CONCRETE
Total area
18,917 SF
Lot
0.69 ac (29,986 SF)
Zoning code
LAMR
APN
5532-026-023
UPID
US09-6964498
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
XR Studios Film Production
-
IceAir's AC Repair's Hardware & Home Improvement HVAC Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.37M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.39M
Owner & transaction history
Columbia California Las Palmas Offi · 10 yrs held
Columbia California Las Palmas Offi
since 2016
7 recorded transactions
Zoning & alternative use
LAMR · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$10.3M
+8.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Los Angeles submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Los Angeles submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,985,000
6.5%
$7,370,000
7%
$6,840,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$9,495,000
Current use
AUTO REPAIR, GARAGE
$10,285,000
Change: +8% · Conversion: Difficult
MEDICAL BUILDING
$8,620,000
Change: -9% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$8,010,000
Change: -16% · Conversion: Difficult
RETAIL STORES
$7,765,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$6.39M
Range $5.75M – $7.03M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$338 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$197,908
Tax year 2024
Assessed value
$15,780,483
Assessed 2024
Previous assessed
$15,780,483
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$11,489,799
Assessed improvement
$4,290,684
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1987
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
18,917 SF
Lot
0.69 ac (29,986 SF)
Zoning code
LAMR
APN
5532-026-023
UPID
US09-6964498
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAMR · Los Angeles, CA
Zoning LAMR · permitted uses
LAMR · Los Angeles, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Los Angeles. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$9.5M
AUTO REPAIR, GARAGE
Est. value
$10.3M
MEDICAL BUILDING
Est. value
$8.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.0M
RETAIL STORES
Est. value
$7.8M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1987
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
Columbia California Las Palmas Offi
Individual
Mailing address
18818 TELLER AVE STE #277, IRVINE, CA 92612-1612
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 25, 2016
$61,338,500
Columbia California Las Palmas Offi
6700 Santa Monica Holdings LLC
Grant Deed
$34,455,000 · Wells Fargo Bank NA
May 28, 2013
$24,700,000
6700 Santa Monica Holdings LLC
6700 Santa Monica Boulevard
Grant Deed
related
$15,625,000 · Privatebank & Tr
May 18, 2009
—
Tnp 6700 Santa Monica Boulevar
—
Deed Of Trust
related
$18,867,000 · Pacific Western Bank
Dec 29, 2008
$31,444,000
Tnp 6700 Santa Monica Boulevar
Eastman Kodak
Grant Deed
$18,867,000 · Pacific Western Bank
Feb 8, 1971
$850,000
Eastman Kodak Co
Owner Name Unavailable
Grant Deed
related
—
—
—
6700 Santa Monica Holdings LLC
—
Deed Of Trust
related
$32,000,000 · Bank Of America
—
—
6700 Santa Monica Holdings LLC
—
Loan Modification
related
$25,000,000 · Privatebank & Tr
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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