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    3307 Pico Blvd Santa Monica, CA 90405

    Sponsored
    For Sale
    $1,999,000

    Prime Pico Blvd location, 3,690 SF, high income potential.

    Property size:
    3,690 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a charming, multi-tenant retail building ideally situated on a bustling corner of Pico Boulevard in Santa Monica, California. The property encompasses 3,690 square feet (buyer to verify

    Property Features for 3307 Pico Blvd

    General Information

    Property type
    Automotive properties
    Square Feet
    3,690 SF

    Building Details

    Year Built/Renovated
    1938/2024

    HighLights

    • Excellent investment opportunity in Santa Monica.
    • 3,690 SF net rentable (buyer to verify; title shows 3,259 SF).
    • 5,015 SF lot (1.33 acres).
    • Built in 1938, renovated in 2024.
    • Mixed‑use/commercial zoning.
    • Rare opportunity in a prime location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flying Dutchman European ... Pastry Shop Pico Studios Recording Studio Birthright Recordings Recording Studio

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Monica
    County
    Los Angeles
    State
    California
    Longitude
    -118.4554573
    Latitude
    34.0271428

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    FAQs

    What type of property is this?
    Automotive property - Prime Pico Blvd location, 3,690 SF, high income potential.
    Where is this automotive property located?
    The property is located at 3307 Pico Blvd Santa Monica, CA.
    What is the asking price?
    The asking price for this property is $1,999,000.
    What are key features of this property?
    This property features: Excellent investment opportunity in Santa Monica.; 3,690 SF net rentable (buyer to verify; title shows 3,259 SF).; 5,015 SF lot (1.33 acres).
    Request Owner's contact information
    3307 Pico Blvd Santa Monica, CA 90405
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    Santa Monica, CA 90405
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3307 Pico Blvd Santa Monica, CA 90405
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