Financial
Distress signals
Property profile

1516 Montana Ave Santa Monica, CA 90403

OFF-MARKET
Retail space
Property ID
US10-0299031
2,306 SF 0.11 ac lot Built 2002
Last sale Dec 2022 · $4,450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$53k
Tax billed · 2024
Assessed value$4.54M
Assessed land$4.08M
Assessed improvement$459k
Effective rate1.18%

Value estimate

· Sep 2026
$4.11M
$3.69M – $4.52M
AI approach$4.03M
Sales comparison$3.81M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$1,055/SF
Submarket average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$508 – $1,653
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
SMC2*
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store11.9
Laundromat9.8
Pet Grooming Service9.6

Location

1516 Montana Ave Santa Monica, CA 90403-1877
County assessor Recorded deeds · 3 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2033 Wilshire, Santa Monica, CA 90403 $7,000,000 Apr 2024 3,149 SF
1414 Wilshire, Santa Monica, CA 90403-5413 $2,425,024 Sep 2023 4,350 SF
2301 Wilshire, Santa Monica, CA 90403-5801 $3,730,037 Feb 2023 1,987 SF
1902 Wilshire, Santa Monica, CA 90403-5606 $16,500,165 Feb 2021 4,482 SF
1210 Montana, Santa Monica, CA 90403-5956 $3,585,035 Nov 2020 2,500 SF
2636 Wilshire, Santa Monica, CA 90403-4623 $9,700,000 May 2020 3,468 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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