3307 Pico Blvd Santa Monica, CA 90405
- Retail space
- 3,259 SF
- 0.12 lot acres
Current Use by Public Records
- Flying Dutchman European Pastry Shop / Pastry Shop
- Pico Studios / Recording Studio
- Birthright Recordings / Recording Studio
Property Details for 3307 Pico Blvd
- Year built
- 1938
- Construction
- WOOD
- Lot size
- 0.12 lot acres
- Property size
- 3,259 SF
- Zone code
- SMC2*
- Property type
- Retail space
- APN
- 4274-036-002
- APU
- 4274036002
Description
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
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,010,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,100,000
- 6.5%
- $980,000
- 7%
- $910,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,130,000
- Geo Method
- $1,040,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,220,000
- Retail
- $980,000
- Mixed-Use
- $1,220,000
- Hospitality
- $1,070,000
- Educational
- $965,000
- Residential Income
- $1,065,000
- Energy
- $1,270,000
- Income-Based Land
- $1,220,000
- Food Service
- $1,055,000
Location Insight
- Map
- Local Demand
- City
- Santa Monica
- County
- Los Angeles
- State
- California
- Longitude
- -118.455
- Latitude
- 34.0271
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA